Practice Management Services
When you partner your practice with Financial HealthCare Management,
you can look forward to a multitude of services critical to running
a well-established and profitable practice.
After assessing the day to day operations of your practice,
we will work with
your staff on multiple managment levels. Tell me more about FHCM's practice management services!
Corporate Compliance & HIPAA
Numerous governmental entities and payor organizations
are involved in scrutinizing healthcare providers’ compliance
with laws and regulations associated with billing, contracting,
service delivery and financial relationships. Our team of certified
professional coders, and consultants can provide the following corporate
compliance services… tell me more.
Financial Management
Services
Due to the financial complexities of managing a practice, physicians
often find that financial management requires more time away
from patient care. At FHCM, we believe we have the knowledge
and information to assist you with all financial aspects of
your practice. Good practice decision-making relies on precise financial management and operational analytics -- tell me more... |
 |
Billing & Collection Services
With over 10 years of experience in physician management, we have
discovered that as much as 15 percent of a practice’s billing
revenues can be lost due to coding errors, missed charges, and inadequate
documentation.
That is why we will start by analyzing your current billing and
collection methods to assess whether you are charging a competitive
fee or if you are collecting outstanding bills. Then we examine
coding and documentation to determine if your coding is resulting
in maximum reimbursement and if your documentation is HCFA compliant.
After we assess the revenue cycle management process, we propose
a customized program to address your needs and maximize profit performance.
Your practice can start enjoying the efficiencies and revenues
of a finely tuned operation by implementing any and all of the following:
|
Redesigning existing or
new collection procedures |
|
|
Improving procedures for
managed care patient collections |
|
|
Insurance verification,
coding, collections, appeals processing, and claims resubmission
procedures |
|
|
Monthly and on-demand reports
of your collections performance and trends |
|
|
Staff monitoring of third
party billing and account balances |
|
|
Keep physician and staff
abreast of changes in reimbursement |
|
|
We work with your billing manager & will assist your practice -- tell me more... |
Coding and Reimbursement
We offer experienced certified professional coding specialists with
knowledge of the latest federal compliance regulations. They are
experts in reviewing documentation, extracting billable medical
services from medical records, and applying all related processes
and guidelines prior to submitting a claim.
Our coding experts can monitor your revenues by -- tell me more...
Learn more
about Financial Healthcare Managements' comprehensive health care
consulting services.
| “Helping HealthCare
Providers Grow Successful Practices” |
|
