The PPM Solutions Difference
Tired of working harder to earn less?
It's harder than ever for medical practices to maintain levels of profitibility. If you're like most, you're working harder than ever to create a patient-friendly atmosphere and deliver the best possible medical care, only to discover that you're not being compenstated for your efforts because of rejected insurance claims. Claim rejections are at an all time high and medical practices are carrying an enormous amount of overhead to fight this never-ending battle.
At Physicians' Practice Management Solutions (PPM Solutions) we have the necessary expertise, personnel and technical tools to ensure the highest possible collection rate which will result in a dramatic increase in practice revenues. We will help you to improve practice efficiencies, reduce and stablize billing expenses, and improve results. We can also help train your front desk staff to ensure the flow of accurate information and maximize the number of clean claims generated.
The Cure for Rejected Claims
We are specialists at submitting claims accurately so that insurance carriers don't have the opportunity to reject them. After timely and accurate submission of claims, we follow up aggressively on payment. We also monitor government programs to ensure accuracy of payment. Additionally, everything we do is in strict compliance with HIPAA regulations.
PPM Solutions recognizes that we are an extension of your care. We're committed to insuring that your patients have easy access to us so that we can assist them with their questions and concerns. Our staff is dedicated to delivering outstanding customer service on your behalf.
Almost 20% of all medical bills go unpaid because insurance companies reject the claim based on administrative errors.
Using a properly managed EMR billing service can potentially increase the revenue of medical practioners by up to 30%.
The average cost of a medical practice's billing department can be as high as 11% of net income compared to the typical rate of 6-9% for a billing service.
Electronic submission of forms is more effective and less error prone than manual submission when handled by EMR professionals.
According to a survey conducted by the MGMA (Medical Group Management Association), the use of an external medical billing company increased the collection rate of all respondents as follows:
72.2% reduced number of days in AR.
72.7% increased collection rates.
59.1% decreased the rate of lost or denied claims.
59.1% gained better insight into the practice's financials and physician productivity.
to Outsource Billing Today!
Increase collection rates.
Increase profitability.
Increase physician productivity.
Increase staff productivity.
Decrease insurance claim denials.
Gain insight into your practice financials.