Week of February 8, 2025: Billing industry outlook + Financial planning tips for practices

Medical billing companies and independent practices can take strategic steps to boost revenue, improve efficiency, and stay compliant in 2025.

For billing companies, our industry outlook reveals the top threats billers are currently facing — along with ways to overcome those hurdles. For independent practices, this week’s insights include financial planning tips for mental health practice owners, guidance on outsourcing billing and beating billing challenges, and an overview of the new HCPCS codes that could boost primary care revenue.

Plus, learn tips to protect patient data and keep your business secure:

Wherever you sit in the revenue cycle, we’ve got expert-backed insights to help you optimize financial health and future-proof your operations.

In Tebra's 2024 Medical Billing Benchmark Report, over 100 medical billing companies in North America shared what they expect in the future. Despite the shifting regulatory and payment landscape, 42% of respondents said they anticipate 6-10% revenue growth in the coming year, and a little more than a quarter are hoping for growth above 11-20%.

The medical billing market has its own set of challenges, but several trends are making it easier than ever for companies to combat these threats. To understand why so many billing companies remain optimistic, start by learning more about the specific challenges — and the solutions you can implement as a medical biller.

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