REVENUE CYCLE ASSESSMENTS:
Revenue cycle management is the cornerstone to making your practice more profitable.
Medical Practice Advisors can provide guidance on how to leverage your practice management system and streamline your internal processes to secure better cash flow and reimbursements from payers and patients.
Our comprehensive revenue cycle assessment addresses the critical steps in the coding and billing process in an effort to identify and eliminate weaknesses in the steps and to ensure that documented services are captured, coded correctly, and billed appropriately for maximum reimbursement.
The areas of emphasis include:
Financial clearance
Check-in and check-out
Charge capture
Coding procedures
Charge entry
Claims management
Patient statements
Payment and denial posting
Insurance follow-up
Denial management
Patient collections
Coding and documentation reviews
Medical Practice Advisors conducts coding and documentation reviews that will analyze provider documentation and coding to insure billed services are supported while adhering to payer mandates and guidelines.
A coding and documentation review performed by Medical Practice Advisors will cover every aspect of your process for documentation and coding including provider and staff education as necessary.