When starting a medical practice, it’s important to consider factors like location, patient record-keeping, website design, technology, financing, office design, billing, medical equipment, practice management, malpractice insurance, demographic studies, staff qualifications, HR policies, and procedures.
Provider recruitment involves sourcing and hiring qualified medical professionals for effective healthcare service delivery. It also includes collections and overall management of healthcare providers, such as billing coordination and schedule management. Effective recruitment requires industry knowledge as well as strong communication and organizational skills.
Revenue cycle management involves patient registration, medical coding, and medical billing. It streamlines financial operations and helps healthcare providers increase profitability and improve patient satisfaction.
Practice extension involves expanding services offered within a field. Service/product line extension involves adding new products/services. Both strategies help businesses grow and attract new customers.
Proper credentialing verifies hires and physician compensation packages can vary based on many factors. We handle this service and all details surrounding to ensure the best staff, competitive wages and profitability for the practice.
Ancillary services are support functions that help an organization function smoothly. Developing and managing these services requires careful planning and oversight to ensure they are effective and efficient. It's an important aspect of organizational management that can impact an organization's overall success.
Selecting and implementing an EHR/practice management system can be a complex process. It's important to create a list of requirements and carefully evaluate different options to ensure the selected system meets the organization's needs. Planning and allocating resources for implementation is also crucial to minimize disruption and maximize patient care.
Payor reimbursement analysis and managed care contracting are important for healthcare finance. It involves negotiating contracts and analyzing payment data to optimize reimbursement rates and maximize revenue while providing quality care to patients.
To negotiate service contracts and equipment purchases, we research the market, identify needs and negotiate terms carefully to get you the best deal.
Revenue cycle management involves patient registration, medical coding, medical billing and collections. It streamlines financial operations and helps healthcare providers increase profitability and improve patient satisfaction.
We're here to ensure that your critical services run optimally to best benefit your served communities.
With our help, you'll improve the health and well-being of those around you.
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