HOSPITAL OUT PATIENT CLINICS AND COMMUNITY ACQUIRED PRACTICES
Over the past number of years, hospital outpatient clinics have seen a decline in revenue and an increase in overhead. The outpatient clinics, faculty and acquired community practices do not show real profits and often need to be subsidized. The true overhead of the practices are often not evident because many of the costs are born by the hospital and not the practices. Accounting, legal, insurance and billing and collection expenses are prime examples. The practices' office systems often lead to procedures not being billed correctly or not being billed at all. Staffing levels are often excessive at the same time as being inefficient. Attempts to remedy these problem internally are not, in most instances, successful.
We have extensive experience in the evaluation and reorganization of medical practices. From office systems, chart documentation and billing procedures to the streamlining of physician activity, we can achieve an improvement to the bottom line.
Our consultants will come into the hospital practice or clinic and do an in depth analysis of all personnel, office procedures and practices. We will evaluate the providers productivity and coding levels in conjunction with chart documentation. We then prepare a detailed report of our findings with specific recommendations for the correction of any deficiencies.
After the evaluation, we can come in to the clinic or practice, institute the necessary changes and reorganize and retrain the staff. Training in coding and documentation for the providers and staff is provided.
PRIVATE MEDICAL PRACTICES
In todays medical climate, physicians and their office staff are overworked. It is almost impossible to run an office while keeping up with Human Resource requirements, changes in insurance company rules and updates in codings and documentation requirements. We have extensive experience in the evaluation and reorganization of medical practices.
From office systems, chart documentation and billing procedures to the streamlining of physician activity, we can help you achieve an improvement to the bottom line. We will come into your office with our evaluation team and do an in depth analysis of all personnel, office procedures and practices as well purchasing.
We evaluate each provider's productivity and coding levels in conjunction with chart documentation as well as your billing and collection practices. A detailed report of our findings is prepared with specific recommendations for the correction of deficiencies which can lead to a decrease in overhead and an increase in revenues.
Call us to set up an appointment to discuss with us the scheduling of a Practice Evaluation.