Practice Management Consulting
- practice
management
consulting
- medical
billing
services
- interim
leadership
services
 

 

PO Box 3196
Baltimore, MD
21228

410-788-9715 ph.
336-868-9701 fax


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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:

  • Practice Technology Assessment
  • Strategic Planning for and implementation of electronic health records
  • Radical Patient Flow Improvement through Patient Tracking
  • Simplify Scheduling
  • Create or Improve clinical guideline adherence
  • Streamline Registration
  • Improve Cash Collection Process
  • Improve Co-Pay Collection
  • Radically Increase Patient Flow
  • Improve Staffing Ratios
  • Perform Time-Motion Studies of Staff, Providers and Patients
  • Reduce Lost Staff and Provider Productivity through Tracking Paper Flow
  • Chart Redesign to Reduce Documentation Requirements
  • Identification of Patient Flow
    Barriers
  • HIPAA Gap Analysis (where are you at risk)
  • Improvement of  the Patient Experience
  • Speed Check Out Process
  • Evaluate Lab/Rad Results Reporting Process
  • Evaluate E-Script opportunities
  • Improve Billing Processes
  • Maximize Recalls
  • Evaluation Through Use of a Mystery Patient
  • Patient Satisfaction Survey Implementation
  • Benchmark Productivity and Expenses
  • Review of Computer System Capabilities
  • Staffing Pattern review
  • Implementation of Simplified Scheduling 
  • Check In Improvement
  • Speed Registration
  • Improve Cash Collection
  • Charting Review

  • Coding Comparison to Peers
  • Improve Charge Entry
  • Speed Claim Submission
  • Improve Claim Follow Up
  • Improve Statement Production
  • Improve Collections Work
  • Maximize Success of Collection Agencies
  • Evaluation of Staff Competency
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