Entries by George Konold

Do you reconcile your collections daily?

When your practice receives payments by cash, credit card or checks, do you have a way to reconcile your practice with your bank account? Reconciling your bank account with the collections you receive at your practice is something they teach in business school, but not in Physical Therapy School.  Co-payments are being taken from your patients…

How Many Tasks does a New Patient Generate?

When a new patient comes to your Physical Therapy Practice, how many steps must your Front Desk person take to create a new patient account? Typically, a new patient comes in to fill out forms and then your Staff has to remember to copy their driver’s license and their insurance card. Next, the patient’s data has to be…

How to Detect Insurance Underpayments

How can you tell if your Physical Therapy Practice is being paid in full and on time by insurance companies? How can you tell if there’s an underpayment? The bestPTbilling software can detect insurance company underpayments and then you’ll know the details you need to address the situation.  The elimination of insurance industry underpayments is…

Fortis Payment Systems is Integrated with bestPT.

Use Fortis Payment Systems to process credit card payments in real time online, not with a slow telephone terminal. Fortis Payment Systems is Integrated within the bestPT Software.  You can charge a patient’s card from within their account and you can charge their card easily from the Point of Sale screen as well.  The payments can…

Top 10 Metrics You Should Track

What Metrics Should You Track in Your Practice? Our clients have determined that these are the most important metrics to track in your practice: Collections Patients Visits Charges New Patients No Shows No Future Appointments Accounts Receivable Unbilled Visits Unsigned Notes Claims needing to be corrected by the Practice They’re all related to each other…

Increase Your Cash Flow This Year!

How Can You Increase Your Practice Income? By using our built-in Point-of-Sale (POS) system!  Use a bar code scanner to create an inventory that your patients would be interested in purchasing.  Use the same scanner to check out your sales and your inventory will be controlled automatically.  A task will open to alert you when products need…