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In today’s challenging compliance and regulatory environment, ENT and allergy practices need more sophisticated strategies than a local bookkeeper or individual accountant. At Parallel ENT & Allergy, our healthcare leaders offer best-in-class financial guidance and revenue cycle management. Our teams will work with your electronic medical records (EMR) systems to bring you better payment strategies and business intelligence. As a part of Parallel, practices benefit from group purchasing and the latest finance, accounting and revenue cycle management systems and strategies.
As a Parallel supported practice, your team will benefit from our strategic approach to practice financials and revenue cycle management. Our financial management services include:
Planning for the future is vital as you grow your practice. As a Parallel supported practice, together we can better track expenses, identify potential problems, and find areas to minimize costs. Our team will also help you to grow organically and locally by finding new opportunities for your practice. Our leadership will help you manage uncertain times and a changing competitive landscape.
From analyzing accounts receivable to optimizing billing and collections practices, our team will ensure that you’re working with streamlined processes.
Our business intelligence reporting services will give you the insight you need into revenue, profitability, and growth opportunities. These solutions can be organized by location, provider type, service type, and other factors.
Any good strategy includes profitability analysis, a process that allows you to identify revenue streams and pinpoint opportunities for increased profit. Our team can help to maximize your revenue and minimize expenses.
Depending on your practice, you may need a range of finance and accounting processes to keep your records clean. Thankfully, Parallel ENT & Allergy can help you better understand accounting tools and processes. Our accounting services for medical practices help you stay in line with the following standards:
Accuracy and transparent record-keeping are essential, no matter what type of medical practice you run. As a Parallel supported practice, you can seize opportunities for savings and efficiency.
All ENT and allergy practices are subject to tax laws and regulations. With our strategies, you can stay compliant with the complex tax code. We work on a national basis, and our services can be tailored to your specific location.
Occasional audits are necessary to prevent fraud, malpractice, and errors in financial reporting. Parallel supported practices can have increased confidence in their books and reporting.
Parallel ENT & Allergy is dedicated to helping ENT & allergy practices in the U.S. conquer challenges associated with finances and accounting. Our solutions allow practice managers to spend more time focusing on patient care. We pride ourselves on taking a more human approach toward revenue cycle management and financial services. Our experts will work closely with you to identify your needs and find the best way to support your team. We design each of our solutions to meet your goals in all the following business aspects:
Finance and revenue cycle management is essential for the success of any medical practice. At Parallel ENT & Allergy, we are committed to helping you achieve your financial goals and provide top-notch care to your patients.
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