The Auctus Group

The Auctus Group

Financial Services

Bannockburn, Illinois 1,653 followers

Your Practice CEO

About us

Founded in 2012, The Auctus Group provides growth opportunities for plastic surgeons and dermatologists by supporting and developing the business end of their practices. We are a team of driven, diligent, forward thinking individuals that have joined together to build a better approach to medical billing and consulting. We know the value of the countless hours and tireless work our clients put into their practices as small business owners and we match it with our own. Our goal is to provide our clients with the support they need administratively, operationally and financially so they can concentrate on what they love, being surgeons and physicians, while we deal with the business end. Services: - Medical Billing - Operations Consulting - Contracting/Credentialing - Authorizations - Merchant Services Processing - Medical Bookkeeping - Staffing & Training - Small Business Loans

Industry
Financial Services
Company size
51-200 employees
Headquarters
Bannockburn, Illinois
Type
Privately Held
Founded
2012
Specialties
Medical Billing, Financial Analysis, Consulting, Staffing, Operations Consulting, and Bookkeeping

Locations

  • Primary

    2549 Waukegan Rd STE 110

    Bannockburn, Illinois 60015, US

    Get directions

Employees at The Auctus Group

Updates

  • View organization page for The Auctus Group, graphic

    1,653 followers

    Ever felt like patient statements are a riddle wrapped in an enigma? Trust me, you're not alone. Patients only pay about 38% of what they owe, mainly because their bills are as clear as mud! 🧾 Time to flip the script. With a few tweaks—like itemizing every single charge, payment, and adjustment—you can boost that payment rate up to 80-90%! 💰 No more vague “adjustments” or bundled charges that make your patients feel like they're deciphering hieroglyphics. Clarity = cash flow! Clear, detailed billing isn't just a nice-to-have; it's your secret weapon for getting paid without the headaches. Ready to transform your billing process? Let’s make that happen! 💥

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    1,653 followers

    Does dealing with medical billing feel like running on a treadmill—lots of effort, no progress? 🏃♂️ Let’s fix that! Common errors like outdated codes and mismatched info are just waiting to trip you up. But here’s the secret sauce: integrating Electronic Health Records (EHR) systems. They help automate everything, reduce manual errors, and link billing codes directly to your diagnoses. And don’t forget about training your team. A little knowledge goes a long way in avoiding those costly mistakes. Stop playing catch-up and start cashing in! 💸 Who’s ready to simplify their billing process? Let’s make it happen, folks! 💥

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    1,653 followers

    💰 Cash Payments vs. Insurance Billing: A Compliance Trap? Many practices think offering cash payment options can reduce admin work and boost revenue. But is it worth the compliance risk? In this episode, Terry Fletcher dives deep into the regulatory concerns around charging cash for insurance-covered services. Understand how these choices could impact your practice and learn the most conservative approach to protect yourself. Tune in now to navigate this complex issue! 🎧 https://vist.ly/3mhufdw #HealthcareCompliance #MedicalBilling #RiskMitigation

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    1,653 followers

    Why let billing mistakes wreck your day (or your profits)? 🤯 If your billing codes are older than last year’s viral trends, it’s time to step up! CPT and ICD codes are the bread and butter of getting paid—get them wrong, and you’re playing a losing game. Pro tip: Review and update those codes at least once a year! Stay sharp with regular team training and keep your billing manual within arm’s reach. Your practice deserves to thrive without the hassle. Ready to make billing a breeze? Let’s do this! 🚀

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  • View organization page for The Auctus Group, graphic

    1,653 followers

    Why let billing stress keep you up at night? Especially in the detailed world of plastic surgery and dermatology, understanding codes is key to a smooth operation. Think CPT 13100 for complex repairs of facial wounds or ICD-10-CM L89.113 for stage 3 pressure ulcers. Know these, and you're not just speaking the insurer’s language—you’re winning the game! Skip the hassle of billing errors by keeping everything current and clear. Invest in top-notch billing software, train your team like pros, and audit regularly. It’s like having a superpower in your back pocket, minus the cape! Ready to simplify your billing and boost your profits? Let’s make it happen!

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    1,653 followers

    🎧 New Podcast Alert! 🎧 Ever wonder which KPIs really drive success in your practice? John Gwin breaks it down in the latest Aesthetically Speaking: Presented by Nextech podcast. 🚀 In this episode, John shares his expert tips on the key performance indicators (KPIs) that can truly help your practice thrive, including: - Navigating insurance billing complexities - Keeping financial controls tight to avoid costly errors - Choosing between insurance or cash-pay services - Protecting your practice from embezzlement and fraud risks Don’t miss out on these actionable insights to boost your practice’s financial health! 💡 👉 Tune in here: https://lnkd.in/gysKZUEh #MedicalBilling #KPI #PracticeManagement #FinancialSuccess

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    1,653 followers

    Does billing feel like you’re stuck in quicksand? For those of you in plastic surgery and dermatology, cracking the code is essential to keeping your practice thriving. Here’s a quick tip: CPT 12034 for layered closure of wounds in the forehead or cheek. Or how about ICD-10-CM L82.0 for seborrheic keratosis? Getting these right is your ticket to smooth, headache-free billing. Don’t fall into the trap of billing blunders! Typos, outdated codes, or mismatched coding levels can turn your day upside down. Keep your patient info spot on, codes updated, and your team trained. Let’s make billing easy and efficient—because your time is better spent caring for patients, not chasing payments!

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    1,653 followers

    Why is medical billing as messy as trying to eat spaghetti in a white shirt? 🍝 Because too many practices are stuck in old habits! Outdated codes, wrong patient details, sloppy coding—these are the things draining your revenue faster than you can say “denied claim.” The fix? It’s simpler than you think. Regularly update those billing codes and train your team like you’re preparing for the big leagues. And if you’re not integrating Electronic Health Records (EHR) systems yet, you’re missing out! They automate code entries, cut down errors, and speed up your billing process. Let’s make billing easy, breezy, and profitable. Who’s with me? 🙌

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  • View organization page for The Auctus Group, graphic

    1,653 followers

    Is medical billing starting to feel like a game of whack-a-mole? 😫 You think you’ve got it right, and then—bam!—a new code or regulation pops up. Here’s the kicker: mastering CPT and ICD codes isn't just about keeping the books clean—it's about getting paid what you deserve, on time, every time. Avoid the big pitfalls! Outdated codes? That’s like using a flip phone in 2024—time to upgrade! Typos in patient info? No thanks—double-check and keep those details sharp. And remember, codes should be reviewed at least annually to stay ahead of the curve. Ready to stop leaving money on the table? Let’s take control and turn your billing headaches into smooth operations. 💪

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  • View organization page for The Auctus Group, graphic

    1,653 followers

    Let’s face it—medical billing shouldn’t be a shot in the dark! For the pros in plastic surgery and dermatology, understanding your billing codes is the difference between chaos and clarity. Know your CPTs and ICDs, and you’ll know your way to a healthier bottom line. Ever heard of CPT 14040? It’s for adjacent tissue transfer for wounds of the scalp or neck. Or maybe ICD-10-CM D23.5 for benign neoplasms of the skin. Getting these right means faster approvals and fewer denied claims. It’s not just about coding; it’s about getting paid without the drama! What’s the secret? Regular audits, smart tech solutions, and ongoing training. When you keep your billing clean, you keep your revenue steady. And who doesn’t want that? Turn your billing from chaos into cash flow. It’s time to thrive, not just survive!

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