Revenue Cycle

At PHMG, we recognize the importance of outsourcing to medical billing companies. We realize that what matters to physicians in using outside services is to receive timely and accurate billing processes that maximize your reimbursement opportunities. Our comprehensive billing services have been streamlined to minimize costs while maximizing outputs.

More importantly, we maintain a focus on patients... ensuring that every encounter provides them with top-quality customer service and accurate information about their accounts. PHMG's end-to-end Revenue Cycle services include:

• Practice management billing
• Patient encounter/charge reconciliation
• Electronic document imaging
• Coding
• Demographic information management
• Charge preparation
• A/R resolution
• Insurance denial follow-up
• Payment posting / account reconciliation
• Extensive web-based data reporting
• Business analytics
• Ongoing evaluations for business process improvement
• HIPAA-compliant security and disaster recovery
• Toll-free "800" number for patient inquiries
• Outstanding customer service and support

PHMG's electronic medical billing service client results:

• Average A/R days in mid-30's
• Denial rates less than 7%
• Increased payment per RVU (relative value unit)
• Increased revenue and savings exceed service costs