Why would my practice benefit from Outsourced
Generally, the net income increases
when a company like ours manages the billing professionally. This comes from
years of focused experience. When considering the cost of the service, you must
compare it to the employee cost, their benefits, space, computer systems &
maintenance, training etc also, the time required by the physician to oversee
and manage the practice. A very important expense, which is hard to calculate,
is Revenue Lost. This can be very high due to constant changes in the insurance
industry, employee turnover, outdated computer systems, lack of proper training
etc. When MedSphere manages your billing you do not have to worry about keeping
up with these day to day managerial issues. We seamlessly incorporate each
component, not just by meeting but also by beating the industry standards.
How do I know if my practice is performing
satisfactorily or not?
In today's complicated reimbursement
scenario, you must have the right tools to determine and understand the quality
of your practice’s performance. Outcome analysis is the key. We measure and
track the performance of each contract and the true reimbursement of each
carrier plan by procedure and diagnosis. We take this information and implement
any changes necessary to improve the performance. At MedSphere our expertise
is pursuing your Success.
How can MedSphere help?
We are happy to meet and review your
practice at no charge. We will review performance, make observations and point
out the areas that we can assist you with. We customize our solutions to suit
your needs. We are fully equipped to manage practices of all sizes.