Case Studies

Dr. Jane Doe, MD FACCS

 

Dr. Jane Doe, MD FACCS

Specialty: Obstetrics & Gynecology

Location: Leesburg, VA

Years in Practice: 5

Single Practice Physician

Office visits per week- 120

Medical Billing- Contracted out to local service

Revenue Management Issues

  1. Physician Revenue well below National and Regional Benchmarks
  2. Cash flow varies greatly from month to month
  3. Aged Receivables reflect 15%-25% of revenues in 90-120 days
  4. Referral base varies greatly month to month

Resolution & Outcome

Complimentary Revenue Analysis completed by Veridian Partners

Our integrated Revenue Management System implemented.

Within 45 days, physician revenue increased by 85%.  Cash Flow sustainability increased eliminating dramatic month-to-month swings in income

Aged Receivables now reflect 80% of income in 20-30 day range

Referral base for office increased by 15% resulting in additional income of $60,000