If you are interested in improving your practice’s financial performance or considering a transition from a hospital stipend or employee model to independent fee-for-service, Beacon will work with you to develop a financial analysis that projects compliant, optimal net revenue.

To do this, Beacon will perform a coding audit at no cost to the group. Typically we code a representative sample set of your group’s charts and compare the original coding to Beacon’s coding as documented and then re-code the records as if they were optimally documented.  Next we evaluate your fee schedule, insurance contract rates, payor mix and collection rate to develop a comparison between your current net revenue and our estimated net revenue.

For more information about a No Cost Revenue Projection email us.