Orthopedic Practice Billing: Increase Medical Practice Revenue
Wouldn’t it be nice to know that you were actually getting paid for all the work that you do at your Orthopedic practice or clinic? Studies show that a majority of medical practitioners are losing thousands of dollars per provider each year due to issues with coding and billing errors. Orthopedic practice billing can be done either in-house or through an outsourced service. However you prefer to do it, MD Pro Solutions can help you do it better and even increase medical practice revenue by integrating proven techniques, providing education, and offering ongoing support. As a healthcare consultant for Ortho practices, we can offer you and your team the tools, training, and support necessary to streamline your Ortho medical billing services and improve the business side of your practice.
Orthopedic Billing Specialists
Our team specializes in providing training, support, and consultant services for clients who work in the areas of Orthopedics, Otolaryngology, and Plastic Surgery. We have worked for decades within the medical billing industry and have established proven techniques, proprietary software, and methods that we can share and use to help increase medical practice revenue. How do we accomplish this feat? We begin by offering a free billing review to thoroughly go over your entire billing operation. An external review should be conducted every two to three years. It acts as an insurance policy for your practice, uncovering issues that might be impacting the bottom line of your medical practice.
In carrying out our billing reviews as a healthcare consultant for Ortho practices, we have discovered lost revenue and missed opportunities in approximately 95 percent of the cases. It can be frustrating to do all of the work, from scheduling the patient’s appointment to providing quality care and treatment, only to receive a fraction of the payment due to billing inaccuracies. When claims are not submitted properly, a denied, rejected, or partial payment might be the result. Your practice could be losing thousands of dollars per provider each year, and you might not even know it without a comprehensive billing review. The goal of healthcare is to provide care for patients, but if you are not getting paid what you have earned, your practice could go out of business, ending your ability to care for those patients.
Better Billing Improves Patient Care
When you are not bogged down with concerns or scheduling issues for Orthopedic practice billing, it can improve the quality of care you provide to your patients. Regardless of the size of your office or clinic, billing can overtake the entire mood of the facility. Whether you have staff dedicated to billing and coding services to submit claims for payment or if you juggle billing tasks among the office manager or administrative team, it is essential to do all you can to streamline your efforts. For some, this means outsourcing billing to increase medical practice revenue. For others, this might mean training, education, and support to improve your in-house approach to Ortho medical billing services.
Working with a healthcare consultant for Ortho practices can help you to enhance the services that you provide to your patients will increase practice revenue. MD Pro Solutions can offer a complete review of your entire medical billing solution to ensure that you are taking advantage of all the benefits associated with your current billing service. We will suggest the latest financial tools and discuss ways that you can improve your software experience through better training, education, and support. You can reduce the amount of time spent on collecting account receivables, processing claims, and worrying about cash flow for your Orthopedic practice when we help you implement new procedures and methods designed to boost morale, increase productivity, and reduce paperwork for your staff.
Schedule a FREE Billing Review
Get things started by contacting MD Pro Solutions directly to schedule your free billing review. We work with each client as an individual, tailoring the services we provide based on your needs, goals, and budget. We can offer ongoing monthly reports and support designed to improve your management decisions through better information and ensure that your improved services and billing practices remain in place. We guarantee complete confidentiality for you, the client, and your patients. Call today toll-free at 1-800-853-8110 and speak with one of our consultants about your Orthopedic practice billing needs.