Health Care

Health Care

A number of changes in the health care industry such as health care reform, shrinking reimbursements and complex regulations increase the pressure on health care organizations to operate more efficiently. Yeo & Yeo’s Health Care Services Group – comprised of experienced CPAs, medical practice consultants, billing specialists and technology professionals – help you profitably adapt to the changing environment.

Yeo & Yeo combines more than 90 years of accounting expertise with over 40 years of medical practice management experience. Currently servicing over 450 health care clients ranging from solo physician offices and multi-specialty groups to home health agencies and large health care organizations, we understand the unique challenges each provider faces. We have created long-standing relationships with these clients built on knowledge, integrity and respect.

Our health care professionals stay in the forefront of the health care industry.

  • Serve on medical committees and boards, and actively support a number of medical trade and business organizations, including the Medical Group Management Association (MGMA), Michigan State Medical Society (MSMS), Michigan Osteopathic Association (MOA) , and several other health care related associations.
  • Provide specialty-specific seminars and trainings, serve as lecturers and author articles for various practices and health care organizations throughout Michigan including MSMS and MOA.

We have experience and knowledge in serving a variety of health care specialties including, but not limited to: family practice, hospitalists, internal medicine, home health, behavioral medicine, occupational, OB-GYN, pediatrics, physical therapy, general and plastic surgery, oncology, dental and ophthalmology. Improve your practice's financial wellness with a dose of Yeo & Yeo’s Health Care services.

  • Affiliated Medical Billing

    • Capturing all Billable Services
    • Diagnostic and Procedural Coding
    • Proper Modifier Usage
    • Insurance Claim Filing
    • Bank Deposit Reconciliation
    • Patient Collection Procedures
    • Follow-up with Insurance Companies
    • Appeals Process Assistance
    • Detailed Monthly Reports
    • Customized Report Generation
    • Daily Data Backup
    • Scheduling Software and Connectivity to the Billing System (optional fees)
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  • Physicians and Medical Practices

    • Accounts Receivable Controls Review
    • Billing Audits
    • Business Systems Analysis
    • Medical Chart Audits
    • Corporate Compliance Assistance
    • CPT, ICD-9 and HCPCS Coding Training
    • Efficiency and Organization Reviews
    • Fee Structuring
    • Financial Tracking Systems
    • Insurance Reporting Procedures
    • Maximize Insurance Reimbursements
    • Patient Collection Techniques
    • Technology Solutions
    • Practice Development
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  • Practice Transitions

    • Acquisitions & Mergers
    • Assist with Legal Counsel Documentation
    • Business Plans
    • Dissolving Partnerships
    • Financial and Compensation Planning
    • Negotiations (Purchase terms, buy-out, etc.)
    • Physician Compensation Valuations
    • Practice Analysis
    • Practice Promotion
    • Practice Start-up, Transition or Closing
    • Practice Streamlining
    • Practice Valuation
    • Settling legal claims, including divorce claims
    • Staff Planning
    • Succession Planning
    • Tax Strategies
    • Vendor Relations
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  • Dental Practices

    • Tax Incentives
    • Revenue loss due to economic changes
    • Expenses and Overhead
    • Staff Salaries & Benefits
    • Fee Structure
    • Maximizing Profitability
    • Practice Transitions
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  • ICD-10 CM Training

    • What and when is the change
    • What is expected to happen
    • Documentation requirements
    • What are 7th digit extensions and placeholders
    • Conventions and general coding guidelines
    • How your practice can prepare for ICD-10-CM
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Request a Proposal

We welcome the opportunity to learn more about your business needs. Request a proposal and let’s get the conversation started.

Request a Proposal

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