We help private practice owners make MORE money.
Discover the Financial Health of your Practice.
What is
REVENUE CYCLE MANAGEMENT?
“All administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.”
In other words, it is a term that includes the entire life of a patient account from creation to payment like links in a chain.
Just one small kink in the chain can throw off your Revenue Cycle and generally wreak havoc. Having interconnected billing functions with feedback loops (back end to front end) improves revenue because it creates time efficiencies, aids communication, and creates a more error free workflow.
Why choose PhysicalTherapyBilling.com?
Revenue Cycle processes flow into and affect one another. When processes are executed correctly, the cycle performs predictably. However, problems early in the cycle can have significant ripple effects. The further an error travels through the revenue cycle, the more costly revenue recovery becomes.
How do we help our customers avoid these errors and put their minds at ease?
Improve Communications/Accountability
Weekly Meetings
Timely Email Support
Monthly Reconciliation Call
Avoid Rollercoaster Cashflow
25 Point Pre-Bill Review
Feedback Loops
Revenue Cycle Management
Our Platform
Built by PT Clinic Owners
We increase customers payment per visit by specializing in PT Billing only.
Boosting Profits
Improved billing efficiencies translate directly to the bottom line.
Transparency
Recurring weekly and monthly calls
Reporting
Monthly KPI’s and Financial Metrics
PhysicalTherapyBilling.com works with the following systems:
We only charge you for insurance collections
Insurance billing and collections has many in’s and out’s. It’s always changing and it never seems to be the same between payors. We are the experts in this area and that’s what allows you to focus on the rest of your business.
Patient collections is not a complicated process. We can show you best practices to make your staff “Hall of Fame” over the counter collections agents.
Think about it… When your patient comes to the front desk to check in, your staff collects co pays/co-ins’s. Why should your billing company take a piece of that action? They didn’t actually collect it for you.
| Model | Yearly Collections | Yearly Service Fee | % | Our Model You Save | Our Model You Pay |
|---|---|---|---|---|---|
| Traditional Model | $800,000.00 | $48,000.00 | 6% | ||
| Our Model 80% Insurance | $640,000 | $38,400 | 6% | $9,600.00 | 4.8% |
| Model | Yearly Collections | Yearly Service Fee | % |
|---|---|---|---|
| Traditional Model | $800,000.00 | $48,000.00 | 6% |
| Our Model 80% Insurance | $640,000 | $38,400 | 6% |
| Our Model You Save: | $9,600.00 | ||
| Our Model You Pay: | 4.8% | ||
Join the Hundreds of Providers
Growing Their Practice with PhysicalTherapyBilling.com
142+
Physical Therapist Providers
41
Practice Locations
256,473
Visits in 2021
What has improved
since becoming a customer of PTB.com?
Efficient Communication
Save time to market your practice
No more leaving money on the table
