Revenue Cycle Services for Multi-Specialty Physician Practice Groups Designed to Support Growing Organizations For many Multi-Specialty Groups, having more than one Practice Management (PM) system isn’t that unusual. This is especially true for groups that have grown through mergers and acquisitions. In some cases, certain specialties may require unique features or functionalities not available in
Reducing Errors with Data Validation Healthcare claims and other billing documents contain a substantial amount of patient, provider and payor information that can originate from different sources and HIT applications — which then leave room for error. Common issues include duplicate entries, incorrect coding and incomplete data. Any inaccuracies in the processing of remittances for
Maintaining Your Autonomy with Joining or Forming an MSO Partnership With the formation of a Management Services Organization (MSO), efficiently processing and posting remittances for multiple practice management (PM) systems, clearinghouses and bank lockboxes can be challenge. This is especially true if all the groups are reporting to a single Tax ID and ERAs are
Outsourced RCM Services Designed to Grow with Your Business Mergers and acquisitions that include the use of multiple billing systems can bring a significant amount of manual work to reconcile, distribute and report on all payments being posted or re-worked. As organizations grow by adding dozens or more business units and multiple HIM sources, having
How to Maintain Cash Flow when Migrating Practice Management (PM) Systems While staffing shortages continue to create a variety of revenue cycle obstacles and cash flow interruptions, there are also a considerable number of groups in the process of researching and selecting a new Practice Management (PM) system. If you’re currently in that mode, or
