The medical industry suggests that practices and clinics should review their billing operation every two to three years. It is a good idea to order offside CPA audits to perform an external review every one to two years. Many consider this to be a necessity, as it not only helps you to determine the effectiveness of your billing department but can also spot potential issues that could spell trouble for your business. When clients contact MD Pro Solutions to hire a medical consultant for their Orthopedic practice or clinic, they are often unsure of how their billing team is performing. Our professional consulting services are designed to help you identify areas that need help and ensure that your team’s clinical coding optimization and claims submission skills are up to current standards.
Lost Revenue Opportunities
Another reason to hire a medical consultant that has experience working with your medical specialty is that they know the common areas where billing issues can occur. This can help you to stop leaving money on the table and can protect you business from fraud. In our billing reviews, we have discovered that there are lost revenue opportunities in approximately 95 percent of the cases. This can be extremely frustrating when you know that you have done all the work only to have billing not get properly submitted to where a reduced amount is received, or a claim is ultimately denied. Our professional consulting services can help you to prevent the loss of thousands of dollars per provider each year and ensure that you are on top of coding requirements and industry regulations.
One way to get started is with a FREE billing review. You can get one on our website to help get the ball rolling on what needs to be done to make improvements in your billing department. For a more in-depth review, we recommend offside CPA audits and other relevant services, designed to offer insight into current practices and help determine a course of action for training and support. When you hire our team for professional consulting services, either for billing, management, or training in Orthopedic (Ortho), Otolaryngology (ENT), and Plastic Surgery specialties, we will begin by performing a variety of reviews and audits to reveal all of the underlying issues that must be addressed to get your business on track and thriving.
Audits for Clinical Coding Optimization
There are specific reviews and audits that can be used by professional consulting services to help clarify the state of your Ortho practice or clinic. A complete audit of the current codes and billing procedures that are used, as well as annual chart and surgical chart auditing, should be at the top of the list. Offside CPA audits are instrumental in establishing better billing practices, improving account management, and helping your entire operation to prepare for the future. Our team will work directly with you and your staff to use the collected data for the purpose of making necessary changes and improvements that will help you to get back on track and focused on the path that must be taken in the future to achieve your desired goals.
We will continue offering these services in the future and highly recommend annual audits and reviews of your entire billing department to ensure that you stay on track. If you choose to hire medical consultant services that include outsourcing medical coding and billing, we will provide additional reports and reviews to increase the data that you receive for proper assessment of the services that we provide. Annual chart auditing, surgical chart auditing, annual fee auditing, and other offside CPA audits can all be used to help you stay on top of clinical coding optimization, claims submission, account receivables, and the services that you provide to your patients. We use these tools to provide you with more time and opportunities to spend delivering quality healthcare services and growing your business.
Partner With MD Pro Solutions
When you work with our team to provide professional consulting services, we partner with you to achieve our shared goal: your success. We offer total transparency, a strategic partnership that works to ensure improved results, and measurement of monthly benchmarks to establish marked improvements and increased productivity. MD Pro Solutions can also work with you and your team to enhance revenue collections by optimizing your coding, and re-working claims to capture additional revenue. Our proven methods offer a unique approach to billing and collection techniques that get results.
If you would like to learn more about our services for improving clinical coding optimization or providing offside CPA audits and reviews, give us a call toll-free at 1-800-853-8110. We have two locations designed to provide comprehensive services to our clients in Lakeville, Massachusetts, and Sarasota, Florida. Call today and speak with one of our representatives to discuss your needs or schedule a FREE evaluation of your current medical billing system.