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Benefits And Use Of Medical Consulting by Cleo Gib





Benefits And Use Of Medical Consulting by
Article Posted: 03/28/2011
Article Views: 140
Articles Written: 12921
Word Count: 364
Article Votes: 0
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Benefits And Use Of Medical Consulting


 
Health
Many hospitals, health care facilities and physician groups occasionally need assistance from an outside firm to provide service for medical consulting in CT. These services may include staffing, locum tenens, revenue enhancement, operational and clinical improvement programs. The opportunities are numerous and there are many companies that can deliver excellent service and results. Regardless of the type of consulting services that are needed, there are different contract and payment agreement and return on investment models to choose from.

Sometimes the need arises from a period of poor financial or operational performance. In term of financial, there may be a significant drop in cash, increase in outstanding receivables and other issues that are negatively impacting the financial statements. A medical consulting firm can come in and address these concerns. They will perform a comprehensive review of the entire revenue cycle and perform payor and reimbursement audits.

The results may indicate the need to improve the current technology, increase or decrease staffing or even implement new processes and procedures. These ideas are typically generated from an entire organizational assessment and interviews with existing staff. This can give a really good picture of what is really going on.

Other medical consulting in CT may come in the form of staffing and locum tenen placement. Many hospitals and medical providers have a need for either additional professional staff or supplemental staff to help cover for extended medical leave, vacations or other gaps in coverage. Temporary and locum coverage will help to provide help in times of need like this.

Operational and revenue enhancement assignments can generate lost, missing or written off revenue that can be recovered and generated quite quickly and easily. These projects require input from many departments including finance, clinical, operations, administration and quality control. With the potential revenue and money that is on the line, input is critical and follow up from recommendations is paramount to the success of it.

Connecticut Medical Management provides services for medical consulting in CT. They are dedicated to helping small to medium sized physician practices set up electronic submissions, database, super bills, financial records, and reporting. (http://www.ctmedmgt.com)

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