How Well Did Your Practice Perform in 2024?
As healthcare evolves, financial stability is more challenging than ever. Now is the perfect time to assess your practice’s financial health for a stronger 2025.
The Impact of Billing Inefficiencies
- $125B lost annually due to billing errors.
- 70% of denials could be prevented with better management.
- 80% of practices fail to follow up on denied claims effectively.
Key Questions for Your Practice
✔ Are billing inefficiencies costing you revenue?
✔ Do you have a denial management strategy?
✔ Are claims followed up and resolved promptly?
✔ How confident are you in your financial processes?
Assess Your Practice’s Financial Health
Revenue & Lost Income – Have you met targets, or is money slipping through the cracks?
Adjustments & Fee Schedules – Are they accurate and aligned with payer contracts?
Billing & Reimbursement – Are claims filed on time and paid at the correct rates?
Patient Collections & Cash Flow – Are outstanding balances managed effectively?
Denied Claims & Aging Reports – Are denials appealed, and AR monitored regularly?
Why an Audit Matters
If you’re unsure about any of these, you’re not alone. ABC can help with:
✅ Identifying revenue leakage and underpayments
✅ Analyzing payer compliance and performance
✅ Optimizing billing and coding for maximum reimbursement
✅ Providing actionable solutions to boost revenue
Call Apple Billing and Credentialing at 833 368 7772 today to schedule your audit!