Nurse Practitioner-led Primary Care - I-conic Solutions
DME Practice Billing
Specialty: Nurse Practitioner-led Primary Care
Service Offering: Full-Service Billing
Practice Management Software: AdvancedMD

Introduction

This case study illustrates how a nurse practitioner-led primary care practice transformed its revenue cycle management by partnering with a medical billing company. The collaboration enabled the practice to increase revenue, reduce administrative burden, and improve patient access.

Background

The NP-led clinic provides comprehensive primary care, chronic disease management, and preventive services to underserved populations. Despite its growing patient base, the practice struggled with inefficient billing operations, leading to reduced cash flow and provider burnout.

Revenue Cycle Challenges

  • Incorrect Coding: Inconsistent CPT/ICD-10 coding due to lack of billing expertise resulted in claim denials and compliance risk.
  • Time-Consuming Prior Authorizations: Managing prior authorizations manually slowed down patient care and delayed billing.
  • Eligibility Errors: Missed eligibility checks led to billing rework and patient dissatisfaction.
  • Underutilization of Billable Services: Providers were unaware of all reimbursable services (e.g., chronic care management, wellness visits).

Objectives

  • Increase Reimbursement: Maximize revenue through accurate coding and utilization of all eligible services.
  • Improve Claim Accuracy: Ensure clean claim submission to reduce denials and rework.
  • Accelerate Prior Authorizations: Speed up authorizations to improve patient scheduling and billing timelines.
  • Enhance Eligibility Verification: Catch insurance issues upfront to reduce patient billing surprises.

Intervention

The medical billing company provided the following solutions:

  • Coding Audits & Training: Conducted routine coding audits and trained NPs on compliant and optimized coding practices.
  • Authorization Support Desk: Introduced a dedicated team to manage prior authorizations, freeing up clinical staff.
  • Real-Time Eligibility Checks: Integrated eligibility verification tools with AdvancedMD to catch issues before service delivery.
  • Revenue Optimization Review: Identified and implemented billing for underutilized codes like AWV, CCM, TCM, and behavioral health screenings.

Results

Metric Before Implementation After Implementation Improvement (%)
Clean Claim Submission Rate 80% 97% 21%
Prior Authorization Turnaround 72 hours 24 hours 67%
Denial Rate 20% 6% 70%
Average Payment time 48 days 22 days 54%
Monthly Revenue $220,000 $365,000 66%
Billable Services Captured 65% 92% 42%

Conclusion

By outsourcing its billing to a specialized medical billing company, the NP-led practice significantly improved its financial health, compliance, and operational efficiency. This allowed the providers to concentrate on delivering high-quality care while achieving sustainable practice growth.

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