Is Your Cash Flow Decreasing?

Is Your Staff Overburdened?

Do You Need A More Efficient Way to Run Your Practice?

    The challenge for practices to stay on top of their business is growing more and more difficult. Every carrier and PPO plan seems to require something unique. And those requirements seem to change every day.

    Your practice, like many others, may be experiencing shortfalls in your cash flow. Carriers are 'pending' more and more claims, requiring additional or more detailed information. If you don't respond, your claims will never be paid. If you do respond; however, your claims are still delayed another 30 to 60 days!

   Your staff may find themselves spending more and more phone time on 'hold', waiting for information from the carrier. This leaves less time to run the practice and take care of your patients.

   Physicians Financial can help you eliminate the 'claim bottlenecks', and free your staff to help run the practice. We understand what it takes to get claims filed properly, completely, and cleanly the first time. The more often you handle a claim, the more costly it becomes.

   Outsourcing your claims management may be the answer. People who understand claims can get your claims paid - quicker, and more completely. Outsourcing is not new... Do you do your own legal work, accounting, and payroll? Your yard work? Your automobile repair? You are probably outsourcing more than you realize!

Outsourcing Claims Management

• Frees up staff to focus on patients and quality of care.

• Provides experience and resources to handle claims.

• Reduce or Eliminate Claim Errors - Claims are paid more quickly.

• Problem claims are not lost, misplaced or ignored by staff.

Understanding the 'Game'

   The majority of the insurance carriers DO PAY their claims, completely and timely - when they receive the information that they require. It is up to each physician or practice to understand what those requirements are, for each individual carrier. Once you understand the rules, and submit your claims according to those rules, benefit payments are seldom delayed.

   Do you, and your staff, have the time to learn all of these rules? Or to even keep up to date, as everything seems to change daily! Can you afford not to keep up with changes?