Precision Practice Management provides a full range of revenue cycle solutions, medical coding and charge coding, credentialing, and technical support to medical practices in major metropolitan areas in Minnesota like Minneapolis, St. Paul, and Rochester. Precision can support medical practices anywhere in the state of Minnesota .
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No matter where your medical practice is located, whether in a major city like St. Paul or a smaller metropolitan area in Minnesota , Precision Practice Management can provide the revenue cycle support you need.
More than 5.7 million people live in Minnesota, and its population is projected to reach nearly 6.6 million by 2075. Minnesota’s older adult population has grown rapidly since 2011, when the first of the Baby Boomers started turning age 65. The number of Minnesotans age 65 years and older is projected to increase by nearly 200,000 people—to 1.19 million, or a fifth of the state's population —by 2035. By 2030, Minnesota is expected to have one older adult for every three working-age adults. In 2010, the ratio was one to five. Significant growth in older adult populations may increase the demand for healthcare services in the future.
Our team, comprised of seasoned medical coders and revenue cycle experts, is dedicated to leveraging cutting-edge technology to optimize the organization of your practice. We are committed to delivering personalized solutions tailored to address the unique needs of your business. Identifying the critical importance of staying abreast of state-specific regulations, our team actively maintains extensive knowledge and consistently updates their expertise. With Precision, you can redirect more time and attention to your patients, lessening concerns related to revenue cycle management for your Minnesota-based medical practice.
Optimizing revenue cycle management is always a matter of managing many smaller but very important items that collectively produce a measurable improvement in profitability. Educating providers on coding changes, recommending changes to EHR software templates, developing software system interfaces that eliminate redundant data entry, enhancing patient statement and delinquency letter protocols, establishing collection agency and patient refund protocols, monitoring and updating fee schedules, and providing more effective and timely reporting so as to allow for better financial and clinical management decisions, all improve profitability – and this is only a partial list of the subject matter addressed by Precision in optimizing revenue cycle processes and workflow.
Precision’s revenue cycle services are comprehensive in nature, and our work often starts with supporting our client’s clinical objectives. Precision has implemented electronic health record systems for clients for many years and has the full clinical and technical expertise and capability to do so efficiently and effectively. We provide technical assessments, system customization, ongoing technical support, and training services for a range of electronic health record systems.
Precision offers a variety of coding and auditing services to assist Minnesota medical providers with documentation of professional services. PPM coding services are provided by expert staff who carefully review documentation to ensure that accurate codes are billed.
Precision has a dedicated credentialing department, with significant experience in credentialing, focused on making sure that this all-important but often overlooked requirement is properly and timely managed. Our medical practice credentialing services for Minnesota providers cover hospitals, group practices, and individual providers.
It is important to have detailed, user-friendly reports to help your practice manage your workflow, projects and financials. Precision Practice has a variety of templates and standardized reporting styles available to meet your needs. Our in-house support staff can also help you develop a customized report to include any information required at your practice.
We understand how important it is to have timely support and top-notch expertise available when and where you need it. Whether you are located in Minneapolis, St. Paul, Duluth, or another part of Minnesota , our technical support team is here for your medical practice 24 hours a day, 7 days a week.
“We are so pleased to have Precision managing our medical billing for us. They cleaned up all the mess caused by our previous billing company, working through revenue cycle problem after problem, digging in and finding solutions for us. They have greatly improved all of our internal processes and their monthly reporting is very complete and thorough. The practice gains greatly from the monthly meetings we have with them. Precision consistently works well with our office staff to get things done. I have to say things have never run so smoothly.”
