Practicing Profitability - Billing Network Effect for Revenue Cycle Control in Healthcare Clinics and Chiropractic Offices: Collections, Audit Risk, SOAP Notes, Scheduling, Care Plans, and Coding

"Most billing services stall because the founders start a business without the necessary skills, methodology, or technology to run a scalable business. They quickly discover that managing a growing business requires different skills than familiarity of billing or great fun at coding. Medical billing business is especially difficult because it must succeed in an adversarial business environment, where providers may overcharge the payers and payers may underpay the providers.

Practicing Profitability is a pragmatic look at the complex medical billing process from entrepreneurial perspective. It is also a first-hand personal account of a pioneering development of a powerful system to run a solid and scalable medical billing business, including professionally managed processes, leading-edge technology, and outsourced and off-shored personnel. If you plan to build a medical billing business or if you have already built one but you don't know how to improve its profitability or scale it up - buy this book and keep it close for frequent reference.

Maureen Ennis, Certified Facilitator and Business Coach
The Alternative Board
[...]"
~ Written on 2008-05-30

"I love books that take me beyond theoretical discussions about complex problems and show real life solutions! Dr. Lirov has not only developed a powerful approach to an amazingly complex problem but also explained it in simple and straightforward terms.

Practicing Profitability is a great book about an awesome system that packs in plenty of practical ideas for many medical billing problems. A must read.

Nissim Daunov
REMIKA LLC
Management Consulting
"
~ Written on 2008-05-28

"I got the feeling that all the reviews here are 'I'll scratch your back if you scratch mine'. This book is a Software Requirements for EHR/EMR. It is overpriced and is a blatant marketing material for a software system that the author endorses. Its name appears at least once on a page. The book has some merits but it should be half the price. "
~ Written on 2008-05-14

"The profitable Physical Therapy and rehabilitation practice requires sharp focus and excellent administrative skills in addition to assurance of best practices. Payers underpay Physical Therapy and rehabilitation offices more often than any other specialty. An average PT claim earns $55, which has dropped 17% over the past five years. Payers also audit Physical Therapy and rehabilitation offices more often than any other specialty because of inconsistent medical documentation and frequent problems with billing compliance. Instead of treating patients, practice owners spend excessive and wasted time fighting payers and payers' systems.

"Practicing Profitability" teaches how to implement scalable billing processes using modern Internet technology to match the power, efficiency, and scale of payers' systems. The examples in this book have a background in chiropractic office management and are directly applicable, equally relevant and extremely important in the advancement of Physical Therapy and rehabilitation billing practices.

Regardless if you are just starting your Physical Therapy practice or if you are a veteran rehab office owner, "Practicing Profitability" offers a wealth of knowledge in a tightly organized and easily digestible way. It is the best modern profitability resource for the owner of a Physical Therapy practice.

Gerilyn M. Gault, Physical Therapist
Co-Owner G&E Therapies
Rehabilitation Company, NY
"
~ Written on 2008-01-05

"A comprehensive analysis of the losing battle physicians find themselves in with unpaid and underpaid claims due to the insurance companies' powerful computers and software. Insurers will pick out small inconsistencies and reject claims, delaying for weeks or months the payment the physician has earned. The approach outlined in this easy to read book explains how the doctor can level the playing field by equipping his or her practice with equally powerful software to match the insurers'. Dr. Lirov, a renowned computer expert, outlines the various strategies of his system to overcome the payers' continuous attempts to underpay or delay payment to the practitioner. Using such a system makes sure that claims are 'clean' even before they are submitted. Moreover, it does not allow the insurer much time to delay thereby shortening the time for accounts receivable. This results in enhanced profitability for the practice, hence the name of the book, "Practicing Profitability." It should be required reading for anyone in private practice."
~ Written on 2007-12-30