HEALTHCARE

Healthcare Services Group

Service Offerings:
Revenue Optimization / Cost Containment

1. Fee schedule analysis

2. Practice Management Operations Reviews to evaluate the practice’s internal controls (safeguards against theft), efficiency, profitability and compliance. The review can include the following practice areas:

   1. Cash Receipts
   2. Receivables and Billings
   3. Disbursements
   4. Payroll
   5. Personnel
   6. Office Procedures
   7. Internal Controls/Safeguards
   8. Compliance

3. Billing and Collection Review to evaluate your practice’s revenue cycle

4. Practice Statistical Analysis – Benchmarking to provide data for comparative purposes

5. Evaluation of Third Party Contracts

6. Procedure Cost Analysis to estimate the practice’s actual cost per procedure for use in marketing, pricing and development of clinical guidelines

7. Coding System Review to determine the need for in-depth coding reviews

8. Development of a Collection Manual, evaluating, revising and documenting the practice’s collection procedures

9. Analysis of practice costs, including comparison of practice expenses to industry averages to highlight problem areas

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