Looking ahead to 2009

Make 2009 your best year. Maximize per-visit revenue, minimize staffing costs, and gain full control over your receivables with a quick phone call to PMC. By getting an early start on the year we can have your account ready in time for deductible season. Also, our automated eligibility verification system quickly alerts your administrative staff of patient coverage termination before the scheduled appointment.. *Sign up by January 1st and get patient insurance benefits verification and non-clinical authorizations included.*

*Not all insurance carriers participate in automated eligibility verification. For a list click here.

FOR IMMEDIATE RELEASE:

Practice Management Consultants, LLC (PMC) announces two day mental health billing reimbursement turnaround

Westlake, OH, March 29, 2008 Practice Management Consultants, LLC (PMC), the premier mental health billing company, proudly announces the fastest insurance payment in their history - from mental health therapy session to insurance payment in two days. This payment represents a strong postive trend within PMC of high claim acceptance, few denials, and faster mental health reimbursement due in part to a state-of-the-art online practice management system. In addition to the financial benefits, the PMC system also offers an online scheduler, online charge slips, and 24 hour access to all patient data. However, the true secret to PMC's success lies with the knowledgeable client support representatives whose dilligent work continues to push the financial boundries of PMC member private practices and facilities to new heights. For more information please contact Mark Gallegos, Managing Consultant at 866.779.2455.

1 Jan 2008 - Make 2008 the year your practice/facility meets or exceeds financial goals

Profitability doesn’t have to be a myth. Why not make 2008 the year you get organized and get paid? The most important item to remember when re-organizing your practice is to not do to too much too soon. Start simple by making sure your client demographics are adequate and up-to-date.  The cornerstone of any well functioning billing plan is accurate and reliable information. Checking your current demographic facesheet against a CMS-1500 (formerly HCFA) for key fields can be a real eye opener to facesheet shortcomings. Also, make sure to get new copies of insurance cards for clients. Insurance plans may change even though the client’s employer is staying with the same insurance company. This can mean new claim addresses, provider contact phone numbers, and even new third party administrators or gatekeepers. Lastly, make sure to submit claim forms as quickly after the date of service as possible. This ensures that your money will be in process rather than just sitting collecting dust. If you would like some additional tips or if you would like to hear about some of the services PMC offers such as daily online charge billing, insurance follow-up, or insurance verification please call me directly on my cell phone at 866.779.2455.

Cordially,

Mark Gallegos
Managing Consultant

Undercoding costs providers billions

According to a study commissioned by the American Association of Professional Coders over $20,000,000,000 is lost annually by providers to undercoding. How much is it costing your practice? There are various ways to find out including expensive computer programs, cumbersome books, or even hiring a coding expert. Another solution is to take advantage of the complimentary CPT coding analysis provided by PMC to ensure that our new clients are being paid commensurate to the services performed.