Physical Therapists Integrate Billing and Scheduling Systems to Win the Reimbursement Battle – New Solution Increases Collections, Improves Compliance, and Cuts Costs
2008 Amy Griffin, MSPT Physical Therapists Integrate Billing and Scheduling Systems to Win the Reimbursement Battle – New Solution Increases Collections, Improves Compliance, and Cuts Costs BELLMORE, NY (PRWEB) JULY 11, 2008 Billing Dynamix, a physical therapy billing service network and Spectrasoft, maker of AppointmentsPRO™ and Appointments Anywhere™ products, are teaming up to provide a completely integrated best-of-breed Practice Management Solution specialized for Physical Therapy and Rehab Practice. The integration of Spectrasoft’s industry leading scheduling software and Billing Dynamix’s web-based reimbursement management platform and outsourced billing service provide an end-to-end solution that covers the entire patient encounter life-cycle from appointment scheduling to documentation to claim reimbursement. “Physical therapy clinic owners who use electronic practice management products for scheduling, documentation and billing often struggle with the limited availability of full-scope but mediocre products on one hand and excellent but single-function stand-alone systems on the other hand,” says Amy Griffin, MSPT, President of EQUILIBRIUM Balance Performance Center specializing in Vestibular Rehab based in Ventura, California. “I now use an integrated best-of-breed product combining SpectraSoft and Billing Dynamix to help me increase revenue, reduce costs and free my staff to spend more time on patient care.” The combined service is easy to implement for any size practice. Patient demographics are entered first in SpectraSoft’s AppointmentsPRO™ or Appointments Everywhere™ scheduling systems and transmitted automatically to Billing Dynamix at regular intervals via a secure connection. A closed loop between billing and scheduling ensures that every scheduled appointment is reviewed and billed correctly – nothing falls through the cracks – while centralized monitoring discovers delays and underpayments and tracks every follow up action and its results, continuously leveraging cumulative billing experience across hundreds of clinics nationwide. “Clients regularly see their monthly collections increase while reducing their audit exposure using disciplined documentation,” says Dr. Yuval Lirov, author of “Practicing Profitability – Billing Network Effect,” inventor of multiple patents in artificial intelligence and computer security, and partner of Billing Dynamix. “Additionally, the practice owner using an integrated Billing Dynamix and SpectraSoft solution entirely avoids risks of implementation failure.” “Clinic owners need innovative solutions to overcome shrinking reimbursements and rising costs,” continues Steve Petrie, CEO of SpectraSoft, “This integrated process between Spectrasoft and Billing Dynamix closes the workflow loop of patient intake, scheduling, treatment and billing, so that nothing falls through the cracks and practice owners can enhance their revenue significantly.” “Along with their client-first friendly customer service, I have been able to focus on managing my practice and more importantly – on the patients at EQUILIBRIUM,” concludes Griffin. About SpectraSoft For 15 years, SpectraSoft has simplified rehab practice management with innovative scheduling, documentation,billing and analytics solutions. SpectraSoft’s flagship system, Appointments PRO, powers nearly 4,000 facilities nationwide. SpectraSoft develops and supports all of its products from its headquarters in Tempe, AZ. You can find out more at spectrasoft.com. About Billing Dynamix Billing Dynamix unites hundreds of physical therapy and rehab billing systems nationwide on a single system. By consolidating operations, Billing Dynamix tracks payer performance from a single point of control, shares payer compliance rules globally, and continuously matches its physical therapy and rehabilitation billing rules to evolving payer’s environment. Every provider on the network can view in real-time, the status of every single claim in process24 hours a day, 7 days a week. You can find out more at billingdynamix.com. About EQUILIBRIUM Balance Performance Center, Physical Therapy and Pilates EQUILIBRIUM Balance Performance Center helps you stay on your feet. EQUILIBRIUM is an outpatient neurological rehabilitation clinic that specializes in the treatment of vertigo, dizziness, imbalance, and other mobility impairments using state of the art Vestibular Rehabilitation Therapy as seen on KABC Los Angeles( http://abclocal.go.com/kabc/story?section=news/health&id=5896161). You can find out more about EQUILIBRIUM Balance Performance Center, Physical Therapy at equilibrium-bpc.com or contact Amy Griffin MSPT at (805) 339-9718.
Integrated Practice Management System and Outsourced Billing Service to be Showcased by Billing Dynamix at APTA Private Practice Section Conference in Orlando
2008 Elizabeth Finch, PT Integrated Practice Management System and Outsourced Billing Service to be Showcased by Billing Dynamix at APTA Private Practice Section Conference in Orlando “Rising costs of doing business is making it difficult to maintain a productive, efficient business. As a practice owner, I spend a large part of my day fighting insurance companies and underpayments. With the higher cost of doing business and spending more time fighting to get paid, I have less time to treat patients and manage my practice.” says Elizabeth Finch, Physical Therapist and Co-Owner of G&E Therapies, who is tired of experiencing underpaid or delayed claims and losing valuable time and efficiency in the clinic. “Continuous corporate consolidation has given the payers the resources and the opportunities to “stack the cards” against the providers. A practice management system like Billing Dynamix provides an essential partnership to both help manage my practice and collect insurance claims. Billing Dynamix gives me the power and resources to level the playing field and get paid.” Billing Dynamix will demonstrate a fully integrated Practice Management System (Scheduling, Documentation) and Outsourced Billing service that improves profitability, productivity while enhancing practice compliance. The PPS Annual Conference will be held November 5th through 8th at the Loews Royal Pacific in Orlando (booth 619). The live demonstration will cover all aspects of the patient encounter from scheduling to quick and easy documentation of the treatment to full claim resolution. “Billing Dynamix unites hundreds of providers nationwide on a single service network,” says Dave Macolino, President of Billing Dynamix. “By consolidating billing operations, Billing Dynamix levels the playing field with the payers. Its growing, centralized billing knowledge base, consistent and scalable processes, and shared comprehensive internet-based technology platform become a powerful virtual extension of the physical therapy practice. It gives the practice owners unprecedented control over practice workflow, office productivity, and claims processing in a completely transparent fashion 24 hours a day, 7 days a week.” About Billing Dynamix – “Hands-On Profitability” Billing Dynamix, LLC, is a national Third Party Billing Service, headquartered in Bellmore, New York. Billing Dynamix tracks payer performance from a single point of control, shares payer compliance rules globally, and continuously matches its billing rules to evolving payer’s environment. It guarantees improved physical therapy and rehab practice profitability and 100% transparency throughout the billing process. The service leverages comprehensive practice workflow technology, integrating patient scheduling, patient documentation (SOAP notes), compliance management, and billing.
