Practice Performance Analysis
Is your practice maximizing its collection rate? In an industry wrought with “revenue leakage” caused by “cracks” in the process, it is common for even the most efficiently run medical practices to be losing out on significant profit annually without truly knowing it.
A robust medical practice typically collects at around 95% of their total entitled reimbursement revenue. What would it mean to your practice to increase that percentage 3-4% through written off A/R, missed secondary payer opportunities, missed payer contract negotiation opportunities, and more? With a complimentary Practice Performance Analysis from Glenwood Systems, we can show you how this increase can become reality. For the average practice, this translates into another $25k-$30k per year in pure profit. What could this mean to the quality of care you could provide to your patients?
Glenwood Systems offers a no-cost, no-obligation Practice Analysis to help you identify areas of leakage and the tools needed to reverse it. Rather than merely focusing on the collected, Glenwood Systems focuses on the uncollected to realize greater gains for your practice. Our clients realize a +99% collection rate.
A complimentary Practice Performance Analysis from Glenwood Systems includes the following:
- Mutual Confidentiality Agreement
- In-Depth Questionnaire (to learn about the details of your practice)
- A/R Review
- Monthly Billing Review
- Billing Cost/Efficiency Review
- Presentation of Findings (including estimate of potential gain along with custom solutions recommended for your practice)
Our goal at Glenwood Systems is to make the practice of medicine fulfilling and rewarding by simplifying practice management through effective systems. Glenwood Systems is your trusted partner; our clients benefit from our myriad business assets to improve patient outcomes and satisfaction while reducing cost and hassle and increasing revenue and profitability.
Let us show you how we can help you realize an increase in profit and a more fulfilling practice with our no-cost, no-obligation Practice Performance Analysis today. Call now to schedule your assessment: 888-452-2363. How much do you stand to gain?
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