Ep. 011 – P – Why your practice is losing $50,000 – $100,000 per doctor per year & what you can do about it.

[gravityform id=20 title=false description=false ajax=true] www.HealMyPractice.comIn this episode we will learn: The difference between the “front end” and the “back office” of your practice. How to streamline the front end and the back office to create a seamless transition for patients and billing. How coding and billing must work together to get your OPTIMUM payment for what you do, not just any payment for your services. Why you need to stay up to date on coding requirements and changes, and how many practices fail to do this. The appropriate turnaround time you should expect to find out if your charges have been accepted or denied by insurers. The level of vigilance that is needed to see a claim from submission to payment. If you are currently negotiating with insurers at the point of claim denials when you are out of network, and if you are not, why you should be. Are your patient bills being sent and collected electronically? How to create an onboarding process for your staff to teach best practices for your office. Who is guiding you on the updates and guidelines to make sure you are up to date with the most recent changes? If you have an effective way to monitor your progress in revenue cycle management optimization? How to streamline your visits and procedures to optimize the revenue and decrease the coding and billing if a particular procedure or visit is not going to be reimbursed. How to capture your incentive bonus payments in MIPS and MACRA and why your biller should be helping you to drive your compliance with these mandates. Who is making sure that your coders, billers, and EMR vendor are transmitting the correct compliance data and that you are receiving credit for it?  What their Practice Start-up Package consists of. The biggest issues most practices face. The biggest issues with in-house billers and their REAL costs to your practice. Who is monitoring your billers? Who is auditing your accounts receivable to make sure you are receiving all the money you have worked so hard for? What is your current process to keep up to date with all of the changes that are occurring monthly in payment guidelines? Why having a nationwide practice management company can bring knowledge and best practices from across the country to your practice. The basic information that you will need to start your own practice. The common roadblocks and hurdles that physicians encounter when credentialing with Medicare and other insurance payers. The major stumbling blocks for foreign born physicians when applying for their Medicare credentialing. How to streamline your insurance credentialing process.  [gravityform id=20 title=false description=false ajax=true]Ep. 011 – P – Why your practice is losing $50,000 – $100,000 per doctor per year & what you can do about it. (video...