We provide powerful business intelligence and analytics solutions designed for independent and group physician practices.
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PRM has developed solutions to help you achieve your financial goals and stay informed about the financial health of your practice and its overall performance.
Strengths & Weaknesses Analysis
Create Value with Data
The experts at PRM utilize analytics to predict the future with greater accuracy, which allows you to further develop your business model
In some businesses, management gaps may go unnoticed, resulting in a number of problems.
With our BI & Analytics solutions, we can recognize the different gaps in the management of your business. We use the data available to compare your business's past and current performance and predict your future performance.
Most businesses do not survive for more than a few years. The main reasons for this are because they did not know their strengths and weaknesses. If you can identify these two things, then your practice has a much better chance of surviving in the tough healthcare landscape.
With the financial reports provided by PRM, you know your strengths and weaknesses, and you can leverage this information to find ways to boost your revenue and income.
BI & Analytics requires a team of data scientists, business analysts, BI developers/consultants, and IT managers. Few practices have the resources and expert team to handle BI & Analytics thoroughly.
PRM employs a dedicated team with the right expertise to create value through analytics and data science.
Whether you’re a solo practitioner, a large facility-based group of physicians, or somewhere in between, we understand the specific nuances of your business.
No matter if you’re a Solo provider, from a Mid-Sized Practice, or a part of a Large Facility-Based Group, we understand your needs and can provide the specific services and solutions to fulfill them
Based on the services you provide, we understand that your business comes with unique challenges which PRM is ready to tackle.
With our broad range of RCM services including claims submission, medical coding, and scheduling, our team is well-equipped to work with primary care providers.
OB/GYN practices need specialized RCM services like time-sensitive scheduling, and specific billing codes and modifiers for a range of procedures. Our medical coding team offers comprehensive HCFA and UB ICE-10 claims, and we offer integrated EHR services to streamline the scheduling process.
Billing staff must have a good grasp of concepts like margins, shaving, and destruction to effectively bill and appeal dermatology claims. Our experienced team ensures your claims are submitted at the highest possible value without over-coding and while curbing billing errors.
For Orthopedic surgeons, practice challenges can hinder your business cycle. Not the least of which is having an efficient revenue cycle in the form of error-free medical billing and coding that enhances your reimbursement rates. This is one of the top focuses of our team for Orthopedic practices.
With nephrology, you need a medical billing team that understands the different documentation and specific ICD-10 coding of claims and related EDI processes for nephrology. At PRM, we boast a 100% success rate on clearing claims with a dedicated Claims Denial and Appeals Management team.
As a cardiologist, you frequently work with patients who require complex procedures. PRM offers a team of experienced medical coding staff who are accurate and ensure legal compliance at every step.
If you have any doubts, we put together this simple scored quiz for you to find out… here’s the first question