The Top 15 Financial Management Policies and Procedures for Physician Practices

Softbound Book + bonus CD-ROM
ISBN 1578395887
HCPro / Opus Communications
June 2005
(click button below for the very best currently available price for this important resource)

With a strong, well-written, up-to-date, and user-friendly "Policy and Procedures Manual," your employees get an easy-to-follow roadmap that leads straight to the success of your medical practice.

Every member of your staff can rely on written policies and procedures to save time, avoid confusion, and side-step errors.

Each of these policies and procedures is fully customizable, available on the companion CD-ROM. Use the policies and procedures in The Top 15 Financial Management Policies and Procedures for Physician Practices to:

orient, remind, and train new staff and employees
provide guidelines to support and improve quality patient, payer, and vendor relationships
reduce liability risk
communicate to staff and physicians the processes for handling certain situations
set expectations regarding who does what and how
ensure consistency for ways to handle situations
enhance productivity and reducing lost time
support the physician practice mission
improve working relationships and job satisfaction by setting expectations for tasks and responsibilities

This book and CD-ROM resource set delivers comprehensive advice and strategies. Adaptable to your practice and written in easy-to-understand language, each customizable document contains:

an initial policy statement that explains what subject matter the policy intends to cover, why it does so, and who is responsible for carrying it out
a step-by-step procedure for carrying out the policy
a statement of rationale for creating it. This book includes an explanation at the beginning of each chapter that explains "the why."

When appropriate, each policy also includes a cross-reference to related policies. This resource will help you recognize how different areas influence each other when it comes to managing practice finances.

Successful practice management requires vigilant financial oversight of what is coming in (revenue cycle) and going out (expenses) the door.

With competing practices regularly showing up on your radar, your bottom line demands your attention like never before. The Top 15 Financial Management Policies and Procedures for Physician Practices is a vital resource for the busy physician, practice administrator, or practice manager who needs easy-to-use practice tools to enhance revenue and reduce expenses.

Written by experienced practice management consultants with a track record of success, the proven policies and procedures you'll find in this unique book and CD-ROM set are a solid foundation upon which to build your own policies and procedures manual. By following the written guide provided, your new employees will be up-to-speed and on-task in record time! It covers these five key areas:

managed care contracting,
collections,
auditing,
billing and receivables, and
cost control.

This resource fully covers these crucial topics:

Evaluating managed care contracting
Third party receivables
Track, refile, and appeal claims
Patient collections
Delinquent accounts
Disputed bills
Internal controls
Procedural coding analysis
Auditing the revenue cycle
Accounts/receivable
Controlling expenses
Emergent care
Provider schedule
Purchasing protocols
Scheduling

Kay Stanley, CMPE, is an associate partner of The Coker Group in Roswell, GA. Beyond consulting, The Coker Group has an established role in publishing practice management publications, guidebooks, and operational manuals. Ms.Stanley has more than 20 years of experience in administration, personnel, and editorial management. She is a member of the Medical Group Management Association at the local, state, and national levels and speaks at workshops on current issues in practice management. Ms.Stanley is a Certified Medical Practice Executive of the American College of Medical Practice Executives.

With a strong, well-written, up-to-date, and user-friendly "Policy and Procedures Manual," your employees get an easy-to-follow roadmap that leads straight to the success of your medical practice.

With more than 17 years of experience, HCPro, Inc. is a leading provider of integrated information, education, training, and consulting products and services in the vital areas of healthcare regulation and compliance. The company's mission is to meet the specialized informational, advisory, and educational needs of the healthcare industry. As an acknowledged industry authority in healthcare regulation and compliance, HCPro focuses on providing expertise in the areas of accreditation, medical staff affairs, credentialing, privileging, medical record management, nursing management, finance, quality/patient safety, infection control, workplace safety and regulatory compliance.

(information from the publisher)

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