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Survival of your hospital or medical practice in trying times

When:
Wednesday, December 2, 2020, 1:00 PM until 2:00 PM
Contact(s):
David H Levien
Category:
ACHT SPONSORED Webinars and workshops
Registration is recommended
To benefit from this valuable webinar please register on the side of our business partner, MedXPRIME. American College of Healthcare Trustees Fellows can also register on our site to conveniently document their participation. We offer our Fellows hour for hour ACHT leadership credit toward blue, brown, and black belts and toward special designations such as Fellow with Special Merit and Fellow with Distinction.
No Fee
No Fee

“A DOCTORS BIGGEST HEADACHE” + A GREAT SOLUTION = INCREASED INCOME!

 

The American College of Health Trustees has positioned itself as always providing value to our members who are trying hard to provide the best care for their patients and to build a financially rewarding practice.  Our dedication to your success, providing everything we can to help you meet your goals, has been the foundation of ACHT.  A very large part of our success over the years has been due to our sincere commitment to improving your practice and increasing your income.  We have always appreciated that to enhance our relationships we should provide as much value as possible.  Forming strategic alliances is a clear path to success when we share values, vision and our goals to advance together, maintain the standards you expect, and provide the greatest value to our members. We have entered into just such a relationship with a firm that allows us to introduce a service that will add significant revenue to your practice. Having vetted this opportunity thoroughly, we are excited at the prospects that will unfold for you.  

 

For Doctors, the most troubling part of managing their practice is very simply not getting paid. Accounts Receivable from insurance companies for many doctors can total tens and hundreds of thousands of dollars.  For large practices, it can run to lost MILLIONS of dollars. . . . all of it representing completely lost revenue and profit for the practice. Every doctor in practice wants to recover as much of their well-deserved income as possible.  On average, medical practices only collect 60%-70% of their insurance claims and we know some practices only collect as little as 30%.  Amazingly, losing a large percentage of their income has become an accepted part of medical practice.  Why?  There are 85,000 diagnostic codes and 10,000 procedure codes, the combination of which is a huge number.  Frankly, most doctors’ billing staff and many billing companies don’t have the level of experience needed to navigate this very complex arena. 

 

This issue in our opinion is on a crisis level for many health care providers. What if you could do something about that? What if we could help you recover sums of money from these unpaid insurance claims, adding it back to your bottom line? And the best part, what if you could increase your cash flow each month due to never having this A/R pile up month after month?  What’s amazing is that most doctors are not aware of the “timely deadline filings” and that time is ticking with many of these claims falling of the “financial cliff”, lost forever.  Time is of the essence!

 

We are now aligned with a company that has established expertise in a very unique sector of Revenue Cycle Management and Recovery.  They focus their efforts on forensic recovery of insurance account receivables.  By using their specialized knowledge and experience, they can return a percentage of denied medical insurance claims that were considered uncollectable and are currently being written off. 

 

Their system takes a forensic approach to one of the most vexing problems in practice management.  They are NOT a collection agency, but a specialty firm that thoroughly understands claims, coding, and most importantly has a very skilled and talented billing group that handles this on a daily basis.

 

This firm has been recognized in 2019 and 2020 by two major healthcare magazines for “Top 10” performance for their clients

 

Healthcare Tech Outlook: Top 10 Revenue Cycle Management Solution Provider for 2019 and 2020

 

MD Tech Review: Top 10 Billing and Coding Pioneer for 2019

 

To assess the possibilities, please attend our webinar in which their CEO will explain how this can work for you.

 

Wednesday, December 2nd, 10am PST, Noon CST, 1pm EST

 

Please join me to learn more about this amazing revenue-enhancing service.  Just click on the link and register. In a brief 20 minutes, you’ll learn how this can add much needed income to your bottom line.


CLICK HERE TO REGISTER: https://attendee.gotowebinar.com/register/6171318384688196364

 

Sincerely yours,

 

David H. Levien, MD, MBA, FACS-Chairman of Board, President, and CEO