Revenue Cycle Management And Billing Solutions For Individual Provider Practices
We understand that managing an individual provider practice needs a specific level of attention and detail to make the practice operations smooth and cost-effective. Therefore, at StafGo Health, our solutions are tailored to your practice size, specialty, and financial goals.
Why Should Individual Provider Practices Outsource Their RCM And Billing Solutions To Stafgo Health
Our RCM experts have an extensive background in providing End-to-end RCM and Billing support to all sizes of practices, and therefore, they know what financial and operational challenges can be encountered by solo practitioners running their own practices-
Managing a High Rate of Denials and Rejections
Many solo practitioners face challenges in handling the huge number of rejections and denials in their practice. We provide comprehensive RCM solutions and work closely with you to prevent the loss of revenue.
High A/R days and Slow Collection Rate
If the claims are not submitted and followed up timely manner, it can lead to a slower collection rate; however, at StafGo Health, we ensure faster claim submissions within 24-48 hours of the service provided, ensuring timely payments and improved first-pass resolution rate.
Poor Tracking of Cash Flow and Reporting
The practice’s financial health depends completely on how efficiently the data or claims are being tracked, which is mostly a challenge for many individual provider practices. At StafGo Health, we provide you with insightful reports and real-time tracking dashboards so that you can make better financial decisions.
High In-House Billing Costs
Maintaining and hiring new staff takes a lot of time and money and strains the providers, especially if they are solo practitioners. With StafGo Health, you can relieve yourself of this burden because we have dedicated RCM specialists who will be working with you, so that you can focus on your patients’ care.
Constant Burning Out and Time Constraints
Providers are already so occupied with their patients that it is nearly impossible for them to also manage the financials alongside. Therefore, it is always better to trust StafGo Health when it comes to outsourcing your medical billing and RCM services.
Keeping up with constantly changing payer guidelines and regulations
Individual providers can sometimes miss out on the payer updates and hence can submit incorrect or incomplete information to the insurance, leading to more denials. Our team is constantly updated with all the payer updates and compliances, leading to a 99% clean claim ratio.
How We Measure Success With The Kpis For Your Solo Practices Solo Practices
Clean Claim Rate
First-Pass Resolution Rate
Days in A/R
Denial Rate
Patient Collection Rate
Reduce Your Overhead Cost By 30-40% By Outsourcing Your Billing And RCM Services To Stafgo Health
Get more collections and less stress with our expert RCM professionals