Rx Business Solutions
Revenue Cycle Management Experts
On average, a physician that sees 40 patients a day will spend 2+ hours per day coding all the patient encounters. This is lost time that is an administrative burden and time that could be better spent seeing patients. If a physician were to spend those 2 hours seeing an additional 7 patients versus doing coding, that would generate an extra $420 in revenue per day, which equates to $8,000 per month, or $96,000 per year in additional revenue.
A vast majority of physician groups use a registration or billing clerk, who is already spread thin with other tasks to perform coding. When inexperienced staff performs coding duties, mistakes are made and procedures are often left out, which means your practice is loosing out on revenue for services that you provided.
Outsourcing the coding of your patient encounters to our firm can eliminate the need for staff to perform this administrative headache. This reduces your practices overhead and other costs associated with coding.
Benefit# 4: 24 Hour Turn Around
Benefit# 5: Increased Compliance
With Medicare RAC Audits and increased private payer audits on the rise, physicians today must achieve higher levels of accuracy when it comes to clinical documentation or their practices may face harsh financial penalties.
Benefit# 6: Fast Start Up
Call Us Today 888-240-0056 > Request Information > Schedule a Demo
SpecialtiesInternal Medicine EMRObGyn EMRPain Management EMRPediatrics EMRPrimary Care EMRGastroenterology EMR
Services for the HospitalElectronic Medical RecordsMedical Billing ServicesEMR Training & SupportRAC Audit (Medicare) Coding Support
ProductsEMR/EHR SolutionsMedical Billing Services Meaningful Use PreparationRAC Audit (Medicare) preparedness
SitemapHomePhysician's PracticesFor the HospitalEMR/EHR SolutionsFAQAbout Us