Where Is The Medical Billing Industry Headed?

We often get asked “Where do you think the medical billing industry headed?” In a recent article in the Healthcare Billing & Management Association magazine that question is answered for us.

A few of the major points from the article:

  • Healthcare spending as a percentage of GDP has increased from approximately 6% in 1965 to almost 18% in 2009, an almost 300% increase.
  • The estimated expected growth in the medical billing industry is just under 6% per year.
  • Physician Medical Billing is a $9 billion industry with $4.5 billion being generated by office-based physicians, the ones we are here to serve.

Watch the video below to hear from our Founder on this topic:

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