Today’s hospitals face many challenges. Managing all the activities that take place in a hospital is a complex business, to say the least. Too often, the professional fee component of a hospital’s revenue stream is overlooked or under-managed. Precision Practice Management specializes in assisting hospital clients with analysis of hospital-owned physician practices and employed physician productivity – identifying lost revenue opportunities.

Precision works with hospitals to reorganize workflow and systems, maximizing professional fee reimbursements. In some cases, this requires a realignment of staff responsibilities. Other times, physician and staff education plays a part in the process. Or, Precision’s careful analysis can bring contracting and credentialing problems to light.

Precision also works with hospitals that want to link hospital technology and software systems to the technology and software systems of the physicians and medical practices associated with the hospital.  The desired interface may involve real-time data transfer between software systems, or may relate to the sharing of images and electronic documents between a hospital’s medical records system and the physicians’ electronic health records software system.

If your hospital system and staff excel at facilities management and billing, but you want to explore opportunities to better manage professional fee reimbursement for your hospital, Precision Practice Management can help.  Precision can also help you advance the technical interface between your hospital and your hospital’s physicians.  Precision’s services, whether billing-related or technical, can bring great value and significantly enhance bottom line results for your hospital.

 

 

Donald Bassman, M.D.
Orthopedic Surgeon
General Orthopedics
Satisfied PPM client

 

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