Michael Judith

“I can not run a business with my money tied up in insurance claims for six months to a year!” Does that cry sound familiar?

Unfortunately, physicians are constantly being de-valued by insurance companies that owe them payment. The truth is, insurance companies routinely pit ill-equipped physicians up against their high-tech automated systems because they understand the importance of the time-value of money.

Cash flow is the bloodline of any business. Still, many practices with a thriving patient base find themselves at the end of each month struggling to make payroll. How can that be?

Due to either a lack of experience, training, continuing education or just plain commitment and motivation, the physician’s staff frequently drops the ball when insurance claims are concerned. This gives insurance companies the opportunity to drag out the process and play the cat and mouse game of delay that they play so well. The direct consequence is a substantial financial burden on the physician’s practice.


The Solution
At Physician Capital Group, PCG, we level the playing field by providing prompt payment on your insurance claims. Our unique Platinum Service offers cost-effective Receivable Financing in addition to our standard, unsurpassed charge capture, billing and collection services, yielding you payment on insurance claims within 5 business days – and finally putting a lid on the deadly cash flow hemorrhages that are sabotaging your practice.


Outsourcing Rewards
Financially speaking, your time is better spent caring for patients. “The average physician that bills $650,000 is currently losing between $35,000 and $100,000 per year to claim denials.” –Synergy Medical Informatics
The MGMA reports that a single-specialty practice employs 4-5 people per FTE physician and spends 10-15% of revenues to handle this function. However, the quality and performance of your staff directly impacts the “real” cost of collections. Staff error or inexperience can lead to a higher number of un-captured or denied claims, resulting in substantially, lower revenues.

Bottom line — the physician who manages billing and collections in-house can be losing revenue whether he or she realizes it or not. With reimbursement rates falling, every dollar counts. And, in uncertain times, cash flow is critical
At PCG, our primary focus is providing unsurpassed physician financial management services.

“To optimize physician incomes, revenues need to increase, or operating costs need to decrease.” – 2007 Medical Group Management Association. Here at Physician Capital Group, we help you do both, while increasing your cash flow simultaniously.

Unparalleled Commitment
Our mission is to recruit the most experienced billing specialists who are motivated to continually learn how to improve billing operations and to find ways to harness the changes that the Insurance companies persistently create in ways that are of benefit to you. Internally, PCG is committed to creating a corporate culture that promotes and rewards excellence with unique incentive programs for its employees.

PCG will assist in streamlining your practice, lowering operating costs, and increasing profitability by providing a turnkey solution to your business office function. Through a formal structure and proven automation tools, PCG is transforming the physician payment process. Our approach creates efficiencies at every step in the process and delivers increased revenues to our clients.

Peace of Mind
PCG relieves the physician of the burden and frustrations that come with managing the business side of practicing medicine.

“PCG has delivered everything they promised and more. The level of service and professionalism they provide to us is truly unique.”
– Dawn Marie Pollard, Practice Administrator

Our experience in dealing with the healthcare payment process and the myriad of insurance companies allows you to simply enjoy the rewards of your hard work.
“PCG effectively alleviated my concerns by pre-paying my claims at a reasonable rate … My cash flow is very stable which gives me peace of mind and the ability to focus completely on caring for my patients.”
– Lee Friend, M.D.

PCG shifts the demands of the medical billing and collections process from you to an experienced and highly competent “partner” — a partner that views your success as a measure of our success

Our philosophy is simple —
work now, get paid now.



May 2008


Click here for a PDF of this article