Financial Reporting
OrthoEconomics understands the need for acqurate information to make informed decisions regarding your practice. We have developed a customized reporting package that will quickly show you how your practice is performing. In addition, we will provide trend analysis reporting for all the major componets of your practice. We also specialize in building custom and ad-hoc reports designed to your specifications. Reports can be generated on a daily, weekly or monthly based upon the needs and requirements of your practice.
Our areas of reporting which include individual provider and total practice data, included but not limited to:
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Revenue Cycle Data Reporting
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Charges and Payments - current month and trend basis
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Accounts Receivable - current and on a trend basis
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Payer Mix - current month and YTD amount
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Production Analysis - current month and trend basis
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Denial reporting
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Collection percentage - current and historical
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Financial Reporting
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Profit and Loss Statement for each practice location and ancilary service
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Balance Sheet
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Cash-flow Statement
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Trend Analysis
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Benchmarking
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I.T. Reporting
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Network Statistic's
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Practice Inventory
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Issue Resolution totals
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Please contact us today to let us show you how we can build the financial reports that your practice needs and wants to run effectively, efficently and smmothly.
Hear what a few of our clients say:
Don Dale and his team have helped us in almost every aspect of our Orthopedic practice. Starting with a painful split in the group 10 years ago and re-energizing our billing and collection results, our practice has evolved and prospered with the guidance Don and his team have brought to Orthopedic Associates. As a large established Orthopedic group, we look forward to a relationship with OrthoEconomics for years to come.
Philip Hansen, M.D.
Orthopedic Associates of Dallas
We have partnered with the OrthoEconomics team for the past 20 years. They have helped us re-establish our orthopedic group practice as we left a failed practice management company. With their billing and financial our financial performance have never been better. In addition, they facilitated a merger with another orthopedic group practice on our behalf and have been a trusted partner to this day.
James Montgomery, M.D.
Texas Orthopeadic Associates
Re-establishing a private surgical practice would have been much more difficult without the guidance of OrthoEconomics. After working closely with my staff to ensure that virtually all processes in the practice were set up correctly, We were very pleasantly surprised to see that the collection results derived by OrthoEconomics were higher than expected. With the help of OrthoEconomics, we were positioned to add additional surgeons and are well on our way in our strategic plan.
Star Orthopedics
The billing and collection expertise and experience of OrthoEconomics is unmatched. The entire team understands how important a trained staff, the best technology, and efficient processes result in the highest possible cash collections. The financial team at OrthoEconomics has simplified our financial processes provide checks and balances that we can understand. We consider them an integral part of our practice.
Greater Dallas Orthopaedics