YOUR ONE STOP SHOP FOR ALL ADVISING NEEDS.
We are well into our second decade of providing management and revenue cycle services exclusively to ASCs. MedBridge breaks the mold by offering a full line of services for all of your ASC or physicians practice advising needs. With the movements and transitions that are constantly occurring in the medical industry its easy to fall short of your potential when focusing on the clinical end. This is why MedBridge steps in to assess, consult, and apply expert knowledge to ensure your ASC or physician practice business is a success!
REVENUE CYCLE AUDIT
Best Collections Practices
Inefficient and ineffective collections can impair your ability to hold payers accountable to the money you are due. We can examine your cases for deficiencies in collection habits, where your time and energy could be better spent, what methods are being used to ensure balances aren’t just sent for “write-off” or “bad debt.”
Using our knowledge of outpatient specialties, we will:
- Review your payments according to contract provisions and industry standards
- Identify areas you may be leaving money on the table
- Ensure payers aren’t getting away with underpayments
Thorough Accurate Coding
MedBridge will review your coding and documentation against industry standards and payer specific rules. Our goal is always to ensure compliant, accurate reporting of services while maximizing reportable and reimbursable services by payer.
MedBridge provides detailed reports showing where your practice stands compared to industry standards and payer specific rules so you can determine the accuracy of your coders. Through this analysis MedBridge helps lower your risk for payer audit and ensures accurate billing for every dollar due!
As with any investment, ASC Partnership should be undertaken with caution and proper guidance. Just as a financial planner advises your portfolio, or certified public accountant provides tax advice, MedBridge provides ASC Partnership Advising to maximize and protect your ASC investment. Whether you are looking to invest into an ASC, or are currently a partner, our expertise can help ensure you are getting the most our of your partnership.
MedBridge will evaluate your center or practice’s current financial state by reviewing the general ledger and evaluating the current bookkeeping methods. MedBridge will then determine areas of improvement and implement bookkeeping best practices. A review of the balance sheets and income statements will also occur.
Business Office Operational Assessment
MedBridge will assess the current accounts payable, pre-operative and scheduling procedures and implement new procedures in order to get the most profitable cases on the schedule. MedBridge will also review the offices current medical records filing system to ensure max efficiency.
MedBridge will conduct interviews with partners and key managers, review job descriptions for all personnel, evaluate employee files and analyze compensation profiles and benefits package. After a thorough audit, MedBridge will implement staff development and training measures as well as recruitment, hiring and separation best practices.
MedBridge will review your agreements against your reimbursement history to bring you the whole picture of where your contracted reimbursement stands. We can negotiate new and existing agreements for your facility, review a contract offer if you are out-of-network and reduce the time you would spend attempting to negotiate a deal yourself.
Clinical Review/ Accreditation Prep
MedBridge clinical operations staff will consult on all regulatory requirements and provide a thorough review of all licensing, credentialing and life and safety issues for the facility. MedBridge can oversee/provide guidance for medicare certification and/or help facilitate accreditation surveys (preparation for/or day of management available).
MedBridge will consult on site selection or facility improvements, architect and consultant coordination, design and construction management, OSHPD and other regulatory requirement reviews and equipment selection and procurement.
Online Reputation Management
The cost of a bad online reputation is staggering. MedBridge offers online reputation management for your ASC, and is committed to bolstering your ASC both in and out of the operating room. Our tech-savvy online management team will assess and review your online presence, implement a strategic growth plan, and continuously monitor and manage your online activity to ensure you are controlling your reputation and getting patients to say yes to your ASC.