Our Services
Billing & Collection Analysis
A thorough analysis of your practice’s billing and collection process to ensure complete, timely, and accurate reimbursements.
Billing & Collection Services
Full-service RCM services from charges to collections. Our team can also analyze your EMR system, through both clinical and administrative aspects, to improve claim returns and reinforce HIPAA.
Payments
Analysis of credit processing rates, patient payments and statements, and any barrier that could be impeding maximum cash intake for your practice.
Billing Staff Training
Working across many practices requires constant education and awareness of medical billing best practices and changes with insurance carriers. We can work with your existing staff to make sure they have all the information needed to optimize the practice’s billing and reimbursement.
Medical Billing
Comprehensive revenue cycle management solutions, advanced payment technology, expert billing and coding assistance, and personalized consulting services to optimize the billing and collection processes for healthcare organizations and improve their financial performance.
Free Audit
Get a free audit of your revenue cycle management process today.
Free Audit
Our company offers a free audit of healthcare organizations’ revenue cycle management processes to help identify areas for improvement and optimize financial performance. Our team of experts will conduct a thorough analysis of the organization’s billing and collection practices, including claims processing, coding, and documentation, to identify any issues or inefficiencies that may be impacting revenue. Based on the findings of the audit, we can provide customized solutions to address specific challenges and help the organization optimize its revenue cycle management processes. This free audit provides a valuable opportunity for healthcare organizations to gain insight into their billing and collection practices and identify areas for improvement without any cost or obligation.
FAQ
What is RCM in healthcare?
RCM stands for Revenue Cycle Management, which refers to the process of managing the financial transactions involved in healthcare, from patient registration and insurance verification to billing and payment collection. The goal of RCM is to optimize the revenue generated by a healthcare organization while also ensuring that patients receive timely and accurate billing information.
Is RCM the same as billing?
While billing is a critical component of the revenue cycle management process, it is not the same as RCM. Revenue cycle management encompasses the entire financial cycle of healthcare services, from the patient registration and insurance verification process to claims processing, payment posting, and collections. Billing is just one part of the RCM process, which involves generating and submitting claims for services provided to patients, verifying insurance coverage, and collecting payments.
Why is RCM management so difficult?
The short answer is, ensuring accurate and timely claims processing. This involves navigating complex billing regulations and guidelines, staying up-to-date with changes in reimbursement policies, and ensuring that claims are submitted with complete and accurate information. Incorrect or incomplete claims can lead to payment denials and delays, which can have a significant impact on the financial performance of healthcare organizations.