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Can you as a Physician afford a 10.6% cut in Medicare reimbursement coming in 2010?
Are you informed of the ICD-10 implementation date and the affects on your billing?
Is your office staff aware of BCBS plans that may not be complying with its commitments under the BCBS agreements?
Have you created a self-pay policy to assist the 46 million uninsured people in America?
What is your percentage of denials and A/R following new insurance plans that pay less and have the patient pay more?
Are your patients making health decisions based on your recommendations or their financial responsibilities?
Can your patients follow through financially with your treatment recommendations?
In today's state of economy insurance companies have diverted the primary focus off patient care and towards financial obligations. These mandates cause medical practices to see more denials and more documentation for claim payment. Furthermore, staffing, new technology, office and billing software, and other factors continues to increase the overhead of your practice while less revenue is being collected increasing the burden on the physician.
Regain control of your practice! Spend more time with patients and less time focused on financials.
Is outsourcing a viable solution to regain control of financial instability?
Yes.
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