Medical Practice Comparison, Medical Practice Analysis
Global Health Management Services offers a complimentary benchmark medical practice analysis that demonstrates the performance of your practice in accordance with national and regional measures. Our courtesy evaluation provides a customized assessment of each element of your revenue cycle.
A Global Health Executive Partner oversees the implementation of each client’s distinctive plan, integrating our extensive healthcare experience in analytical problem solving and marketing strategies.
Securing maximum income, ensuring compliance and confirming accuracy in reporting guarantees peace of mind!
Questions to ask your current billing team
- What are your average days in AR? Benchmark should be less than 23 days.
- What is your bad debt percentage (collection agency referred patients)? It should be less than 2%.
- At least 70% of your AR should be in 0-30 days and 85% in 90 days or less.
- What is your trended average payment by procedure and by insurance payer? Are they paying according to contracted rates?
- Is every patient seen being billed to the payers and billed timely? If it takes longer than 48 hrs to submit the claim from the date of service, you are below benchmark.
Please contact our medical practice management consultants to request a complimentary analysis for your practice. Phone: (888) 610-2455 or complete the from below.