Studies show that most physicians and practice managers don’t realize that their staff is struggling with Ortho billing and coding services until they start seeing lots of rejected claims and denied payments. How well is your team doing with medical billing? How many denied claims or reduced payments has your Orthopedic practice received in the past 30 days? Do you know how much of your Accounts Receivable are greater than 90 days? Does your team perform a daily cash reconciliation? Are the payments received posted within 24 hours of receipt? How long does it take for charges to be billed out after patient services are provided? If you answered, “I don’t know” to one or more of these questions, it might be time to hire a healthcare consultant for Ortho practices.
What We Do at MD Pro Solutions
Founded by a group of medical practitioners and healthcare administrators, many of whom are credentialed billing and coding professionals in their own right, MD Pro Solutions works with Orthopedic, Otolaryngology, and Plastic Surgery practices to provide consultations, services, solutions, and a wide range of education and training for medical staff. Medical billing training is not something that you do once and never revisit again. Training is something that must occur regularly throughout your career to ensure that you stay on top of the latest industry requirements, government regulations, and billing methods. Whether you do all of your own billing in-house or you work with an off-site provider for outsourcing, it is essential to stay on top of Ortho billing and coding services so you can measure your success and identify areas that require help.
As a healthcare consultant for Ortho practices, we are well versed in the demands of medical billing for physicians, practices, and clinics within this essential specialty. Our team of dedicated coders, experienced educators, and friendly support staff can provide you with all of the tools, training, and services you need to take control of your medical billing department. We begin by offering a free billing review. This provides our team with the insight necessary to determine which areas of your business require the most immediate support. It can also help you gain understanding of where your practice sits right now in relation to billing services, as well as your needs for education and training for medical staff. A billing review should be conducted every two to three years, as it can act as an insurance policy for your practice in many ways.
What You Can Expect
When you hire MD Pro Solutions to provide you with quality healthcare consulting services, medical billing training for staff, and ongoing support, you can expect to gain a partner that shares your goals of success for the future. In carrying out billing reviews, we have found lost revenue and missed opportunities in 95 percent of the cases. The bottom line is that your practice could be losing thousands of dollars per provider each year and you might not even know it without a comprehensive billing review. We act as a strategic partner, working hands-on with your practice at many different levels to achieve mutual success. We consistently provide daily cash reconciliations to ensure that our cash receipts are being deposited and accounted for properly.
Total transparency is necessary and the key to our overall success. In our many years of working with clients just like you to improve Ortho billing and coding services, we have been able to help practices to increase revenue by at least five percent when they join our team. The process of implementing new techniques and providing education and training for staff is very smooth and is designed to not interrupt the dynamics of your practice. Proper planning, execution, and focus is necessary to maximize your return on investment when it comes to medical billing training and support. If you are interested in learning more about our work as a healthcare consultant for Ortho practices or would like to take advantage of our free billing review, give us a call toll-free at 1-800-853-8110.