Revenue Cycle Management Services in Illinois

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 Illinois, including Chicago, Aurora, Joliet, and Springfield. Precision can also support medical practices anywhere in the state of Illinois.

 

Major Illinois Counties We Serve

  • Cook County, IL
  • DuPage County, IL
  • Lake County, IL
  • Will County, IL
  • Kane County, IL
  • Winnebago County, IL
  • Madison County, IL
  • St. Clair County, IL
  • McHenry County, IL
  • Champaign County, IL

 

Major Illinois Cities and Metro Areas We Serve

No matter where your medical practice is located, whether in a major metropolitan area like Chicago or a smaller market like Peoria, Precision Practice Management can provide the revenue cycle support you need.

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Precision Helps Your Practice Meet the Needs of Large Patient Population Areas in Illinois

physician with patientIllinois is one of the most populous states in America. Meeting the medical needs of densely populated areas, like Chicago and Aurora, can be especially challenging without the right support. With a large client base, medical practices can expect to experience challenges in revenue cycle management and medical billing. In addition to servicing large population centers, medical practices are required to comply with federal CMS regulations, adding another layer to day-to-day management. Due to the growing complexity of medical billing and revenue cycle management, many practices are choosing to outsource these tasks. Precision identifies the needs of your medical practice and helps you meet the inherent challenges that come along with managing a practice. Our team of experienced medical coders and revenue cycle experts will help make your billing more efficient and improve revenue streams.

 

Enhance Your Profitability with Our Revenue Cycle and Medical Billing Services for Illinois Medical Practices

woman in medical billing officeOptimizing revenue cycle management is always a matter of managing many items that collectively produce a measurable improvement in profitability. These may include 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. All of this facilitates better financial and clinical management decisions and contributes to improved profitability.

EHR System Implementation & Optimization in Illinois

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 supports the following EHR, EMR, & Revenue Cycle Management Systems:

Medical Coding & Charge Coding Services in Illinois

Precision offers a variety of coding and auditing services to assist Illinois 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.

Medical Practice Credentialing Services in Illinois

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 Illinois providers cover hospitals, group practices, and individual providers.

MACRA/MIPS Compliance Support in Illinois

The Quality Payment Program consists of two tracks: Advanced Alternative Payment Models (APMs) and the Merit-based Incentive Payment System (MIPS).  Most medical practitioners will be subject to MIPS, though not hospitals or facilities. MIPS has four major provisions: Eligibility, Performance Categories and Scoring, Data Submission, and Performance Period and Payment Adjustments. Precision Practice Management can help ensure that your practice is in full compliance. Read more about MIPS here.

24-7 Medical Practice Technical Support

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 Chicago, Springfield, Aurora or even a small town, our technical support team is here for your medical practice 24 hours a day, 7 days a week.

 

Medical Specialties Currently Supported in Our Illinois Service Area

 

In the Words of Our Clients:

"Our 8-provider pediatric practice is extremely busy and must be well organized in order to function at its best. Precision has been providing medical billing and practice management software and tech support to our practice from the very beginning and has greatly supported the growth of our practice over time. The monthly meetings they have with the doctors are extremely helpful in identifying opportunities for improvement and keeping us well-informed about issues affecting the business side of our practice. I would very much recommend Precision to other primary care physicians."