FREE CODE & COST ANALYSIS

Assessing the Actual Cost of Your Billing Operations

Do you know the health of your medical practice business? Here's a great opportunity to get a free annual checkup for your practice. Take our 5-minute business survey and get two valuable in-depth codes and operational cost analysis reports at no charge! (click here and select "FREE Code & Cost Analysis")

 

Our reports are designed to help make practices aware of possible billing problems they are experiencing with rejected or delayed claims due to improper coding and/or inaccurate claims processing.

 

Billing Cost Analysis Reports:

Find out the cost of in-house billing versus the cost of outsourcing. Two reports can be presented to you:
 

  • Comprehensive Practice Analysis report, demonstrating the actual cost of the entire in-house billing operations

  • Claims-only Analysis report, comparing the clinic's in-house billing cost to the cost of your service based on claims only

 

Our analysis takes into consideration a combination of the various direct and indirect costs incurred in processing claims in-house, such as:
 

  • Labor Costs including benefits

  • Postage, Claim Forms, and Envelope Costs

  • Error Rate

  • Administrative and Billing Costs

  • Rental Overhead

  • Time Value of Money

  • Systems Upgrades & Maintenance

 

Code Analysis Report:
We can perform three types of code review analysis:
 

  • Medical code review

  • Dental code review

  • Combined medical and dental code review

 

Our code analysis takes into consideration the following elements:
 

  • CPT and CDT codes currently used by the practice

  • Average Revenue per Code

  • Average Frequency of Code Usage

 

We'll present you with a report detailing the status of each analyzed code and a summary of findings, including any potential loss of revenue. (click here and select "FREE Code & Cost Analysis")
 

MedSteward | Free Code and Cost Analysis
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