Paumier Medical Management Group, Inc. will advise on how outsourcing your practices medical billing will save you money and also increase your revenue.
- Overhead costs
- Office space could be used for an exam room.
- Payroll expenses
- Payroll taxes (employer)
- Retirement contributions
- Sick Pay
- Health benefits
- Disability Insurance
- Life Insurance
- Other perks
- Statements and envelopes
- CMS 1500 forms
- Telephone expenses
- Computer System
- Software System
- Purchase of system
- Training of system
- Updates to system
- Annual maintenance fee
- One-year renewable contract
- Experience and expertise
- Proven success of medical billing procedures
- “Networked” with other medical billing professionals
- Established relationship with major carriers
- Medical Group Management Association (MGMA) member
- Healthcare Billing and Management Association (HBMA) member
Why choose PMMG?
We are more than just a medical billing company. Daily we strive to stay up to date on all billing changes and how we can enrich our clients daily business lives. We want to make medical billing easy for our clients!
Reach out today to take the first step to simplifying your practice billing!
The National Averages are specifically for Family Practice and was gathered from the Medical Group Management Association (MGMA) Cost Survey 2011 Report Based on 2010 Data.
The National Average for Accounts Receivable greater than 60 days is 18.27% compared to PMMG’s average of 6.42%. This indicates 11.85% of the account balances are collected faster than the National Average.
Accounts Receivable Turn Rate
- PMMG Average is 22 days.
- MGMA Average is 32.69 days.
Current | 30-59 Days | 60-89 Days | 90+ Days | Total
MGMA Average : 70.02% | 11.71% | 5.48% | 12.79% | 100%
PMMG Goals: 80% | 10% | 4% | 6% | 100%
PMMG Average: 87.34% | 6.25% | 1.77% | 4.64% | 100%
PMMG can generate the reports you need from all of your claim data. We provide a monthly Accounts Receivable report as well as a Productivity report for all providers in your practice. However, we are not limited by these two reports. Our robust Practice Management System can produce any type of report to answer any type of question!