PracticeForces

PracticeForces is a Clearwater, Florida medical billing company that runs the revenue cycle for physician practices and hospitals. The company reports that clients see a 15-40% increase in revenue during the first 90 days, and its pricing is simple: rates run from 2.99% to 6%, based on revenue volume. For practices that want to hand off their billing back office to a dedicated team, it is a direct outsourcing option built around cash flow and cleaner claims. The core service is medical billing and collections, including aging A/R recovery. The team analyzes, prioritizes and pursues old claims that in-house staff often cannot keep up with. Professional billers and certified coders handle the work. Around that, PracticeForces offers credentialing services, practice management consulting, EHR/PM installation and IT support, MIPS assistance, and start-up services for new medical practices. Clients can take billing alone or build on the other services as the practice grows. The firm serves healthcare providers across all specialties, large or small. Its reviews come from groups such as family practices and orthopedic offices. It works inside the systems practices already use, including AdvancedMD, athenahealth, Availity, Kareo-Tebra, ModMed EMA, Nextech, Office Ally, Practice Fusion, QuickBooks, TheraNest and TherapyNotes, so there is rarely a need to switch software before starting. The operating targets are stated plainly. Claims go out within 12 to 24 hours, coding accuracy is above 98%, and the company guarantees a first-pass rejection rate under 5%, compared with a 25% average cited from MGMA. Several professionals are assigned to each account, and clients receive custom reports on a daily, weekly and monthly basis, written to be easy to read. PracticeForces says it has 400+ professionals, 500+ providers and more than $500M billed annually. The company was started in Tampa Bay by CEO and co-founder Parul Garg and has served practices in the U. S. Since 2003. It is a women-owned business. If you are weighing a medical billing partner in the USA and want to see how your A/R and denial rates compare, you can contact PracticeForces to request a quote.