How do I calculate the true cost of my current in-house medical billing vs. outsourcing?

Calculating the true cost of in-house medical billing vs. outsourcing goes beyond comparing salaries and service fees. It involves evaluating staff wages, software costs, training expenses, claim errors, denial rates, and collection delays for in-house billing. On the other hand, outsourcing shifts these responsibilities to a professional billing partner, often leading to lower overhead, improved accuracy, and faster reimbursements. To find the real cost difference, analyze both direct and indirect expenses—including time spent on administrative tasks—and measure how each approach impacts your net collections and overall revenue efficiency.