Practice Management and Analytics
Bring your revenue cycle in-house.
Bring your revenue cycle in-house
In addition to an outsourced revenue cycle solution, we offer implementation services for practices seeking to bring their billing operations in-house.
For practices and providers that desire the highest degree of control over the revenue cycle, an in-house billing operation can be very rewarding.
Training and expertise are some of the biggest hurdles towards successful implementation and sustained performance. We can help your practice make the transition efficiently, and help develop the knowledge and workflows required to maintain an in-house billing operation.
Give us a call for an analysis detailing:
How much it would cost to sustain an in-house billing operation compared to outsourcing
Your current AR recovery rate and opportunities for improvement
A sample timeline given the scope and complexity of your practice
Practice diagnostics - bring financial and clinical processes under control
Our diagnostic services focus on several key areas. Our general approach is to quantify and benchmark each of these areas, and help our clients develop processes and procedures to ensure that they remain in control.
Claims Submission issues
The revenue cycle starts with the submission of claims. If there are impediments to claims submission, accounts receivable can quickly become backlogged. We strive to remove impediments to claims submission and put processes in place to get claims processed as quickly as possible.
Accounts Receivable Backlog
Whether you have an in-house billing team or use a third-party billing service, it is critical to ensure that staffing is optimized. Sub-par practices can lead to backlogs in accounts receivable that are difficult to resolve within payers’ timely filing guidelines, leading to irrecoverably lost revenue.
We help providers visualize how many adjusted dollars are written off due to reasons such as timely filing, provider credentialing issues, authorizations not being obtained obtained, and other preventable reasons.
Every practice will experience claims denials. We look at trends and patterns in denials to determine what action to take and can implement processes to reduce recurrence. We specialize in resolving systemic issues with payers, leading to improved cash flow and lots of time saved.
Patient Accounts Receivable
Having a consistent and effective process for collecting on patient accounts receivable is not only a good business practice but can help you stay in compliance with federal and commercial payers. We can help estimate the true value of your patient A/R and put processes in place to streamline collec
For More Information
If you would like more information or to set up a diagnostic appointment, free of charge, please feel free to contact us.