Physician practice acquisitions and system conversions present significant financial risks to the physcian billing process, but also present opportunities for your organization.
When it comes to effective billing and recovery, workflow lags or breakdowns are among any healthcare organization’s biggest challenges—especially when acquiring new practices or converting to a new billing system. With an industry average 75 days or more in accounts receivable, it’s easy to see why so many organizations are looking for help in this area.
Drawing on our 25 years of experience, SPi Healthcare can provide you with a full range of physician billing services that allow you to systematically work down, recover and follow up with accounts receivable items that are taking too long to be paid or reimbursed. SPi Healthcare not only improves collections, but also speeds up the flow of cash. This helps remove the day-to-day financial pressures by making cash more readily available.