Analyzing referring physician patterns reveals the absence or low volume of certain specialties that would normally refer diagnostic exams. This represents an opportunity for you or the facility you serve to take action to grow this market segment.
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It is essential to take a step back and periodically evaluate the process as a whole and discern if there are any obvious, big picture elements that are being overlooked. Peace of mind comes with knowing.
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The next steps in securing your revenue emphasize the value in effective process management and confirming your payors are paying what they should be according to their contractual obligations.
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In this 3-part blog series, we will provide you with the specific fail points in the billing process where we have helped numerous physician clients recover literally millions of dollars.
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In this example, hiring a billing company to legitimately maximize your revenue through its efficiency, productivity and attention to detail, will yield a net of over $9,000,000.
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Our physician practice revenue is declining – Should it be? The answer is no. You should probably be receiving slightly more revenue than in prior years. Here are reasons why your revenue should be higher.
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