President - Ceo | Eye Care Practice Advisor | Revenue Cycle Mgt: Reduce Headaches, Get $$ Faster
Current➢ An Ophthalmic Practice Management Company, implementing business management solutions to improve efficiency and bottom line growth for eye care practices. We focus on Consulting, Revenue Cycle Management, and Compliance.SCOPE: I help physicians be better practitioners. I develop product, services and software solutions for physician practices, enabling them to recapture unrecognized revenue and opportunity costs, so they can focus on what they do best: Provide outstanding patient care.CLIENT SUCCESSES:► For a small, 1 doctor, 1 location practice: After administering our assessment, we set up our Revenue Cycle Management platform, implemented consistent administrative processes, and focused on staff training and education. By the end of the 4th year, patient care revenue increased 75%, from $262K to $508.9K, and he expanded to a larger location.Overall medical patient care growth rate? 700%, from 5% to 40% medical billing by year 4.► For a large, 3 doctor, 2 location practice: After our assessment, we discovered thousands of dollars of unpaid, unprocessed, and denied claims. After implementing our Revenue Cycle Management system for both offices, and training and educating staff, within the first month we collected over $120K ADDITIONAL revenue.After one year, they now enjoy exceptional performance on the management of their claims processing, and rely on a compliant workflow solution providing 100% transparency to their claims and payment information. This provides them best practice Accounts Receivable management.
