Practices change. So do professional relationships. Experience shows that in these periods of transition large numbers of claims are usually mishandled, lost or neglected. If not handled correctly, the usual result is a significant loss in revenue.
Have you experienced or plan on any of the following changes?
- Start a new practice?
- Enter into new partnerships?
- Start a new corporation?
- Hire new physicians?
- Incur management changes?
- Hire new administrative staff?
Any one of these occurrences can cause serious financial loss.
What IHS can do to minimize your financial loss:
1. Perform a thorough accounts receivable evaluation and non-invasive root-cause analysis.
2. Identify existing or potential cash flow problems.
3. Evaluate and report specific findings while devising flexible and customized solutions.
4. Assign a ‘Strike-Force’ team of professionals to your practice, working to meet your needs and the project requirements.
5. Free up your current staff to focus on present and future billing issues.
6. Implement appropriate solutions and controls to channel payments and ensure cash flow directly to you.
7. Monitor progress and provide periodic project evaluation.