Medical Management Services
Calculate Your Net Collection Rate Start by dividing payments (net of credits) by charges (net of approved contractual adjustments) for the time period that you want to monitor. Then multiply by 100 to get the percentage value. Payments need to match with their originating charges for the most accurate calculations, so you might want to […]
Outsourcing your revenue cycle management (RCM) can help you find a balance between business and taking care of your patients. Below, we discuss why RCM outsourcing is the best option for your orthopedic practice. Benefits of Revenue Cycle Management Providing excellent care to your patients should be your number one priority. But when your focus […]
It’s a compliance risk, and it deprives your physicians of proper payment. Undercoding leaves money on the table, driving down provider reimbursement: Undercoding increases the number of improperly paid claims: Undercoding impacts patients negatively, and skews the data that Medicare and other payers use to calculate payments, going forward: Failing to report services performed at […]
