billingpodcast

We start this week's podcast with gratitude - thank you for joining us on our podcast every week! On today’s episode, Brian reminds his audience that now is truly the time to reassess what is going on in your practice. Let’s create on the future by diving into a crucial division of your company, your Billing! You’ll be amazed how much can change once you get your Billing in order… tune in to find out!

Episode at a glance:

• Surround yourself with people who add value 
• A coach brings out the best in you 
• Run your organization with SOP’s (Standard Operating Procedures) 
• Have an OUTSIDE group do a Billing Assessment 
• Have the statistics reported to you monthly 
• Take a closer look at your EMR (has certain functions it MUST be capable of)

On this podcast, Brian dives into what is needed from a physical therapist’s perspective for a very important division - Billing & Collections. He explores the benefits of going with a smaller PT billing group, and how to get to the bottom of the problems you could face in your billing - as PTs weren’t trained to do this! In order to have the best billing service, and the best practice, you need to take responsibility and be “at Cause” over your billing. 

Episode at a glance:

• Inspect your finance line at least twice a year
• Monthly staff meetings with Finance Dept. is key
• We operate this department with a high level of communication
• Don’t ever let one person be accountable for everything in this department
• If you’re paying 9%, you’re paying too much
• Do not fix other people’s errors - send them back to the person who made it for them to fix

Let’s face it for many of us the financial area of our practice is not often our strong suit. This is why I say billing and bookkeeping services should be outsourced into the hands of those who are experts in the field of bookkeeping and billing. Take away from this episode some tips on what to look for when seeking that bookkeeping support.