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The Guide to Medical Billing Companies in 2024

For independent medical practices, choosing a medical billing company can be a confusing process.

The first step to gain clarity is to understand the industry. In general, there are three categories of independent medical billing companies:

  • Large companies with more than 100 clients

  • Mid-size companies with 25-100 clients

  • Smaller companies with less than 25 clients

Viewed from this perspective, it’s easier to see patterns in the industry. In each tier, a medical company will be more likely to have certain strengths as well as weaknesses, and will be more likely to offer certain services as opposed to others.

Once you know what to look for, you’ll be in better position to select the best billing partner for your practice.

Let’s get started.

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