Top-performing physicians care about two things: patient care and financial performance. Because a practice’s financial health directly affects the ability to provide excellent care, top physicians carefully evaluate billing procedures in order to collect all available. This guide illustrates why medical billing processes, staff, and technologies are critical factors in maximizing revenue capture.
Patient turnover threatens the financial stability of private practices. Studies have shown patients rarely leave a practice due to distrust in a physician’s skills, but rather due to frustrations with office procedures and staff. With several economic factors impacting small private practices, fostering loyalty with patients is more important than ever. Physicians must improve the … Continued
Now, more than ever, medical providers are facing pressure to focus on the business side of their practices in order to remain profitable – or, in many cases, just to keep the doors open. Once considered an annoying distraction from more important clinical work, escalating practice management and clinical efficiency/documentation issues have sent providers scrambling … Continued
This highly successful outsource billing and practice management company has had a birds-eye view of the evolution of practice and clinical automation through the eyes of its many medical practice clients. A thorough study of available software technology convinced the company that clients would be best served through the AdvancedMD cloud solution. Internal Medicine clients … Continued
This busy two-office, ten-provider, multi-specialty practice faced the dilemma of growing profitably while still delivering the highest possible patient satisfaction. Dr. Keith Berkowitz, founder and medical director of the Center for Balanced Health, felt a totally paper-based system seriously hampered his vision, resulting in greatly extended outstanding reimbursement collection and long hours at the office … Continued
Technological inefficiencies and redundancies were threatening the financial health and patient experience of this busy pediatric office. The practice adopted the AdvancedMD Practice Management solution to improve billing and scheduling processes. After two failed EHR systems through other providers, the practice later adopted AdvancedMD for an all-in-one technology system. Together, the platforms are a comprehensive, … Continued
This early-stage company is a pioneer in genetic testing targeted at early diagnosis of autism in children. The technology is new, and its benefits were not well understood by insurance providers. The company relied on an outsource billing company for reimbursements, but found that claims were outstanding for over one year, and the third-party billing … Continued
This specialized pediatrics services practice required a fully-integrated automation system to match their highly integrated service delivery model. Additional flexibility was required to accommodate unusual coding and reimbursement requirements, as well as additional products and programs integral to their patients’ well being. An in-depth due diligence process determined that the AdvancedMD cloud system most closely … Continued