Solutions

We understand that compliantly optimizing reimbursements is the solid foundation upon which every practice builds its success. Creating that foundation through financial stability and optimal revenue/profitability requires expert contracting, coding, billing, collections and comprehensive coding knowledge.

IMP fuels your practice with an innovative approach:

People – A comprehensive team of experts to address your RCM needs
Practice Analytics – Root cause analysis with custom benchmarking and predictive modeling
Pillars for Practice Success – Tailor standard processes to your practice with a nimble reaction to healthcare changes

In your partnership with IMP, you will benefit from an account team dedicated to you, that understands your practice and its nuances.

We custom-tailor our software, processes, and services to fit each of our clients’ needs. These services include:

Client-driven management reporting and analysis

• Tailored reports from our proprietary billing software
• Benchmarking Full Charge Capture and verification
• Automated reimbursement variance tracking
• Dictation and documentation feedback

IMP’s analytics and decision support solutions provide the quality information and resources necessary to improve workflow efficiency and fuel practice performance. Data in itself is meaningless without the ability to interpret and capitalize on it. IMP partners with physician leaders to manage and mine comprehensive structured and unstructured clinical data sets. Through the use of software and processes custom-tailored to a practice’s needs, IMP empowers practice leaders with competitive knowledge, the ability to perform root cause analysis and accurate future forecasting abilities.

Daily and monthly reports indicate your practice’s cash-flow trends, days in AR, AR over 120 days, net collections, bad debt, and productivity by service location, modality, payer, and physician. By leveraging our advanced analytics reporting, we enable practices to make better-informed, strategically-driven business decisions.

“IMP’s analytics package has greatly enhanced our practice management capabilities. The numerous reports keep us up-to-date on our financial status, provide feedback on our operations and assist with marketing strategies. The analytics are highly customizable and the IMP team is always responsive in generating new reports specific to our needs.”

– Colleen Piazza, Radiology Associates P.C.

IMP’s healthcare strategic practice consulting, led by Maria Larsen leverages industry knowledge, skills, analytics and over 30 years of experience into actionable solutions that drive improved clinical and business performance. We bring decades of industry experience to develop a sustainable management strategy that optimizes practice profitability, efficient practice governance and cultivates physician leadership. We guide you with analytic intelligence and fact-based decisions and strategy. Our services include the following:

• Performance Assessment & Reporting
• Medical Practice Management
• Predictive Performance and Operations Modeling
• Strategic Positioning and Planning
• Practice Leadership Development
• Physician Onboarding and Integration
• Hospital Relations
• Payer Relations and Contract Negotiation/Management
• Clinical Care Coordination

IMP provides a variety of technology solutions to enhance efficiency and quality both clinically as well as in the business operations. Please see below a sample of our technology offerings:

• Bi-directional interfacing with EMR and practice management systems
• Unstructured data extraction from clinical notes
• Automated accession monitoring
• Managed imaging workflow – Cloud Based
• RIS, PACS and Voice Recognition
• Distributed imaging

The IMP Collaboration model affords benefits to each radiology practice by allowing them to maintain their independence while working with other independent physician practices in their region. This model is beneficial and viable for all independent physician practices as it enables practices to coordinate actions to strategically position for future success. It is a true collaboration in which the practices work together to achieve mutual success.