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The Prescription For Your Financial Success.
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Reimbursement X-Perts
70 Timber Creek Drive Suite 5 Cordova, TN 38018 Phone: 901-737-3071 Toll Free: 866-737-3071 Fax: 901-737-3072 info@rxmemphis.com |
Practice Management Consulting What are practice management services? "Practice Management" is a broad term encompassing many different Reimbursement X-Perts services. It can mean actual onsite practice administration (interim or long term), operational assessments to evaluate the business health of practices, and educational services for physicians and staff, among other services. Reimbursement X-Perts's practice management consultants come from many backgrounds: practice administration, nursing, finance, law, coding and billing. For more information on our practice management services, please see our practice management page. :: Back To Top :: What are Reimbursement X-Perts's fees? Practice management service fees are highly variable, depending on the type and size of the project. Rates can be hourly, monthly or project-based, depending on a client's needs and objectives. If you would like a firm quote from us for your particular project, we would be happy to meet with you to learn more about your needs. :: Back To Top :: What are the terms of Reimbursement X-Perts's practice management contracts? We structure every contract to meet that particular client's needs. Some contracts are indefinite retainers for our services, while others contain a specific project completion date. :: Back To Top :: What are Reimbursement X-Perts's most frequently requested practice management services? Practice operational assessments, E&M documentation and coding assessments and training, and contracted practice administration services. :: Back To Top :: What is an "Operational Assessment"? An operational assessment is the examination of a practice's operations to identify areas where improvements can be made. An operational assessment provides valuable insight into a practice from an experienced outside professional's point of view. Some clients hire us to focus on their practice's billing operations to identify and correct areas of lost revenue. Other clients want us to examine their practice "from the top down": staffing levels, human resource issues, office layout, patient flow, financial health, billing issues, comparison to other similar practices, compliance risk areas, and more. Each operational assessment is tailored to the client's needs. :: Back To Top :: Can Reimbursement X-Perts provide long-term management services for me at my office? How does that work? Yes. We have numerous practice managers who work off-site at our client's locations, either part time or full time, for years. They are regarded by our clients as a member of their own staff, and yet they retain the advantage of belonging to the Reimbursement X-Perts team. Through regular meetings or teleconferences, our long-term off site practice managers have access to the collective knowledge and skill of all Reimbursement X-Perts practice managers, in the areas of administration, finance, law, and reimbursement. Each particular management arrangement is tailored to the needs of our client. If you would like more information about long term management services, please feel free to contact us. :: Back To Top :: What about short term on-site management services? Reimbursement X-Perts can provide short term or interim practice management as well. We have provided temporary management services to many clients to help them when they are between administrators for some reason, or when an administrator is out of work on family or maternity/parental leave. We are able to serve private, as well as hospital groups with our management services. Typically our interim management engagements are from two to eight months, though we can tailor our services to a particular client's needs. :: Back To Top :: |
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