Diagnostic Assessment
Diagnosing your practice not only offers an opportunity for financial improvements but also allows for operational enhancements which will ultimately improve the bottom-line of your practice.
Benchmarking
Measuring your business performance is just the first step to discovering how you compare with other practices of similar size and type. Our team will gauge the internal and external standards that impact your practice. Based upon our findings, we will objectively provide you with reliable information and consult with you on ways to improve processes.
Operational Review & Practice Solutions
The ebb and flow of our economic environment can affect the productivity and cash flow of your practice either positively or negatively. One factor in weathering the financial storm is dependent on how well your organization is functioning internally. We will critique the patient flow, time management and scheduling of your practice and provide a report which you can use as a tool to make necessary adjustments.
Revenue Cycle Evaluation and Financial Performance Solutions
Among the benefits of ownership is financial freedom. Personal time is precious and ownership can allow more control to balance priorities. We will look at your processes and make recommendations to increase cash flow.
Medicare/Medicaid Review
Your practice is unique. That's why cookie-cutter contracts overlook the distinction of your particular practice and its needs. Dental Medical Economics can assist in negotiations to obtain favorable terms for your practice.
Coding and Compliance Analysis
Improper coding can result in lost practice revenue. Accurate coding produces fewer denials and cleaner claims. Our analysis can determine if your staff is correctly coding and keeping within compliance guidelines.
HIPAA Compliance Review
With no formalized HIPAA compliance procedures in place, steep penalties could be incurred. Proper procedures must not only be implemented but also adhered to in order to protect your patients, staff and practice.