Services
We offer a variety of services in Revenue Cycle Management.
Our services and benefits are mentioned below.
Revenue Cycle Assessment
We implement efficient and innovative ways to capture and collect revenue without disrupting the operations and alienating staff.
- Improved accuracy in information
- Better documentation
- Shortened time frame
- Reduced outstanding AR days
- Lower bad debt write offs
- Increased cash flow
Patient Access Assessment
We offer solutions to the ongoing struggle to establish and maintain adequate patient access procedures that comply with government and third party insurance vendors.
- Easy scheduling
- Better documentation
- Increased pre-verification of insurance
- Improved patient satisfaction and convenience
- Reduction of associated claim denials
- Real-time collection of insurance deductibles
Management Services
We will address the obstacles in establishing and maintaining acceptable operating margins.
- Improved efficiency
- Shortened time-frame
- Reduced outstanding AR days
- Lower bad debts and charity write-offs
- Streamline existing processes
- Establish greater integration among systems
Virtual Manager
We offer a more affordable alternative for small and mid sized clients who can’t afford to employ full time account managers.
- Affordable alternative to hiring full-time patient account managers
- Continuity of management services
- Access to experts in the revenue cycle management
- Ongoing monitoring of performance
- Extra emphasis on achieving department cash goals
- Mentoring and education of key personnel
Managed Care: Audit and Recovery
We will promptly identify and recover underpayments from managed care payers there by improving cash flows.
- Increased cash flow
- Capitalize on lost revenue
- Improve future billing practices
- Educate staff
- Discover contractual issues
- Making necessary adjustments when re-negotiating terms
Insurance Contract Negotiations
We aid in effective negotiation and re-negotiation of managed care contracts with better understanding of the market and prevent unnecessary revenue losses.
- Ensure competitive position in managed care contract provisions
- Reduce the possibility of disproportionate outcome
- Managed care contracts in balance with market competition
- Optimizing revenue on related services revenue
- More informed and data backed decisions
- Fair and competitive contracts resulting in better revenues
Contract Essentials
We will aid to evaluate contracts to identify and expose clauses and provisions that impose unnecessary charges, restrict time frames for claims and hamper the client’s ability to obtain adequate reimbursement.
- Understand the financial implications of the Managed care contracts
- Educate staff
- Modify financial systems to capture all negotiated reimbursements
- Make informed and intelligent decisions on managed care contracts
- Fair and competitive contracts resulting in better business
