Practice & Billing Assessment
Optimize Your Operations with Our Medical Practice Audit and Assessment
If your practice is not growing, you want to know why. ProMD Practice Management can help identify the problem and address it. As your financial health diagnostic specialists, we will:
- Analyze your billing performance
- Audit your practice’s policy and procedures
- Assess the technology and tools you use
- Review patient care workflow
- Report our findings and make recommendations
Years of experience helping medical practices to succeed makes us uniquely qualified to assess and analyze your practice's business operations. Our varied clientele represents a wide range of medical specialties and sizes. We have served small, solo multi-physician offices to full-service medical centers with large staffs offering a full range of services.
ProMD’s specialized assessment team will perform an operational audit and practice improvement evaluation to determine what parts of your operation are working effectively and where changes can be applied to lead to increased efficiencies.
When we conduct a medical practice assessment, we will cover every aspect of your practice from billing and collections to record keeping, staffing, contractors, and marketing efforts. Each segment of your business is scrutinized with practice effectiveness and cost efficiency in mind.
Comprehensive Medical Practice Assessment
- Billing and Collections Analysis
- Receivables Management Assessment
- Practice Management System Review
- Payor Contracting Analysis
- Fee Schedule Analysis
- Human Resources Review
- Staffing and Salary Analysis
We will spend two to three days in your office reviewing these areas as well as conducting staff interviews and meeting with office management. We compare the information collected to your practice’s goals so we can determine changes that need to be implemented to increase efficiencies. We conclude our medical practice assessment with a formal presentation to management outlining our findings and recommendations.
Next, it is time to allow ProMD to help fill the holes. Whether your practice needs additional staff training, operational assistance, a new billing system, or billing services support, ProMD is prepared to help. Our "Full Circle" approach to practice management means that we have the tools, staff, and business partnerships needed to assist with any issue your medical practice may face.
Find out more about how ProMD can make a positive impact on your practice operations. Contact us for a complimentary practice and billing assessment consultation. Call (844) 236-5488 today or complete the form below.