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Does your
office run efficiently? Lots of physician's office's can
be run more efficiently. The key is assigning responsibilities
to qualified people and making sure they are following through.
We can help you evaluate your staff, their responsibilities, and
help to tell you whether they are doing what they should.
Do you collect
all you should? Collecting begins with charges.
Correct coding means highest reimbursement. Knowing the details
will reduce write-offs and adjustments. If something is denied,
efficient follow-up is essential. The longer the delays, the
more likely outstanding balances will not be collected. Billing
personnel, or an outside billing service, and software are the keys
to this phase of your practice. Call us to review your billing
system Articles
Is your overhead
under control? Without cost controls money can be flying
out the window. Do your cost centers compare to favorably
to others within your discipline? Call us and we can look
over your costs and tell you.
Is your income
at an acceptable level? Ever ask yourself if you are making
as much as you should for all that effort you're putting in?
An overall analysis of your practice can give you an idea if your
squeezing out all the profits you can.. Call us and we can
help you raise the bottom line.
Is your
compensation plan a fair arrangement? Even if it appears
that the practice is running smoothly, there are sometimes disturbing
undercurrents as to whether each partner is getting paid fairly
for the share he is carrying. Compensation plans can be structured
so there is incentive to produce without destroying the group through
unhealthy forms of internal competition. Competition should
be reserved for increasing the group's market share. We can
sit down with you and help you come up with constructive answers.
Articles
Check out the
links below for some quick answers.
- Medical
Economics Magazine Lots of good information here!
One of the best magazines on the market for the business side
of medicine.
Is my office
running efficiently?
How
do we structure a compensation plan for my group?
Are
we are coding correctly?
Am
I collecting what all I should?
Is
my overhead under control?
What
are collection rates and how are they calculated?
What
is a small balance collection policy?
How
do I select the right billing software?
Should
I do my own billing or hire an outside billing company?
How
should I go about staffing my office?
What
should I look for in an office manager?
What kind(s) of benefits should be provided to my employees?
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