Precision Practice Management provides a full range of revenue cycle solutions, medical coding and charge coding, credentialing, and technical support to medical practices in major metropolitan areas in Delaware, including Wilmington, Dover, and Newark. With our remote service capabilities, we also support medical practices anywhere in the state of Delaware.
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No matter where your medical practice is located, whether in a major city like Dover or a rural Delaware town, Precision Practice Management can provide the revenue cycle support you need.
The population of Delaware is projected to increase 9% over the next two decades, with the current demographic revealing that over 20% are aged 65 and above. Projections indicate a possible decline in healthcare workers during this period. Ensuring healthcare professionals can dedicate their focus to patients rather than facing additional concerns becomes crucial.
Precision offers comprehensive solutions, including high-level clinical consulting, patient balance processing, and tailored financial reports. These services aim to streamline revenue cycle processes and optimize workflow. Our skillful team has extensive expertise, staying well-informed of regulatory changes on a state-by-state basis. We address the details of billing, coding, compliance, and other critical facets, facilitating the efficient management of your practice.
Optimizing revenue cycle management is always a matter of managing many smaller but very important items that collectively produce a measurable improvement in profitability. Educating providers on coding changes, recommending changes to EHR software templates, developing software system interfaces that eliminate redundant data entry, enhancing patient statement and delinquency letter protocols, establishing collection agency and patient refund protocols, monitoring and updating fee schedules, and providing more effective and timely reporting so as to allow for better financial and clinical management decisions, all improve profitability – and this is only a partial list of the subject matter addressed by Precision in optimizing revenue cycle processes and workflow.
Precision’s revenue cycle services are comprehensive in nature, and our work often starts with supporting our client’s clinical objectives. Precision has implemented electronic health record systems for clients for many years and has the full clinical and technical expertise and capability to do so efficiently and effectively. We provide technical assessments, system customization, ongoing technical support, and training services for a range of electronic health record systems.
Precision offers a variety of coding and auditing services to assist Delaware medical providers with documentation of professional services. PPM Coding services are provided by expert staff who carefully review documentation to ensure that accurate codes are billed.
Precision has a dedicated credentialing department, with significant experience in credentialing, focused on making sure that this all-important but often overlooked requirement is properly and timely managed. Our medical practice credentialing services for Houston and Delaware providers cover hospitals, group practices, and individual providers.
We understand how important it is to have timely support and top-notch expertise available when and where you need it. Whether you are located in Newark, Bear, Wilmington, or even a small town, our technical support team is here for your medical practice 24 hours a day, 7 days a week.
"Precision Practice Management provides comprehensive revenue cycle management support for 42 hospital departments and medical practices at St. Luke’s, including our Emergency and Urgent Care facilities. And they do so on two software platforms, Vitera (Medical Manager) and eClinical Works (ECW). Precision’s services have been tailored to complement the specific needs of each of our practices and departments, interfacing with St. Luke’s staff in a highly effective manner. Precision also satisfies the hospital’s unique financial reporting requirements. No matter what the challenge, Precision has always come through for us."
