Missed Revenue Opportunities: Medical Practice Consultations

medical practice missed revenue opportunitiesThere are many reasons to hire a medical practice consultant to take a look at your business. Efficiency, effectiveness, and to ensure that you and your team are taking advantage of all the tools and resources at your disposal are just a few examples of the benefits you can hope to receive. At MD Pro Solutions, we offer new clients a free billing review. This helps us to determine the areas that require the most attention and provides practice administrators and physicians with a third-party view of their medical practice. We work with Otolaryngology (Ear, Nose and Throat), Plastic Surgery, and Orthopedics specialists to provide a wide variety of training, education, support, and services designed to help them maximize the tools they already have and avoid costly missed revenue opportunities. Surgical chart auditing, annual CPA audits, credentialing and recredentialing services – these are just some of the ways that we can help you achieve all of your practice goals.

Enhance the Services You Provide Your Patients

One of the best results that you can expect when working with a professional consultant is having the ability to streamline the administrative and billing duties in your office to provide you with more time for patient care and services. Founded by a group of medical practitioners and practice administrators who specialize in ENT, Ortho, and Plastic Surgery billing and coding services, our experience helps us to understand and develop solutions that will yield excellent results because we have lived it ourselves. We recognize that the only way to successfully navigate the very complex task of office management and medical billing is to stay on top of training and have a firm grasp of the medical insurance industry.

Some of our clients appreciate the opportunity to provide their team members with the training and support they need to improve their results. Others may make the decision to outsource billing services to allow their staff more time to focus on patient care and customer service. Whatever your goals, MD Pro Solutions can help you to achieve them. In carrying out our free billing review services, we have been able to identify lost revenue and missed revenue opportunities in more than 95 percent of the cases. It can be frustrating to do all the work, from scheduling the appointment, seeing the patient, and providing treatment, only to have the payment get denied or rejected by the insurance company due to improper filing of claims. Small errors in medical coding can result in lost income, hindering your opportunity for growth.

Credentialing and Recredentialing Services

We like to add a lot of extra services and support in the ongoing programs that we offer to our clients. Credentialing services are essential to ensure that every member of your staff can work with your preferred insurance companies and providers. MD Pro Solutions offers credentialing and recredentialing, including the submission of all the important documents with each completed application, including current licensing, CMEs, declarations pages, certifications, and malpractice narratives, before sending it to your office for signatures. Our credentialing services are only for insurance payers and not for hospital privileges and other types of services.

Some of the credentialing and recredentialing services that we offer include the initial services for each provider in your office, as well as updates, as necessary. We provide comprehensive record-keeping of all applications made to the insurance companies. Our team can complete and store all of the necessary 855s for Medicare patients and even prepare applications, including all relevant documents that are required to be attached. This is a personal service for our clients, including on-site visits to your facility on an as-needed basis. We provide fast and accurate credentialing services for new providers to help save you time and money. We have offices nationwide ready to serve you with whatever professional consulting services and support you need to succeed.

Contact MD Pro Solutions directly by calling toll-free 1-800-853-8110. We can answer any questions you might have about our consulting services, free billing review, and credentialing or recredentialing services. Take advantage of our free initial consultation to learn more about what our team of professional consultants and medical administrative experts can do for you.