As a healthcare provider, you may wonder whether your staff is properly prepared with education and training to handle all of the changes that have occurred with regard to account receivables management in recent years. From ICD-10 changes to authorization training, it is important to make sure that your medical staff are equipped to take care of business on a day-to-day basis. If you have questions or just want to make sure that everyone is on board with the latest software and requirements, it pays to hire a healthcare consultant who is experienced in ENT practices and clinics to come out to your office for an evaluation.
Physicians who want to provide exceptional care to their patients, while making sure that the accounting and financial end of their business remains healthy, should ensure that their staff receives the essential education and training required for today’s medical billing and coding. Employees need to have a grasp of the latest ICD-10 changes, need to be highly organized and should be able to work effectively with patients to take care of appointments, billing and collections for best results. If you feel that your team may need a refresher on some of the skills they need to use every day, such as account receivables management and authorization training, contact MD Pro Solutions.
Otolaryngology practices can count on the medical consultation services provided by MD Pro Solutions, which were developed by experienced professionals within the ENT specialty, to provide them with all of the education and training, tools and support that they need. We help medical practitioners to reduce the amount of time spent on billing and account receivables management so they can put their focus back on patient care.
One of the biggest reasons why ENT practices and clinics contact our team for education and training is to maximize the revenue to help them to provide continued patient care. It is important to help employees to have all of the support that they need to be effective and efficient in ENT medical billing and coding. When mistakes happen and claims are submitted with errors, those claims can be delayed or denied, reducing the amount of cash flow into the practice. Cash flow is required to keep up the daily business expenses of running the practice, such as overhead costs for rent and supplies, employee payroll and benefits, utilities and other essential services.
When patients are your primary focus, it may be difficult to think about switching that focus to a more business oriented approach. But the truth is that you won’t be able to help your patients if you can’t afford to keep your practice open due to poor education and training by your ENT medical billing department. If you are losing money or having funds delayed because of poor billing practices, MD Pro Solutions can help your team get back on track. In the mean time, we can also provide you with outsourced billing solutions that can provide immediate results while your staff is undergoing billing, receivables and authorization training.
Understanding Lost Income
Recent studies reveal that as much as 25 percent of all income from medical practices in the United States is lost each year due to simple errors made in billing and coding. With the latest ICD-10 changes, that figure is expected to rise while practices and clinics scramble to ensure that their staff members are providing proper account receivables management. The current figure already costs the healthcare industry hundreds of millions of dollars each year in lost income. It is more important than ever before to ensure that your team has the proper education and training required to stay on top of your ENT medical billing and coding.
Some practices still are not taking advantage of the benefits associated with web-based medical billing software. MD Pro Solutions can help you find the best programs available based upon your needs and your budget. We can even provide all of the education and training needed to get your staff on board with the new software to expedite processing and streamline your billing department. It is important to choose cost-effective solutions that not only provide you the tools you need at a price you can afford, but that will also enable you to provide better solutions for your account receivables management department.
Contact MD Pro Solutions by calling 508-946-1665. We can provide you with a FREE estimate on any of our services for ENT medical billing, coding and authorization training, as well as other specialty support programs. We will help you choose a comprehensive program of education and training, plus real-time support, that will assist you in taking your practice to the next level. Call today and find out why so many ENT practices and clinics trust MD Pro Solutions for their healthcare training, services and support.