Reviewing practice procedure can improve bottom line.
Anecdotal and statistical sources attest that many hospital-owned physician practices are either losing money or breaking even. This is alarming for not only hospital-owned practices, but stand-alone practices, too. However, careful review of standard billing and coding practice procedures and policies, among other things, can help reverse that trend.
Gambill
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Healthcare Management Advisors, Alpharetta, GA 30201-2007, USA.
D001071:Appointments and Schedules; D003363:Cost Control; D017598:Efficiency, Organizational; D004608:Eligibility Determination; D005245:Fee Schedules; D005377:Financial Management, Hospital / Q000592:standards*; D019983:Guideline Adherence; D007344:Insurance Claim Reporting; D008330:Management Audit / Q000191:economics*; D006278:Medicare / Q000191:economics; D010350:Patient Credit and Collection; D011216:Practice Management, Medical / Q000191:economics / Q000458:organization & administration*; D014481:United States