The Health Group:
Based in the Dallas / Fort Worth metroplex, The Health Group’s support and management of physician practices dates back to 1978. In 1992, David Loomis joined as President, bringing expertise as CEO and senior executive of several multi-million dollar physician corporations. Michele Schaeffer and Debi Glick who joined the company in 1997 and 2001 have nearly 40 years of executive experience between them in practice management and administration.
In the past 15 years, The Health Group, located in North Texas, has grown significantly due to its superior practice management ability. Diligent management of patient accounts results in higher collection rates. Accounts receivable balances are typically less than 30 days outstanding. Balances over 90 days are less than 10%.
This demonstrates The Health Group’s focus on prudent and expedient claims management. The more past due insurance and patient balances become, the less likely they are to be collected. This is one way The Health Group achieves its goal of providing clients with overhead levels that are equal to or less than prevailing norms in each specialty inclusive of its fees.
The theme of lower cost and increased revenue is carried into all aspects of the company’s work. For example, electronic medical records systems greatly reduce ongoing operating costs of the practices that use them while increasing revenue through improved coding and charge capture. The Health Group, located in the DFW area, provides an electronic medical records system that is available to clients on terms that are much less expensive than an independent practice could achieve on its own.
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