When you started your medical practice, you wanted to help people and make people feel better. But you also know that running a medical practice is a business and you need to keep your business skills sharp if you want your practice to survive. The problem is that caring for people and running a business are both full-time jobs and you are only one person. The solution is to hire healthcare consulting experts from Regional Medical Resources to make sure that the business side of your practice is always sound.
Managing Your Revenue Cycle
When we talk about managing your revenue cycle, we are talking about making certain that your practice is always running at peak efficiency and taking full advantage of all of the revenue sources available to it. We will help you streamline your accounts receivable and improve your patient billing process. We will also make sure that you have all of the proper pay agreements in place with insurance carriers.
Keeping You Up To Date
Everything in the medical field changes on a regular basis. The agreements you signed last year with the insurance companies you work with are going to change this year. Are you prepared to sit down and review all of your existing agreements to make sure that you get paid on time and in full?
We are experts who understand the dynamic relationship that a medical practice has with insurance companies. We know how important it is to review existing agreements each year to implement any changes that affect the payment process. We will also help you to understand changes in healthcare legislation that will affect your practice each and every day.
Doing Business For You
Not only can we keep you up to date on the changes in existing agreements, but we can be your business representative that negotiates new insurance payer agreements as well. If you have a specialty practice that requires delicate negotiations, then we can handle those negotiations for you and make certain that you always get paid for your services.
We can handle all of your business needs from patient billing to the appeal procedure for denied charges. We have years of experience and all of the right tools to help your practice grow and to help you take on the patients that need your help the most.
Get A Professional Organization On Your Side
Your job is to take care of people who are sick and injured. Unfortunately, you did not have the time to get a degree in medicine and business. But that does not mean that you are unable to run a successful and profitable practice.
We are healthcare consulting experts who will show you exactly how to get the most from your current payment agreements, and we will also help you to keep a close eye on changes in those agreements, as well as changes to the legal landscape in the medical world. We will work closely with you to make sure that you get all of the information you need to feel comfortable about how your practice is run.
Our experts have been helping general practices and specialists to run successful businesses for years. You may be a medical professional struggling to understand the business world, but that does not mean that you have to struggle with the business side of your practice on your own.