Physician Group Practice Revenue Management
PCG offers physician group practices a wide range of services to improve the financial performance and compliance of their operations. PCG has skilled professionals and proven methods for improving claiming practices and operations management. Services include:
- Revenue cycle review – to ensure all procedures performed are captured and enter the revenue cycle.
- Charge capture development – to evaluate existing charge capture tools for completeness and comprehensiveness.
- Billing and collection services – providing full outsourcing and come-behind billing and collection services.
- Coding and documentation improvement – to identify potential coding errors that require training and education and/or to identify opportunities for revenue improvement.
- Rate sensitivity analysis – to manage your rate structure to ensure optimal results from your charges.
- Reimbursement negotiations – to assist in the development and negotiations of reimbursement rates from federal and commercial payers.
- Compliance reviews – to monitor operational risks related to billing, documentation, collection, and other compliance-related matters.
- Financial reporting – to obtain relevant information and reports to help manage clinical and financial operations.