In this episode of The ProfitRx, host Josh Fertel dives into the intricacies of diagnosing revenue leaks within medical practices. Join the conversation as Josh recounts his initial experiences in identifying hidden financial pitfalls in medical practices, focusing on the benefits of Medicare's Chronic Care Management program. Josh also explores effective strategies to optimize revenue without increasing patient load, emphasizing the importance of proactive billing practices and patient communication. The episode also highlights the need for practice owners to actively engage in their financial operations to prevent revenue loss. Tune in to gain valuable insights and practical tips for transforming financial challenges into opportunities for profit in the healthcare sector.Timestamps:00:00 Chronic Care Management for Medicare06:04 Medicare's Chronic Care Management Insight07:54 Medicare Cost-Saving Patient Monitoring12:46 Incremental Revenue Through Extra Services16:04 "Value Front Office Staff"18:08 Negligence by Billing Companies21:36 Balancing Micromanagement and Oversight25:10 Medicare Billing Team Enhancements29:19 Doctor's Note-Signing Delays Issues32:15 Evaluating Business Expenses and Staffing35:01 Maximize Reimbursement with Routine Care38:59 AI's Role in Billing and Insurance39:43 Streamlined Electronic Billing Transition43:50 Front Desk Handles Billing Questions45:57 Balancing Knowledge and HealingThe ProfitRx - Podcast Website - https://theprofitrxshow.com/ Josh Fertel's LinkedIn - https://www.linkedin.com/in/josh-fertel-439815b4/ J3RCM Website - https://www.j3rcm.com/ TopHealth Media - https://tophealth.care/ “Disclaimer: Informational only. Not medical advice. Consult your doctor for guidance.”

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