We believe that healthcare should be about health and care, not about the complexities of business. In today's environment of ever changing rules and laws for reimbursement for healthcare services, managing a healthcare practice not only demands good management skills, but also it has become more of a science that requires close monitoring of each and every aspect of the practice. This requires the right tools and support mechanisms in place to improve efficiency and maximize profitability. We target all aspects of managing a healthcare practice.
If we dig deeper into the causes of lost profitability, we find that one fourth of all medical practices' income is lost due to under pricing, under coding, missed charges, under paid claims, incorrect processes and usage of incompatible technologies and mechanisms. A big percentage of practice revenue is lost annually due to medical billing errors. Is your practice among those, facing low revenue and is facing a challenge in coming to grips with the situation? If that is the case then, Physicians Financial Resources is there to help you overcome these obstacles and show you how to reverse this trend. PFR can re-gain the revenue and subsequent profits your practice is entitled to by streamlining your clinical and administrative processes and by using state of the art hardware and software to capture correct data in real time. By doing this we are able to file claims electronically and come up with personalized reimbursement strategies. We have the professionalism and expertise required to keep your practice functioning properly and efficiently at all times.
In today’s environment of constantly changing healthcare reimbursement rules and regulations, it is always a good business decision to outsource the Practice Management to trained professionals so that the physicians and clinical staff can continue to focus their attention on patient care and leave the practice management to experienced and dedicated professionals.
Our Practice Management solutions include streamlining clinical and administrative processes, record keeping, medical billing & coding solutions, which are designed to reduce your overhead and eliminate most of the paperwork done in your office. State of the art information technology tools and infrastructure support our practice management and electronic claim submission processes.
Physicians Financial Resources only charges a percentage of what is actually collected, not an hourly rate as an employee would receive, so if you don't get paid, we don't get paid!