Physical Therapists Cover All Bases to Win the Reimbursement Battle and Increase their Patient Visits in the New Year
2010 Dr. Lisa J. Allen, DPT Physical Therapists Cover All Bases to Win the Reimbursement Battle and Increase their Patient Visits in the New Year BELLMORE, NY (PRWEB) NOVEMBER 5, 2010 Measurable Solutions, a management training and consulting company, and, Billing Dynamix a physical therapy billing service network, are joining forces to provide practice owners with needed tools to improve their reimbursements and expand their practices. “I hired my second PT in 3 months! My third PT after 7 months! I am still hiring and growing. I love how my own personal economy is indifferent to whatever else is occurring!” says Dr. Lisa J. Allen, PT, owner of BioMechanic Physical Therapy in Leesburg VA, and a client of Measurable Solutions. “We invited Measurable Solutions, a management training and consulting company, to teach our growing network of practice owners the needed tools to expand their practices in a turbulent economic environment,” says David Macolino, President of Billing Dynamix, a platform for physical therapy practice management, documentation, and billing. “The first most important aspect of managing your own practice is to maximize all activities that generate revenue and minimize the time you have to spend on any activities that cost you resources or time,” says Shaun Kirk, physical therapist and President of Measurable Solutions. “So that means that if more people knew about how good you are at what you do, then your practice expands. But if you spend lots of time documenting your visits or following up on billing instead of marketing or caring for your patients, then your practice will stagnate and you will drive yourself sick working too hard for too little.” “Healthcare cost reduction will continue to be the mantra of our economy,” says David Macolino. “But we want our clients to continue to grow their profitability. So our answer to declining reimbursements and increasing regulatory scrutiny is patient growth and office management automation. Measurable Solutions helps build thriving practices by turning clinicians into effective executives.” “We discovered that Billing Dynamix is especially effective in reducing practice administration costs and increasing its revenue. It’s unique all-in-one automated solution covers every aspect of profitable practice management from patient loyalty management, to rapid and compliant documentation, and to disciplined, 100% transparent, and accountable billing,” concludes Shaun Kirk. About Measurable Solutions ( http://www.measurable-solutions.com ) Measurable Solutions trains private practitioners to become executives in their practice. The primary focus is on applying an effective public relations and marketing program that increases patient volume. Their simple step-by-step program called the New Patient Course has helped nearly 2000 private practices expand without the owner having to leave the office and visit physicians. It works for the big and the small practices alike. About Billing Dynamix ( http://www.billingdynamix.com ) Billing Dynamix unites hundreds of physical therapy and rehab billing systems nationwide on a single system. By consolidating operations, Billing Dynamix tracks payer performance from a single point of control, shares payer compliance rules globally, and continuously matches its physical therapy and rehabilitation billing rules to evolving payer’s environment. Every provider on the network can view in real-time, the status of every single claim in process 24 hours a day, 7 days a week. You can find out more at billingdynamix.com.
Billing Precision Offers Online Practice Management Solution
2011 Dr. Brian Capra, DC Billing Precision Offers Online Practice Management Solution (Press Release) October 24, 2011 – Dr. Brian Capra developed the online software and service Billing Precision in order to provide a complete solution to the various management challenges that often occupy a chiropractor’s office, making it difficult for the practice to function efficiently and turn a healthy profit. His extensive experience as a chiropractor made it easy for him to identify the numerous challenges related to effectively delivering healthcare and to develop solutions. “Too often a chiropractor spends too much time chasing lost profits or trying to deal with insurance companies rather than attending to their patients and the growth of their practice,” says Dr. Capra. “Billing Precision was developed from various frustrations and problems that first plagued me when I started my practice. It was fairly apparent very quickly that no one was offering solutions. There were simply fill-in-the-blank programs for scheduling and inadequate resources for effective management.” With various challenges in front of him, Dr. Capra helped to develop groundbreaking web-based software that would become Billing Precision. Now his company offers a program that has a solid foundation and yet is also easily adaptable. Each and every part of practice management is addressed through Billing Precision, including all aspects of patient scheduling and billing; insurance compliance, submissions and payments and statistics related to the effective performance of the chiropractor’s office. Dr. Capra observes, “We’re focused on providing solutions right now, that’s true; but Billing Precision is also devoted to making sure our chiropractic billing software is also focused on compliance issues.” Also, he adds, “We’re constantly looking towards the future in order to make sure that as the industry changes we change with it too. That’s what makes us so valuable-our approach is about both the here and now and the future.” With the constantly changing landscape of healthcare and various forces shaping it, a web-based program that keeps track of developments and incorporates them is essential for any practitioner who wants to stay current. That foresight is what has helped establish Billing Precision as the solution for the management needs of the chiropractic industry. Right now you’re on the website of the product that Billing Precision developed… Genesis Chiropractic Software.
