Avisena Practice Analysis Scorecard

A powerful new practice management tool for evaluating the performance of your practice

Avisena understands the challenges facing medical practices today. Having a clear perspective of the health of your medical office is critical in today's market.

Our team has created a state-of-the-art practice management tool that helps you evaluate your practice's collection effectiveness. Avisena's panel of expert consultants can evaluate your medical practices at no cost to you. Our analysis provides you with an in-depth view of your financial performance and pin-points the problem areas where you may be unknowingly losing money.

• A comprehensive benchmark study: A valuable tool designed to evaluate your success compared to similar specialists.
• Critical Success Factors: Six key performance indicators are used to measure the financial health of your medical practice.
  • Net Collection Rate: The net collection rate shows how much a medical practice collects based on what's available to collect.
  • First Pass Resolution Rate: The first pass resolution rate is the percent of claims paid on first submission.
  • Days Sales Outstanding (DSO): DSO tells you how long it takes, on average, to collect a day's worth of charges.
  • Percentage of A/R over 120 days: Percentage of accounts receivable is defined by amounts owed to the medical practice by patients, third-party payers, etc that are more than 120 days old.
  • Average Reimbursement per Encounter: The average reimbursement per encounter shows how much a medical practice is collecting on average for every patient visit.
  • Average Reimbursement per Charge: The average reimbursement per charge shows how much a practice is collecting on average for every procedure that is performed.
• Stop light report: Measures whether your medical practice meets industry standards and even identifies whether it meets best performers in your specialty.

• Receive a FREE, practice management analysis valued at more than $2,500.
• Get an objective, 3rd party analysis of how your medical practice is truly performing.
• Obtain professional consulting at no cost that details how your practice can improve.
• Discover revenue opportunities for your medical practice.

For more information about our practice management tool - the Practice Analysis Scorecard - or to schedule a meeting with a Practice Consultant please please fill out the form above or call us at 1-877-Avisena.