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 Utah, including Salt Lake City and West Valley City. Precision can also support medical practices anywhere in the state of Utah, including small towns.
|
|
|
|
No matter where your medical practice is located, whether in a major metropolitan area like Salt Lake City or a smaller market like Draper, Precision Practice Management can provide the revenue cycle support you need.
Utah is expected to experience a 24% increase in population since 2010, positioning the state among the top 12 fastest growing in the United States. Utah held the position of being the fastest-growing state in the nation from 2010 to 2023, primarily due to a surge in migration from other states. This population growth results in a birth rate surge, making it important for medical practices to allocate more time to patient care rather than facing with the challenges of medical billing.
In response to these challenges, numerous healthcare practices in Utah have placed their trust in Precision Practice Management for their medical billing and revenue cycle management needs. Choosing for Precision brings about advantages such as enhanced clinical consulting, an organized process for patient balance handling, and the provision of personalized financial reports. These services play an essential role in optimizing revenue cycle processes and workflow for medical practices across the state.
Optimizing revenue cycle management is always a matter of managing many items that collectively produce a measurable improvement in profitability. These may include 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. All of this facilitates better financial and clinical management decisions and contributes to profitability.
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 Utah 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 Utah providers cover hospitals, group practices, and individual providers.
The Quality Payment Program consists of two tracks: Advanced Alternative Payment Models (APMs) and the Merit-based Incentive Payment System (MIPS). Most medical practitioners will be subject to MIPS, though not hospitals or facilities. MIPS has four major provisions: Eligibility, Performance Categories and Scoring, Data Submission, and Performance Period and Payment Adjustments. Precision Practice Management can help ensure that your practice is in full compliance. Read more about MIPS here.
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 West Jordan, Provo, St. George or even a small town, our technical support team is here for your medical practice 24 hours a day, 7 days a week.
"Our 8-provider pediatric practice is extremely busy and must be well organized in order to function at its best. Precision has been providing medical billing and practice management software and tech support to our practice from the very beginning and has greatly supported the growth of our practice over time. The monthly meetings they have with the doctors are extremely helpful in identifying opportunities for improvement and keeping us well-informed about issues affecting the business side of our practice. I would very much recommend Precision to other primary care physicians."
