Proper management makes all the difference. Here is what we and your CodeToolz Contract Analyzer will do for your practice/business:
To most providers, the most important part of any contract is the fee schedule.
If the fee schedule is unacceptable, the clauses and language contained in the rest of the contract is irrelevant.
A 7% increase (our average) on total annual collections (payer reimbursements) of $500,000 will put an extra $35,000 in your pocket.
The bottom line is that “knowledge is power” and planning is essential.
The CodeToolz Contract Analyzer strategy and service in 3 words; efficient, effective and affordable Gathering Data
I think we can all agree that it is hard to get new clients with all the physician billing, coding and healthcare consulting companies out there.
We have something for you that will (1) provide you with a new value-added service to your existing clients, increasing their (and your) revenue and (2) enable you to gain new clients with this one of a kind service.
Extremely easy to use and unbeatable ROI
We are going to organize, analyze and maximize your payer contracts and fee schedules in one simple place. The bottom line is that “knowledge is power” and planning is essential.
Calculate the financial impact of any fee schedule or proposed payer rate amendment for all your payers and CPT® codes.
Compare your reimbursements on an ongoing basis; test payer offers, your counter-offers and much more.
A 7% increase (our average) on payer reimbursements of $500,000 will put an extra $35,000 in your pocket.
Key contractual information is easily available. All contracts are inventoried and catalogued.
Precisely-timed, data-driven renegotiations. No more outdated fee schedules!
The most affordable service you will find to increase your payer reimbursements.
Let’s get your reimbursements where they should be!