Business Strategy

You can rely on business professionals experienced with Nephrology practice business strategies, planning and management.

The healthcare reform landscape has impacted physicians on every level, including payer networks and contracts, care models, technology requirements, and staffing. Reform challenges take a practice leader's focus away from the primary goal of delivering high-quality patient-centered care.

Typically, there isn't enough time or resources for nephrology physicians to address these issues effectively or to plan thoroughly for the future of the practice. From business strategy to daily operations management, Tower’s practice services can fill that gap to ensure stability and success. The decision to partner with an expert to administer core medical practice management functions is one that can improve the trajectory of a practice and the satisfaction of its top physicians.

• Strategic planning for growth
• Practice Consolidation
• Succession planning
• Acquisition guidance
• Contract negotiations for employment, purchase and medical directorship
• Medical practice management
• Operations management
• Physician on boarding
• New practice integration

Revenue Cycle Management

Tower PS provides a full range of revenue cycle solutions, medical coding and charge coding, credentialing, and technical support to medical practices.

Effective RCM is crucial for maintaining the financial health of healthcare organizations. It involves a combination of technology, skilled personnel, streamlined processes, and compliance. Outsourcing RCM to Tower Physicians Solutions allows you to focus on patient care while we handle the complex financial processes.

• We have a dedicated department of Certified Professional Coders to provide bi-yearly audits, focus audits and provider education.
• Revenue Cycle consists of 80+ staff members dedicated to nephrology coding, billing and collections.
• Full access to a revenue cycle team dedicated to your practice.

Billing and Coding

Avoid interruptions to revenue stream by working with Tower Physician Solutions.

Once you partner with us, you do not have to worry about managing your revenue cycle, as our prompt medical coding team will accurately code the services and our billing team will ensure that the claims are reimbursed on time. Therefore, we help you in efficiently managing your cash flow. Following are some of the major services we offer.

Billing, collections, reimbursement, invoicing, customer service.

We strive to understand your practice during the introductory phase which includes an in-depth analysis of the practices current billing operations. During the analysis, we review the practices current billing operations and highlight areas of strength and areas that require improvement. Once areas that require improvement are identified, we formulate a solid plan with set expectations of how Tower can assist and we present this analysis to your practice.

Tower designates a direct contact for you, so you always have a go-to person to walk you through your monthly financials, as provided by our team.

As our relationship grows, your monthly reports will provide insight into that state of your accounts and progress of our service to you. From denial reports to a credit analysis, our team is here to support you so that you can focus on patient care.

You will receive comprehensive, easy to understand reports, including: Aging report, Credit report, Denial Report, and Collections Report.

• We have a dedicated department of Certified Professional Coders to provide bi-yearly audits, focus audits and provider education.
• Revenue Cycle consists of 80+ staff members dedicated to nephrology coding, billing and collections.
• Full access to a revenue cycle team dedicated to your practice.

Credentialing

Let us take care of paperwork and records for hospitals, dialysis centers, insurance, Medicare, state license and board certification.

For many nephrology practices, it takes a dedicated, detail-oriented credentialing professional to ensure that all practitioners’ credentials are completely current. Our certified credentialing staff have the experience to ensure everything is in place, whether your practice is adding physicians or hoping to work more efficiently.

Full credentialing and contracting services for physicians and physician extenders. Tower Physician Solutions Credentialing and Contracting services include:

• Initial data collection and maintenance of practitioner data repositories. Practitioner data is maintained and stored utilizing a credentialing software database.
• Initial appointment and re-appointment with hospitals and dialysis units. Initial credentialing and recredentialing with commercial health plans.
• Enrollment and revalidation with Medicare and Medicaid.
• Licensure and Expiring Document Maintenance.
• Establishing or re-negotiating private payer contracts to your best advantage.

Credentialing is an essential part of maintaining the integrity and quality of healthcare services.Tower Physician Services ensure that patients receive care from qualified and reputable practitioners while minimizing risks associated with substandard or fraudulent practices.