Missed Revenue Opportunities: Ortho Medical Billing Services
When it comes to taking care of the details for your Ortho medical billing services, the worst thing that can happen is to find out that you have missed revenue opportunities. Sometimes busy practices get sidetracked with all of the day-to-day operations that need to be done and end up missing out on essential tasks. Healthcare consulting services like MD Pro Solutions are designed to help busy practices to streamline their efforts, eliminate time-wasting habits, and create a more efficient work environment. One of the best benefits of taking a proactive approach is that you can increase medical practice revenue while protecting your business from fraud. Working with a reputable consulting firm is essential if you want to maximize your results. MD Pro Solutions is celebrating more than 20 years of service to Orthopedic, Otolaryngology, and Plastic Surgery practices and clinics. Our reputation speaks for itself!
Lost Revenue & Opportunities
It is highly recommended that all medical practices, clinics, and surgical centers take time to perform a comprehensive billing review every two to three years. An external review can identify small issues before they become big and costly problems while making sure that you don’t have any missed revenue opportunities. In carrying out billing reviews for our customers, MD Pro Solutions has been able to find lost revenue and opportunities for Ortho medical billing services in approximately 95 percent of the cases. This can be extremely frustrating for physicians and office managers. After all, you have already done the work to provide the patient with care and treatment, only to discover that you aren’t getting paid properly for the work.
Some of the reasons for lost opportunities and revenue lies in the practice’s billing department. If the billing staff is not submitting the claims properly or in the allotted amount of time, the claims could be rejected or denied. Improper use of codes and other common errors can reduce the amount received. It is important for practices to learn how to increase medical practice revenue to avoid losing thousands of dollars per provider each year. A FREE billing review from MD Pro Solutions can help you to ensure that your Orthopedic, Otolaryngology or Plastic Surgery practice is operating at its full potential. Our services can help you to enhance the service that you provide to your patients while protecting your business revenue for the future. You might not even know that you are missing out on revenue or be aware that your billing department has a high ratio of rejected and denied claims.
What You Can Do
If you want to take a proactive approach to Ortho medical billing services, your best bet is to start with a billing review from MD Pro Solutions. Our team can walk you through the steps necessary to identify the areas that require healthcare consulting services to increase medical practice revenue and reduce liabilities. Missed revenue opportunities don’t just mean that you are missing out on potential income for your practice. Still, they can also serve as a warning of other errors, fraud, and problems that are happening under the surface. In addition to providing our clients with a complete review of their entire medical billing solution, we also work with you and your team to suggest the latest financial tools and talk about ways that you can maximize results from your current medical billing software through training, education, and ongoing support.
Once the review is complete, MD Pro Solutions will follow up with your staff to make sure that solid medical billing practices remain in place to ensure improved patient services and overall account receivables management. All of these efforts can reduce the amount of time spent on collecting account receivables, processing claims, and worrying about cash flow. We can even help you to implement new practices and procedures designed to boost morale, increase productivity, and reduce the paperwork required by your staff. Monthly reports and ongoing client support can further enhance your ability to serve patients and improve management decisions across the board. We will not pressure you to switch from your current medical billing software provider, but will instead work with you to ensure that you are using it to its full potential.
Ready to get started with MD Pro Solutions? Contact our team by calling toll-free at 1-800-853-8110 to speak with one of our agents about getting a FREE Billing Review. We can answer any questions that you might have about our healthcare consulting services or schedule a time to go over the results with you and your team.