These are tumultuous times for the medical industry, particularly medical billing. With regulations seemingly rewritten every year, and insurance coverage fluctuating wildly, it can be difficult for healthcare providers to see all their invoices paid even in the best of circumstances. Yet, all too often, providers are contributing to their own problems as well.


In our 14 years of providing consulting services, over and over, we see instances of poor billing and documentation practices which harm their recoverable billings. This leads directly to monies being left on the table which could be recovered, with better back-office practices. In addition, these healthcare providers often lack the analytical processes necessary to accurately evaluate their billing department's performance.


In other words, they are not just leaving money behind. They literally don't know how much money is being left behind! However, ProMD can turn that all around.


How ProMD Increases Your Billing Performance and Revenues

1 - Better record-keeping and assessment

A billing overhaul begins in the back office. We can work directly with you, evaluating and auditing your existing software and processes. We look for "blind spots," where existing data capture fails to accurately reflect the real-world monies involved. With better data management and record-keeping, you can know your true financial situation - and how much money you could be getting from your billables.


2 - Improved collections techniques

We offer a full end-to- end RCM solution, tailored to your practice and its individual needs. With improved coding and accounting practices, alongside streamlined collections processes, we can simultaneously reduce the amount you spend on collection while increasing revenue. It's win-win.


3 - Operational oversight

Again, the problem isn't only that money is being lost to inefficiencies, it's that most medical practices do not know how much money they're losing. Our consulting services can include operational oversight, for a contracted term, to get your staff fully up to speed. We can ensure they are up-to- date on the latest in collections and coding processes, and that those processes are implemented properly.


4 - Better practice management software

We finish off our efforts by improving your in-house software. Our management platform is streamlined, easy to use, and designed to prevent needless waste. Patient check-in, coding, collections, it's all included in one package. Improve Your Billing with ProMD It can be that simple - lower costs on billing and collections, with better returns. Contact ProMD to learn more.