Did you know that medical labor costs increased by 258% between 2019 and 2022? As patient demands grew, so did the strain on the medical system, which contributed to a huge spike in labor costs. While these facts seem to contribute to a grim outlook on the future of medical profitability, hiring a remote direct staffing team can help to improve the outcomes of your practice.
Remote direct staff members can be hired at a much lower rate than onsite employees. But they also contribute to decreased training costs, lower office costs, and remote employees have been shown to be more productive than onsite employees. This is one reason why hiring a team of remote direct workers to handle all of your billing needs could be a cost-saving strategy. Overall, this contributes to labor consistency and ideal monetary outcomes for medical practices across the nation.
In addition to reducing the cost of labor, remote direct staff members often help medical practices develop a more diverse employee portfolio, which means that the practice in question ends up with new ideas and unique opportunities for growth. A diverse medical billing department is more likely to utilize unique experiences and outlooks to create sustainable outcomes within the practice.
Finally, remote direct staff members can be leveraged in a variety of ways to support the medical practice. But one particular strategy allows you to maximize the revenue cycle management within a medical billing department, contributing to higher profits. Employers should use direct staff members to analyze and identify areas of unnecessary spending and potential improvement in order to continuously enhance the medical practice’s profits.
The medical labor market is impossible to navigate right now, requiring that most businesses increase their operational costs to accommodate higher patient demands. However, hiring a team of remote direct staff members to handle all of the practice’s billing needs offers an affordable solution for common costly obstacles across the business.
Are you interested in learning more about connecting with remote direct staff members? Would you like to discuss the possibility of bringing a new team member on board? If so, contact us today. Reliant Billing Services works with a large pool of remote direct staff members that have the expertise you need to tackle your greatest problems.
