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Medical billing services are becoming increasingly popular because they
save doctors a substantial amount of time filling
out forms, dealing with insurance companies and chasing
payments.
By
outsourcing medical billing, doctors can see far
more patients and generate more income
for their medical practice. Medworks Management,
Inc. will not only free office staff for more
crucial tasks, but will also increase reimbursements
from
insurance carriers by as much as 10% to 20%*.
For many years physicians graduated from medical
school under the premise that they were going to
run a "practice." "Businesses" were
for other professionals. Many tedious administrative
functions require attention including: Keeping current
with insurance specifications and regulations, so
that claims were paid on a timely
basis,
Concentrating on collecting receivables and co-payments,
Ensuring that fees were kept at the maximum allowable
insurance carriers were paying, or keeping procedure
codes current so that claims weren't suspended
or rejected.
For many offices, outstanding receivables grew
tremendously and annual bad-debt write-offs became
routine. But
adequate profit margins allowed medical practices
to ignore sound business procedures. Medical practice
complacency toward industry change is in the past.
Physicians' heads raised and they began taking
note of public opinions toward health care reform
issues.
With the onslaught of managed care organizations
into the industry, physicians are finding profit
margins shrinking. They are now alert to the fact
that in order to maintain business viability, they
will have to adopt more efficient business practices.
Medworks
Management, Inc. is prepared to assist local providers
move forward with sound Practice
Management
that will facilitate business success and, in
turn, guarantee quality health care.
 Get started and contact us at (973)543-8600
for a free consultation.
When a practice is run more efficiently, profitability will improve. It is not
unusual for the investment to be recovered in 6-12
months through increased revenues. That's ROI.
 Featuring
Medisoft medical software: Medical Billing
Software for your Practice
Manage the complex and changing world of health practice management with HIPAA-comliant
patient records, timely payment from insurances and tools to help your practice
run profitably with Medisoft v14. :: Learn more >>
The Medworks Management Difference
From
finding the software that fits your budget, to
medical staff training and support, Medworks Management
provides you with convenience and flexibility to
simplify
your life.
Medworks
is dedicated to long-term relationships with its
clients.
* results may vary
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