Higher Collections Per Claim in 2021
You have done an AMAZING job restoring your recovery to full treatment levels.
Are you expecting to increase collections per claim this year?
During Systems4PT’s 2020 year-end customer webinars, every practice owner received a spreadsheet analysis of their clinic’s economics. We then reviewed a step-by-step plan that laid out each practice’s unique roadmap to higher collections per claim in 2021.
What’s so exciting about this collaborative effort is:
- Systems4PT practices already collect 10% to 13% more per claim than they did using their prior EMR/billing (We measure before and after each installation). MIPS helps a lot. 74% of our practices achieved a 100-point MIPS score. This reduced offsets the Medicare payment cuts to .05%. Their Medicare pay cut is not 9%, not 3.6%, it is ½ of 1%. The customized strategies cost nothing. They do not require working longer hours or buying add-on gimmicks It is important that we all stay optimistic, continue to plan for success, and expect to achieve it! This is how your practice will thrive in the future:
- Finding opportunities in your practice-specific data
- Creating a plan to make those opportunities a reality
- Leveraging technology (without paying a penny more) to achieve superior results with less work
- And then frequently measuring success
- The old cliché is true: What gets measured, gets better
You can do the same. Without spending a penny, you can increase collections in 2021.
Systems4PT delivers:
- Twice the EMR compliance, documented in half the time
- 10% to 13% higher collections pre-claim vs. our practices’ prior approach to billing
- With no start-up fees and 35% lower monthly cost than you pay for EMR & billing
Your EMR promises to help therapists achieve greatness. Has it kept its promise? Systems4PT delivers the improvements you’re looking for.