As a physical therapist in an outpatient setting, you spend as much time as you can trying to keep current in all issues related to running the business side of your practice setting while providing high quality clinical care to your patients. You know that even though you have the best intentions, you may have some problems with understanding the CPT coding system, and you know that despite your best efforts, your clinic's documentation is not what it should be in today's regulatory environment...
Are you at risk?  Read more
Fearon & Levine offers consulting in the following areas:
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| Documentation, Coding, and Billing Assessment |
Despite the critical importance skillful documentation and correct coding and billing for physical therapy services, most physical therapists do not receive adequate, if any, training to ensure that they comply with the ever-evolving requirements in these areas.
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| Payment Analysis and Strategies |
The payment/reimbursement landscape is constantly changing. Assessment of current or potential payment challenges and the payment policy environment specific to your practice, along with development of a plan to address necessary issues, can prevent many problems and help respond proactively to others.
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| Medicare Compliance Support |
Ensuring compliance with Medicare regulations is critical as the federal government continues to increase its efforts to eliminate over utilization and potential fraud and abuse among providers of therapy services, one of the fastest growing categories of costs under the Medicare program.
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| Fraud and Abuse Risk Assessment |
All too often physical therapists do not consider themselves at risk for penalties related to fraud and/or abuse, simply because they do not understand how their typical day to day behaviors may be viewed as fraudulent or abusive by today’s federal standards.
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| Practice Management Training |
The substantial time and money invested by a physical therapist to learn technical skills and patient management may be meaningless unless they also learn how to manage and control a business. Mastering these responsibilities can make the difference between success and failure in practice.
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| Practice Valuation and Transaction Advisory |
There are many occasions when understanding the value of your practice is important, including estate planning, changes in practice ownership, or litigation. Fearon & Levine has the expertise to properly value outpatient practices and to navigate through the complexities of ownership transfer.
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