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When you work with STATpay, you receive decades of executive and
management experience in billing and practice operations.
In brief-- We Know How to Make Practices Fly.
See our credentials.
Faster, more efficient Office Operations:
We provide assistance & guidance in setting up, maintaining
and maximizing practice operational efficiencies.
HERE IS HOW WE DO WHAT WE DO
Faster, more efficient documentation
and charting (better evaluation and management coding):
As the single most profound opportunity for revenue
enhancement or insurance fraud, we provide chart audits for
coding accuracy and documentation completion and benchmark
results against national standards. We then provide provider
education/training and work with groups to design more efficient
charting that is complete and fast. After optimizing the charting
process, providers routinely save up to 5 minutes per patient
visit in chart time, which can translate into at least an
extra patient visit an hour.
Improvement in the Revenue Cycle (billing
and collecting):
We provide assistance & guidance in setting up, evaluating
and fixing processes that hinder prompt collection of revenues.
Improvement in Practice Automation and
Computer Systems (Computerization/Automation):
We work with groups on evaluating their current and future
computer system needs. This may include analyzing existing
systems, identifying weaknesses, and assisting in determination
of a short list of solutions suitable for a particular group.
Opportunities for improvements in other areas of automation
and consequent reduction of staff or provider work can be
reviewed or disaster recovery plans can be developed.
Improvement in Patient Flow through
Visit Redesign:
In a typical medical practice, productivity is typically low
because we have not noticed constraints building and adding
layer upon layer of new work that over time has left our process
inefficient. We will determine where the barriers are. We
analyze the barriers and provide solutions that reduce the
constraints. Patient volume increases of 20-50% per hour are
not uncommon.
Medical Group Computer System
Security Analysis:
Medical practices are woefully inadequate in securing their
computer systems. Putting a firewall on your network and adding
Anti-Virus software is not securing a network. We can analyze
a medical groups network vulnerabilities and list or provide
the technical solutions. We hear about financial institutions
security breaches because they monitor for intrusion detection
and regularly evaluate their system security. How would you
know if your system could be compromised?
Here are the approaches and goals
we commonly seek:
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