Financial Medical Partnership

Articles - Cash Flow 2011


Skip tracing uk and Europe
5 Aug 2011.
FMP provide tracing facilities to locate gone aways, missing person or companies, absconders, Traces throughout the UK and Europe.

Financial Medical Partnership Ltd drive for eco-friendly billing
4 Aug 2011.
Thousands of paper bills are produced by the UK medical profession every day. The requirement to issue these paper bills has now become obsolete.

Recent years have seen an increase in self-pay patients
3 Aug 2011.
very year, private healthcare in the UK sees an increase in self-paying patients. A self-pay patient is anyone who uses a private healthcare provider without using insurance to pay. Oftentimes, these patients are billed before they are seen by medical professionals.

Getting paid quick with less paperwork and better records
3 Aug 2011.
Billing medical fees is one of the least exciting aspects of a medical practice, but it’s something that has to be done, for the group to stay in business. It’s easy to fall behind with billing, especially if you do it in the office using a paper system. Invoice writing gets pushed off and inevitably the billing process falls behind. You may not send out invoices until a week or two after a procedure has taken place. And, of course, payments are delayed too because insurers can’t process what they haven’t received. It’s easy to see how billing can become a big mess.

Electronic billing improves customer care
3 Aug 2011.
Patients are the most important aspect of any medical office. They are the reason private specialists stay in business, after all. Patients seek out a private practice for top-of-the-line medical treatment delivered when most they need it. Keeping patients satisfied should be the top priority of any specialist’s practice; satisfied patients will become return customers. To keep clients happy, an efficient office environment is necessary so as much time as possible can be spent caring for patients’ needs.

Benefits of an e-billing system
3 Aug 2011.
Updating to electronic billing from a paper system is a good move for any medical specialist seeking to improve their practice’s functions. Electronic billing offers medical professionals an array of benefits that are unavailable in tradition paper invoice systems. Browse this list to learn more about how e-billing could elevate your billing department to a whole new level.

Benefits of an e-billing system
3 Aug 2011.
Updating to electronic billing from a paper system is a good move for any medical specialist seeking to improve their practice’s functions. Electronic billing offers medical professionals an array of benefits that are unavailable in tradition paper invoice systems. Browse this list to learn more about how e-billing could elevate your billing department to a whole new level.

Efficient practices use e-billing
3 Aug 2011.
If you’re looking for a way to make your practice more efficient, think about changing your billing style if you haven’t done so already. Making the switch from paper billing to electronic can save time, space and money. And it can reduce the possibility for human error, so your invoices will more likely be filled out correctly the first time.

Updating to electronic billing and office management
3 Aug 2011.
This is the 21st century, and it’s time to get your medical practice in sync with the times. Paper medical billing and filing is a thing of the past. To stay in touch with the times, an all-electronic office is the only way to go. Not too long ago, medical offices were filled with paper. There were paper invoices, paper files and paper patient documents in every area of a practice. In a typical office, papers were scattered on the floor and on each available surface. And, often, a paper would get lost. Luckily, today’s medical organisational technology has progressed beyond the “paper everywhere” method. Nowadays, all medical billing and filing can be done electronically.

Choosing the right accounting option for your practice
3 Aug 2011.
If you’re a busy specialist with a private practice, no doubt you’re aware of your many responsibilities other than patient care. You have to send out bills, manage an office and a group of employees and balance an increasing number of health regulations. Add to that everyday bookkeeping and accounting and you can easily become overwhelmed.

Practice Manager Software
3 Aug 2011.
Healthcode’s software and databases improve efficiency in the medical sphere.Medical professionals need look no further than Healthcode for streamlined billing and information processing. Healthcode is known as the UK’s largest medical bills clearing house, but the company provides data processing services outside the billing department as well. Healthcode offers innovative software and database solutions to physicians, their staffs, hospitals and medical insurers. Using Healthcode’s medical technology, information can pass quickly and securely between medical entities when it’s needed most.

FMP’s fixed-price billing saves specialists money
3 Aug 2011.
Financial Medical Partnership’s fixed-price billing solution for specialist’s private practices takes the guesswork out of billing for services. Although it many seem counterintuitive, working with the FMP is a good way for private practices to cut costs. When Financial Medical Partnership takes care of your billing you pay a fixed rate per invoice, which means you’ll know up front how much to budget for billing costs. And unlike other billing agencies, FMP’s fixed rate remains the same regardless of invoice amount.

FMP saves you time and money
3 Aug 2011.
If you’d like to save time and money in your private practice, look no further than Financial Medical Partnership’s medical billing system. FMP uses Healthcode’s online electronic billing system to maximise billing productivity.

FMP beats all billing competition
3 Aug 2011.
If you’re thinking about finding a company to do your medical billing for you, there are many factors you need to consider. First, what is the cost of service? Second, what can I get from this service that I couldn’t do on my own? And third, what is the cost-benefit breakdown? Once you answer these questions for a variety of companies, you’ll be able to determine the service that best fits your needs.

Keep the cash flow in 2011
2 Aug 2011.
Cash flow helps business in tough times With the current financial crisis, times are tough for businesses all over the world. Private medical practices in the UK are no exception. Like any business, medical practices have bills and employees to pay.

Efficient practices use e-billing
2 Aug 2011.
If you’re looking for a way to make your practice more efficient, think about changing your billing style if you haven’t done so already. Making the switch from paper billing to electronic can save time, space and money. And it can reduce the possibility for human error, so your invoices will more likely be filled out correctly the first time.

No Success No Fee Medical Collection
2 Aug 2011.
Commission fees on International Medical Debt collected 2009 to 2011


 

FMP P.O. Box 1487, Surbiton, KT1 9RB, England, Company No. 03066638                
Tel 0208 398 9555