Business Office Workflow Development
Practice Wise specializes in developing financial management policies and
procedures for healthcare providers who want to streamline their business office
workflow, improve their profitability and most importantly increase patient
satisfaction. We will help you develop a comprehensive set of policies by
guiding you through a step-by-step process on how to:
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Streamline your front office patient receipt collection; charge entry, and
accounts receivable management.
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Simplify patient account follow-up for pending and denied claims, remittance
advice audits, insurance and patient billing, and patient collections.
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Balance daily payment entry to daily bank deposits,
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Balance charges, payments, adjustments and refunds to your PM and accounting
systems.
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Use the basics of practice financial analysis and reporting to increase revenue
With the knowledge you gain from us you will be able to analyze your revenue
flow, know where your money is, and make the workflow adjustments necessary to
maintain maximum profitability.
