Practicing medicine today sometimes seems to be more about regulatory rigor than medical discipline. Jumping through payor hoops is just the beginning. Staying on top of medical coding requirements, billing and collecting all that is contractually allowed and clearing all the hurdles of running a practice are key to survival in today’s healthcare marketplace.
The magnitude of federal and state healthcare oversight is becoming more complex with the new healthcare rules being released as part of the Patient Protection and Affordable Care Act (PPACA), commonly called Obamacare. The onslaught of regulation coupled with pressure to accept decreased reimbursement and increased patient load adds complexities requiring expertise of professionals who have honed their skills doing the analysis necessary to protect your business.
In spite of these trends most medical practices do not have the time or the properly trained staff to accurately and effectively navigate these waters. If your practice is considering these and other issues, please contact us to discuss our services.