Services Are You Getting the Best Return Your Practice Can Provide? MSOC provides a wide range of services to assist the private
medical practice. For a comprehensive overview
of our CAPABILITIES, please click here: DOWNLOAD.
Electronic Health Record
MSOC has teamed up our Practice Management (PM) system with EMR vendors to
provide a seamless
approach for capturing clinical data and billing data. For many MSOC
clients, the EMR and/or the EMR
interface is included in the basic package of outsourced billing. MSOC
is able to do this by passing the
efficiencies that are captured in our process and passing them on to the clients. This
is the true definition
of value-added services.
For start up practices and potential clients that do not have an EMR, MSOC
has developed a very cost effective
solution for implementing a “paperless” office. Contact our
office today to find out how your practice can
benefit. Outsourced Billing
Billing services are centralized in Chapel Hill, NC and are designed to meet
the needs of each client. During
the initial set-up, each client is directly involved in the development
of the process, including form design,
database management, and policy determination.
One of MSOC’s goals is to streamline the reimbursement process for every
client. The achievement of this
goal is accomplished through rapid turnaround time of claim submission. Attempting
to consistently beat
industry benchmarks for days in A/R and Net Collection Percentages have been
critical success factors for
attaining this goal.
Each client receives a quarterly practice analysis detailing charges, payments,
and adjustments by payor.
Management statistics such as payment per Relative Value Unit (RVU), charge
per RVU, days in AR, collection
percentages and lagged collection percentages are also included, as well
as productivity by physician based
on various denominators such as RVU’s, charges, procedures and payments.
Healthcare Consulting Services
Services that MSOC is able to provide include strategic planning, fee analysis,
registration process
improvements, billing process improvements, managed care contract review and/or
negotiations, information
system review, management analysis (i.e. collections, Accounts Receivables
review), compliance plan
development and implementation, and development of human resource strategies.
Management services provided to clients
include:
+ Strategic planning
+ Joint ventures
+ Practice start up
+ Managed care contract review and/or negotiations
+ Management analysis (collections, Accounts Receivables review)
+ Compliance plan development and implementation
+ Registration and billing process improvements
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