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Free Annual Practice Fitness Check-up for Physicians

Is your practice in need of a check up ?

Every medical practice needs a periodical check up to ensure it is meeting compliance demands and on the right track. But who has the time to go through endless numbers and graphs? MedicalBillingStar can save you from the frustration of conducting in-depth analytical studies. Let the experts handle it instead! We conduct free financial fitness check up for your medical practice.

We keep a stethoscope on your…

If it isn't broken, well, you must still fix it!

Reviewing payer contracts can help you not just work at better reimbursement deals, but also help ensure you are in compliance with the latest billing revisions. Our healthcare financial analysts go through your contractual obligations and explore potential avenues to increase revenue. We convert your services into RVUs and divide your operational costs by it. This will help your practice to renegotiate your payment with insurers and make an informed decision.

Are you stuck with middle of the Road Coding ?

Unfortunately most practices are. We closely analyze your coding process and give you a report that will help you fix the cracks. Every year CPT codes go through a major overhaul. Certain codes are rendered obsolete and the rules for using modifiers changes. It is important that you are in-line with the changes. Failing to do so will result in claim denials. We thoroughly audit your clinical documentation and coding.

Does your Compensation Formula need Reworking ?

We receive the contracted fee schedules from your insurers. The physician compensation formula has to be reworked time and again to ensure you get paid what you deserve. We use sophisticated financial analysis tools to review your payment structure. And, closely study, your highest paying CPT codes, the most frequently used ones, and other components that can be used to revise your existing payment.

Insure your Practice from Regulatory Bottlenecks !

Your practice is fairly profitable. You have a loyal patient population, and have never been on the wrong side of healthcare laws. But are you in complete compliance? We run an audit to ensure your electronic healthcare transactions are compliant with HIPAA mandated norms. That you are performing detailed eligibility checks, transmit accurate claims, manage self pays, and have an effective denial management strategy in place.

How have you fared this year?

Our annual financial report is submitted after thorough analysis of your claim management cycle.We analyze your key performance metrics. It is a complete summary of the financial performance of your practice. You can identify and set benchmarks for your practice. And know your strengths and weaknesses.