MAG Mutual HealthCare Solutions, Inc. (MMHSI), your medical publication and practice consulting resource, presents an on-site assessments that addresses your number one question, “Why am I working harder but making less?”
Key Elements Include:
- Finding out how much money you should be making/spending
- Prospective documentation and coding assessment
- Fee schedule analysis for top utilized services
- Assessing the effectiveness of your coding/management staff
- Establishing financial goals based on information reviewed
Find out exactly what the ratios should be for your practice based on peer data. Charges, Revenue, Accounts Receivable, Collection, etc.
The consultant will review top services provided and compare documentation with corresponding code selection. We will then analyze your fee schedules/ reimbursements and make recommendations as needed.
The consultant will analyze your EOMBs with your coding and billing staff to identify common denials and help ensure future denials are minimized.
The consultant will review the number of FTEs, personnel manuals and staff salaries, health insurance, and other overhead expenses as needed.
MMHSI will work with you to establish solid goals for your practice in order for you to obtain the salary you deserve.
The consultant will review a summary of recommendations with physicians and management.
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