Precision Practice Management vs. ImagineMedMC

If you're thinking about outsourcing your revenue cycle management, whether in full or in part, Precision Practice Management has the expertise and understanding needed to help you tackle the ongoing challenges in this vital area. They address all elements of revenue cycle management, such as compliance, credentialing, coding, claims processing, clearinghouse edits, electronic lockbox solutions, claim denial management, detailed reporting, and financial analysis, among other services. Although your in-house team may be proficient in various aspects of medical billing, they also juggle numerous critical clinical duties that require their focus. As a result, billing responsibilities may not always receive the attention they truly need, potentially leading to inefficiencies. In contrast to your internal staff, Precision's specialized medical billing experts dedicate their efforts exclusively to billing, guaranteeing that it is managed with exceptional skill and effectiveness. This concentrated strategy not only enhances your practice's performance but also ensures that you have peace of mind knowing that your billing processes are handled by true professionals. By choosing to collaborate with Precision, you can free up your team to focus on patient care while optimizing revenue flow.

Leverage a cloud-based healthcare delivery system to efficiently oversee the healthcare services and networks for your members. This innovative system enhances claims processing for managed care organizations by automating essential tasks such as verifying eligibility, managing referrals and authorizations, handling provider contracts, overseeing benefit management, automating claims adjudication, administering capitation for both primary and specialty care, processing EOB/EFT checks, and facilitating EDI transfers and reporting. It can be deployed as a cloud solution or maintained on-site, making it an ideal option for various entities, including managed care organizations (MCOs), independent physician associations (IPAs), third-party administrators (TPAs), preferred provider organizations (PPOs), and self-insured groups. By streamlining the complex procedures associated with eligibility management, referral authorizations, and claims processing, this system significantly boosts operational efficiency. Its design prioritizes data integrity while reducing the reliance on manual data entry, leading to enhanced accuracy and productivity. Moreover, the adaptability of deployment options allows organizations to select the solution that best aligns with their specific operational requirements, ensuring they remain agile in a constantly evolving healthcare landscape. Ultimately, this comprehensive system not only improves day-to-day operations but also supports better healthcare outcomes for members.