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Strategic Alliance
NeuroAdvanced Institute: Precision RCM for Specialists
A specialized Revenue Cycle Management (RCM) partnership focused on optimizing complex neurology billing, reducing denial rates for high-value diagnostics, and accelerating cash flow for a private specialist practice
55%
Denial Reduction
Drop in denials for complex procedures
$450k
Revenue Recovered
Collected from aged A/R in Year 1
28 Days
Payment Speed
Average Days Sales Outstanding (DSO) achieved
The Challenge
- High denial rates on complex procedures like EEGs, EMGs, and Botox injections.
- Long delays in Prior Authorization approvals stalling patient care.
- Cash flow bottlenecks due to an aging Accounts Receivable (A/R) bucket.
- Internal staff struggling to keep up with changing payer rules for neurology codes.
Our Collaboration
- Specialized Coding: Certified coders with specific training in neurology CPT/ICD-10 codes.
- Pre-Service Authorization: A dedicated team managing the Prior Auth workflow to ensure payment before treatment.
- Denial Defense: Intelligent analysis of denial patterns to fix root causes (e.g., medical necessity documentation).
- Aged Claims Recovery: A systematic sweep of all claims older than 90 days.
The Impact
- 55% Reduction in claim denials within 6 months.
- $450k Revenue Recovered from previously written-off or stalled claims.
- 30% Faster payment cycles, stabilizing the practice's monthly cash flow.
- Physician Focus: The lead neurologist reclaimed 10 hours a week previously spent on administrative oversight.
"Neurology billing requires surgical precision. Peak Point provided a team that actually understands the difference between an EMG and an EEG. They didn't just process claims; they fought for our revenue. For the first time in years, I can focus entirely on my patients, knowing my practice is financially secure."
— Dr. Elena Rostova, Lead Neurologist & Founder, NeuroAdvanced Institute
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