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Practice
Growth Expertise.

Improve Profitability and Ensure Sustainable Growth.

A Proud American Academy of Podiatric Practice Management Member

Medical billing is the cornerstone of any successful practice, but it doesn’t necessarily make sense to devote your time and resources to handle this cumbersome task in-house. ParaDocs Medical Revenue Center, a member of the American Academy of Podiatric Practice Management, utilizes industry-leading productivity management processes and tools to help podiatrists across the United States independently and successfully run their practices.

Diving Into Your Practice

Our practice consulting services provide compliance auditing to identify problems, strengths, and weaknesses while suggesting resolutions ensuring billing accuracy, continued payment, and practice growth opportunities.

We take a deep dive into:

Current policies
Tasks performed by staff
Aging receivables
Coding compliance
Procedure utilization
Practice fee schedule
Other relevant reports

What to Expect From the Consulting Process

Industry knowledge. Our billing team is highly experienced and brings a solid perspective of what other medical practices are doing as well as what it would take to match or outperform the others. Objective outsider’s perspective. Being too involved or too close to the problem may be an impediment to see it. Fresh eyes can often identify issues relatively quickly. Mentoring and training. We are happy to share our knowledge and help clients take control of the success of their podiatry practices.

The billing consulting process consists of the following workflow:

<b>Business association agreement.</b>

Business association agreement.

It is a formal authorization to access your patients’ private healthcare information. HIPPA guidelines and compliance require a signed business associate agreement (BAA).

<b>Gather of information.</b>

Gather of information.

Our team needs to dig into your practice’s information to analyze and understand your business. For that reason, you will be requested to answer a questionnaire, provide a sample of a few documents, and provide the latest reports listed to you.

<b>Data analyzes.</b>

Data analyzes.

Our team of experts will analyze the data provided by you and identify the areas of strength and weakness of your practice.

<b>Information collection via conference call.</b>

Information collection via conference call.

We will be interviewing the doctor, office manager, and/or any other staff member to learn about your current podiatry practice situation.

<b>Data analysis and conclusion.</b>

Data analysis and conclusion.

Our team will review and discuss your practice based on the data collected (printed and verbally) and prepare a report that offers advice regarding trends and developments related to the business activities to achieve improved patient care quality and business revenue growth.

<b>Conclusion conference call.</b>

Conclusion conference call.

Besides providing a written conclusive report, our team will schedule a conference call to discuss the observations and potential solutions and answer any questions related to the analysis.

<b>Conclusion email.</b>

Conclusion email.

You will receive an email that includes the conclusion report for your review, records, and reference. (After the written conclusion is delivered, ParaDocs is available to answer any questions or inquiries via phone or email.)

<b>Follow up call.</b>

Follow up call.

After 40 days from phase 6, a ParaDocs analyst will reach out for updates on the changes previously discussed. Clarifying questions can be answered if necessary.

All services performed by ParaDocs are in accordance with applicable state and federal laws, accreditation standards, and practice policies and procedures. We work with experienced podiatrists looking to expand as well as newcomers who are struggling to make their practices profitable.

Industry
Knowledge.

Our billing team is highly experienced and brings a solid perspective of what other medical practices are doing as well as what it would take to match or outperform the others.

Objective
Perspective.

Being too involved or too close to the problem may be an impediment to see it. Fresh eyes can often identify issues relatively quickly.

Mentoring
& Training.

We are happy to share our knowledge and help clients take control of the success of their podiatry practices.

Frequently Asked Questions

All services performed by ParaDocs are in accordance with applicable state and federal laws, accreditation standards, and practice policies and procedures. We work with experienced podiatrists looking to expand as well as newcomers who are struggling to make their practices profitable.

Consulting

Expertise From Our Founder

There’s a lot more to a healthy podiatry practice than treating patients. You have to build a strong team, design a smooth workflow, and keep the money coming in-which isn’t always easy. In fact, your greatest roadblock to financial success could be your own billing department. They may, in fact, be leading you to financial ruin.

Ready To Get Started?

No matter what you’re trying to achieve, you’ll have comprehensive support from our team of experienced billing analysts. Learn more about how our consulting services can benefit your business.