Why Vendor Owned Billing Systems Put Your Practice at Risk
Your system, your data…
If your billing company controls the system, they control your data. This means:
If you change vendors, you may lose access to your billing history.
Your practice could face interruptions in reporting, audits, or compliance.
Switching providers becomes complicated, costly, and risky.
In short: you lose control over one of your most valuable practice assets—your billing records.
Why Owning Your Billing System Matters
Instead of giving up control, your practice should own the billing system and simply outsource the labor to a billing partner. This model ensures:
✅ Data Security – Your billing records remain in your possession.
✅ Flexibility – You can switch billing vendors without fear of losing history.
✅ Transparency – You control who has access to your system and reports.
✅ Long-Term Stability – Your practice is never dependent on a third-party system.
The Better Way to Outsource
Outsourcing billing can still be smart—but only if you keep ownership of your system. That way, you get the best of both worlds:
Professional billing expertise
Full control of your practice’s financial data
Conclusion
At Matrix Medical Billing, LLC, we believe your billing system and your data should always stay yours. That’s why we work with platforms you own, so you never risk being locked out of your own information.