Practice Management can be defined as “a subset of outsourcing services that involves the contracting of the day-to-day operations and responsibilities of specific medical practice office functions (or processes) to a service provider”.

Objectives:

To create a scenario of eliminating hidden costs, less leakage and losses, increase bottom line profits and streamline HR and internal management processes.
This in essence leads to less liability, and more defined experience to the business at lower cost rates.

Methodology:

Streamlined practice management revolves around four core principles:

Maximize revenue and compliance by:

  • Eliminating delayed claim submissions.
  • Reducing rejections percentages and claim denials.
  • Eliminating missing claims.

Practice Management through GulfHRA can be utilized either partial or as a whole RCM package;

  • Capture patient demographics.
  • Schedule appointments.
  • Pre-registration and verification of patients (including insurance eligibility and benefit checks).
  • Determine patient financial responsibility for collections at the point of care.
  • Maintain insurance payer lists.
  • Perform coding and billing services.
  • Generate customized reports.
  • Implement accounts receivable follow-up, including paid claims, unpaid claims, denied claims, resubmission and insurance collections.
Automated processes and solutions can provide definitive value addition to your organization’s business objectives and ensure sustainable and efficient outcomes.
top