{  Procedures and Controls  |  Healthcare Practice Assessment  }

Standardized collection procedures save you time and avoid errors and mishandling of money.  Med+Econ, Inc. designs procedures to safeguard payments received, and improve cash flow.  We train your staff to respond to patients' fee resistance. 

Procedures and Controls:
We evaluate your personnel, hospital affiliations, computer system, billing procedures, and bookkeeping system.  We determine the adequacy of internal controls to protect you and the practice. 
Can your practice handle the requirements of capitation, managed care plans, Medicare and Medicaid?  What about the myriad of insurance plans?  Could you survive a Medicare audit without stress, huge costs or penalties? 

An assessment also includes:

• Fee and coding analysis
• Analysis of front desk and reception area (scheduling, patient flow, billing, etc.)
• Analysis of staff needs
• Patient relations
• Analysis of medical record transcription, system design and setup
  

• An in-depth analysis of coding and billing techniques to identify deficiencies and potential opportunities for future revenue enhancement
  
• Assessment of work procedures and the capabilities of coding and billing staff
  
• Identification of practice performance problems resulting from inappropriate coding and billing