Maximize Your Revenue with Healthcare Revenue Group and ModMed Podiatry (Formerly TRAKnet)

Ready for the Switch to ModMed Podiatry?

In 2025, TRAKnet users will transition to ModMed Podiatry, bringing advanced features and better capabilities. Healthcare Revenue Group (HRG) offers comprehensive support to ensure a seamless upgrade for your practice. We help you adapt to these changes while refining your podiatry billing and revenue processes.

Key Dates to Remember:

March 31, 2025: Last date to sign the upgrade agreement for a free data conversion.

June 30, 2025: Limited access to TRAKnet for accounts receivable management only.

December 31, 2025: End of Life for TRAKnet—no further claim submissions or platform access.

Transition Support

Switching from TRAKnet to ModMed Podiatry doesn’t have to be stressful. HRG specializes in making the transition easy for your podiatry practice. Our team of experts provides full-service support, ensuring that your billing, data, and workflow are optimized from day one.

Our Transition Services:

Billing and Reporting Set-up: We will help ensure billing and financial reporting is set up to support the practice effectively.

Revenue Management: We manage accounts receivable, so you don’t miss a single payment.

Capture More Revenue With HRG

Maximizing revenue in a podiatry practice requires more than just basic billing. It demands a thorough understanding of the unique challenges in podiatry billing and a deep knowledge of the latest features in ModMed Podiatry. That’s where Healthcare Revenue Group (HRG) shines. Our experienced billing team leverages ModMed Podiatry’s robust tools to help you boost revenue, streamline operations, and minimize costly errors. Here’s how we do it:

Accurate Claims Submission

We know every claim matters. HRG uses ensures accurate submissions every time. We recommend using TriZetto because of its advanced capabilities, but we can work with any clearinghouse. By reducing errors and adhering to complex podiatry-specific billing rules, we help your practice get paid faster and avoid unnecessary delays. Our expertise in TRAKnet and ModMed Podiatry’s built-in revenue cycle tools further enhances your claims processing efficiency.

Efficient Payment Management

Handling payments correctly can make or break your revenue cycle. HRG simplifies payment posting with our streamlined processes. We track every payment, ensuring no revenue slips through the cracks. Our team manages credit card payments and integrates secure, convenient payment options directly into your practice management system. This approach reduces the administrative burden and ensures you get paid quickly.

U.S.-Based Patient Financial Support

Your patients deserve clear answers and friendly service when it comes to billing. That’s why HRG offers a U.S.-based patient financial services team. We handle billing questions, payment arrangements, and patient statements with care and professionalism. Our responsive approach improves patient satisfaction while reducing confusion and missed payments.

Proactive Accounts Receivable Follow-Up

Outstanding balances can drag down your practice’s cash flow. HRG’s aggressive accounts receivable (A/R) follow-up ensures no claim goes ignored. Our team actively pursues unpaid claims, negotiates with payers, and resolves disputes swiftly. By keeping your A/R days low, we help maintain a healthy, predictable cash flow for your practice. Additionally, you’ll get an incremental bonus with large A/Rs over 30 days old; we’ll free up more money faster than you if you hadn’t made a change.

Comprehensive Denial Management

Denials can be a major obstacle in podiatry billing. HRG’s proactive denial management approach identifies the root causes of claim denials and addresses them before they become an issue. We use ModMed Podiatry’s advanced reporting tools to track and analyze denials, enabling us to fine-tune your billing processes for better outcomes. The result? Fewer denials, quicker reimbursements, and a healthier bottom line.

Detailed Monthly Reporting

Transparency is key to understanding your financial health. HRG provides in-depth, easy-to-understand monthly reports that keep you informed about your practice’s performance. We break down key metrics like claim submission rates, payment trends, and accounts receivable status. These insights allow you to make informed decisions and plan for future growth.

We Can Help

How HRG Solves Common Podiatry Billing Challenges

At HRG, we specialize in the unique billing needs of podiatry practices. We know that common billing issues can slow down your cash flow and lead to write-offs. Our team’s ability ensures these challenges don’t hold back your revenue potential.

We Handle Complex Podiatry Billing Issues Like:

Same and Similar DME Billing: We navigate the complexities of Podiatry DME code groups and billing rules, ensuring accuracy and compliance.

ABN and GA Modifiers: Our team uses the correct modifiers for Durable Medical Equipment (DME) billing, reducing denials.

Routine Foot Care Billing: We apply the appropriate Q modifiers for routine foot care services, ensuring compliance and faster reimbursements.

Referring Provider Requirements: We manage referring provider date requirements for diabetic patients, preventing costly errors and claim denials.

Why Choose Healthcare Revenue Group?

For over 20 years, Healthcare Revenue Group has partnered with podiatry practices to boost revenue and streamline billing. We know podiatry inside and out, and our services are tailored to meet the specific needs of your practice.

Key Benefits of Partnering With HRG:

Improved Cash Flow: We send accurate claims quickly to reduce delays and increase payments.

Reduced Denials: Our proactive approach minimizes billing errors and denials.

Transparent Reporting: We provide detailed monthly reports to keep you informed of your financial health.