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 Montana, including Billings, Missoula, Great Falls, and Bozeman. Precision can support medical practices anywhere in the state of Montana.
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No matter where your medical practice is located, whether in a major metropolitan area like Great Falls or a smaller market like Livingston, Precision Practice Management can provide the revenue cycle support you need.
Montana is expected to witness a 30% rise in its population aged over 60 by 2030, marking a 43% increase from 2012. Rapidly growing aging populations may increase the demand for healthcare services. To meet these growing needs, Precision employs a complex strategy to support healthcare practices in adapting to the advancing requirements of this aging demographic. Our importance lies in enabling healthcare professionals to give more time to patient care by streamlining the challenges associated with medical billing, coding, compliance, and related difficulties. Choosing Precision not only enhances your dedication to patient well-being.
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 Montana 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 Montana providers cover hospitals, group practices, and individual providers.
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.
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 Kalispell, Helena, Billings or even a small town, our technical support team is here for your medical practice 24 hours a day, 7 days a week.
"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."
