Case Studies
SUCCESS, TOGETHER
Case Study/Analysis – Summary
The Practice has been able to increase billing steadily for the past three years but has been unable to increase revenue at the same rate.
Data analysis points to a weak collection system in place.
Significant amounts have been adjusted as un-collectible or bad-debts
Aggressive follow-ups need to be in place to recover from insurance and patients.
High outstanding from Medicare suggests that billing may not be properly coded or billed, or deductibles are not collected.
The ROI tool suggests high savings if the billing is optimized and professionally managed.



Analysis



Methods to Increase Overall Revenue 5% to 10%
- Elimination of lost Charges
- Clear identification of appointments that need to be rescheduled
- Immediate identification of outstanding patient balances
- Maximize revenue through correct coding initiatives