Transformative approach zee ‘s dedication leads to 95% reduduction in rejections and delayed reimbursements for a Dermatology practice. You are here: Home case-studies In the…
In the heart of Evanston, the NDA Psychiatric Clinic, a reputable institution known for its excellence in patient care, faced a dire ﬁnancial predicament. As you know the financial health of healthcare institutions significantly impacts their ability to provide quality care, finding solutions that optimize revenue and streamline operations is paramount.
The proprietor of this medium-sized clinic witnessed a disconcerting decline in revenue, marked by consistently high rejection rates on insurance claims and inadequate reimbursement rates. The clinic was at a very desperate point when the ensuing monthly loss averaged an alarming 35%. Faced with this crisis, NDA made the critical decision to shift its in-house billing to outsourcing. NDA’s decision to outsource its billing processes to Zee Medical Billing was born out of necessity.
Referred to ZMB by a trusted colleague, NDA’s owner viewed this collaboration as the clinic’s opportunity to salvage its ﬁnancial viability and uphold its commitment to delivering exceptional psychiatric care to the community. Their need for a financial turnaround was urgent, and that’s why they found Zee Medical Billing as a partner capable of delivering exactly that.
A Ray of Hope: NDA's Financial Crossroads
In the face of mounting financial challenges, NDA Psychiatric Clinic found itself at a crossroads. The clinic’s owner, deeply committed to providing exceptional psychiatric care to the community, knew that a solution was imperative. This is where Zee Medical Billing stepped in, offering a lifeline in the form of efficient medical billing services for mental health.
Explore the Challenges
The first step in addressing any problem is understanding its root causes. That’s why Zee Medical Billing identify the following challenges:
- NDA Psychiatric Clinic faced a dire financial predicament, which indicated significant financial challenges.
- The clinic witnessed a disconcerting decline in revenue, suggesting a decrease in income.
- The rejection rates on insurance claims were consistently high, indicating a problem with claim approvals.
- The clinic was receiving inadequate reimbursement rates for its services, indicating a problem with the amount they were being paid.
- The resulting monthly loss averaged an alarming 35%, signifying a consistent financial deficit.
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