Financial Management:
Several strategies have enabled NAMM to successfully maximize revenues and increase profitability for our clients. Revenues are enhanced through effective management, aggressive marketing and access to our stakeholder relationships.
Revenue Enhancement:
- Monthly financial reporting (income statements, balance sheets, cost & utilization, etc)
- Budget development and fee schedule maintenance
- Financial recovery activities (stop loss, subrogation, coordination of benefits, billing and collections)
- Maximize contracting opportunites
Cost Containment:
To minimize variability of provider and group expenses, NAMM developed and utilizes a number of strategies including:
- Professional capitation models
- Virtual examiner software applied to all claims
- Cost targets and physician profiling reports
Knowledge is power. NAMM's ability to provide you with information regarding contract performance, trended utilization compared to market benchmarks and peer comparison will aid you in managing your practice or medical group.