Determining The True Cost Of Your Billing Department

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Determining The True Cost Of Your Billing Department

 

Understanding the importance of the billing department in a pediatric practice goes beyond just processing payments. It plays a crucial role in the overall financial well-being of the practice. By analyzing the true cost of your billing operations, you can gain insights into where your practice stands financially. This analysis can help you determine whether outsourcing the billing process or keeping it in-house is the best option for your practice.

Every pediatric practice is unique, and there is no one-size-fits-all solution. That's why this webinar offers valuable tools to help you make informed decisions on how to effectively manage your billing department. Whether it's optimizing internal processes or seeking external assistance, understanding the financial implications and weighing the pros and cons of each option is essential for the success of your practice.

To help examine the financial aspect of outsourcing your billing, check out the online calculator on the PMI site.

Available Downloads:

Click Here To Download Slide Deck

Click Here To Download The MGMA Guide To Selecting A Billing Service

Link to online calculator

 

 

 
Picture of Paul Vanchiere, MBA

Paul Vanchiere, MBA

For over 15 years, Paul has dedicated himself exclusively to addressing the financial management, strategic planning, and succession planning needs of pediatric practices. His background includes working for a physician-owned health network and participating in physician practice acquisitions for Texas's largest not-for-profit hospital network, giving him a distinctive insight into the healthcare sector. Paul is adept at conducting comprehensive financial analysis, physician compensation issues, and managed care contract negotiations. He established the Pediatric Management Institute to offer a wide range of services tailored to pediatric practices of all sizes and stages of development, with a focus on financial and operational challenges. Additionally, Paul is actively involved in advocacy efforts to ensure healthcare access and educational opportunities for children with special needs.

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