Our Ways of Analysis & Optimization

Heart Beat

Elevate your business with our commitment to precise data reporting and robust governance practices. We ensure a transparent and trustworthy relationship, fostering clarity and confidence in every interaction. Experience the power of informed decision-making and strategic collaboration with our comprehensive approach to data management.

Metric-Driven Performance

Our experts initiate benchmarking at the start of our contract, and they provide monthly reviews of key performance indicators, promoting transparency between our billing company and your practice.

Key metrics we track include:

  • Days in Sales Outstanding (DSO) or Days in Accounts Receivable
  • Gross Collection Ratio (GCR) & Net Collection Ratio (NCR)
  • Clean Claim Rate (CCR) & First Pass Rate (FPR)
  • Billing Lag & Charge Entry Lag


REIMBURSEMENT AND UNDERPAYMENT ANALYSIS

Understanding the appropriate pricing for your medical billing services can often be uncertain. Rely on our practice management consulting team to conduct a comprehensive fee schedule analysis, providing insights into how your fees compare with Medicare and other payers.

Regular Progress Reporting

Our practice management consulting team ensures the timely delivery of periodic reports, guaranteeing that service level agreements are met and payments to your providers are expedited

Monthly Performance Summaries

Expect comprehensive monthly performance reports, accompanied by an explanation from your designated account manager. These reports will not only highlight areas for improvement but also outline the strategic path forward.

Robot Process Automation (RPA)

Leveraging our advanced automation capabilities, we streamline repetitive tasks prone to errors. This includes reducing manual data entry, facilitating pre-authorizations, and handling straightforward claim denials with enhanced efficiency.

Analytics Platform for Data Visualization

Utilizing an advanced analytics platform designed for data visualization, we present your practice's key performance indicators in an easily digestible format. This real-time dashboard offers insights into your practice's health and aids in the more effective administration of Accountable Care Organizations (ACOs) on a monthly, weekly, or daily basis.

Interactive Business Review Meetings

Engage in interactive business review meetings to discuss progress, address concerns, and collaboratively strategize for the future. We prioritize ongoing communication and collaboration to ensure the success and optimization of your healthcare practice.