Practice Management Services livwellinfusions.com
Monetize Your Biologics BusinessWe offer the opportunity to enhance your patient’s health care experience by taking over the back-office load that burdens your staff’s ability to provide care.Our goal is to monetize your biologic patient referrals with no revenue or financial commitments from your office. What we provide:• All benefit verification and authorization services• We purchase all medication• We provide all infusion supplies• We complete all billing and collectionsGive us a call so we can show you how we can help and INCREASE your oce income.
Our History. Why Us?We have opened and operated physician-based suites in multiple states across the country.Our TEAM allows you to grow your business with back office support, nursing, operations, revenue cycle managemnent and marketing. Our model has NO negative cash flow and NO upfront financial obligation.Over 25 years of experience in infusion, pharma and payer contractingAreas of expertise: contracting, medication acquisition, operation management, business development/salesPayer contracting/ evaluation and suite network development
How Our Model WorksOur goal is to MONETIZE your biologic business. We also act as your field marketing team to increase referrals.We create a revenue share by acting as managed service organization, using your contracts to bill for infusions and injections.We are an extension of your ofce: • Benet verications and prior authorizations• Including purchase of medication and supplies• Maintaining inventory, patient scheduling• Infusion suite set-up (if needed)• Billing and collectionsWe purchase the medication and provide all necessary operation support to complete and bill for service.
Win/WinYou assist in building a revenue stream for your practice.We acquire medication for all patients and manage wholesaler account payments.We will guarantee all authorization and billing work. If you administer injections, you receive full CPT payment.We pay all operational costs, including:• Nursing (if needed)• Benefit verification and authorization services, scheduling• Supplies: chairs, infusion supplies, etc.• Contracting review and support• Coordination of scheduling
Patient receives injection/infusion in your ofce.LivWell receives conrmation and bills payer.Money is posted into your bank account for the claims.LivWell invoices your ofce ONLY for payments posted to your account.**Weekly Billing Cycle and Invoice **If your nurse performs the administration, YOU keep the administration fee.
LivWell reconciles all A/R for completed claims.Revenue share = 50% gross prot of medications - billing fee.Report sent to ofce showing net revenue share for month.LivWell makes payment to YOUR ofce for revenue share.Monthly Revenue ShareFor fully completed claims:**Completed claims are paid out once the patient’s claims have no balance, i.e. primary and secondary insurance have both paid.
Pro Forma (estimate of current patient volume)• Our Pro Forma is meant only as an example based on our estimatesof your practice scope and size. It is not a guarantee of earnings nor meantto inuence prescribing habits.• This program meets all Safe Harbor and Stark statutes, and our agreementis accompanied with a legal review. Any legal questions are handled directlyby our legal team.Please call or email to set up a practice review.Johan EdinAccount Manger 602-400-6449Email johan@livwellinfusions.com