"Revenue Cycle Management"
Improve your revenues, bottom line, and Overall Patient Experience.
Doctors are quite concerned and they keep on complaining that their claims are getting denied and they are not happy with their billing system because it is not generating enough data for reporting.
The same way the office managers who are responsible for managing the revenue cycle, are also complaining about not having the right quality of billers available to make a big impact on the bottom line. At iPatientCare we have found the best way to cut through this frustrations and have designed an effective revenue cycle management services to meet the specific needs of doctors and office managers.
For more details contact us at Sales@iPatientCare.com.
#Healthcare #RCM #RevenueCycleManagement #RevenueCycleEnhancement
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Revenue Cycle Management Services
1. Improve your revenues, bottom line, and Overall Patient Experience
Revenue Cycle
Management
2. Doctors are quite concerned and they keep on complaining that their claims are getting denied and they are not happy with their billing system because it is
not generating enough data for reporting.
The same way the office managers who are responsible for managing the revenue cycle, are also complaining about not having the right quality of billers
available to make a big impact on the bottom line. At iPatientCare we have found the best way to cut through this frustrations and have designed an
effective revenue cycle management services to meet the specific needs of doctors and office managers.
We have tailored everything you would really need in this revenue management system.
3. Your claims can be denied due
to the following reasons:
Medical coding errors01
Missing information02
Simple administrative
mistakes
03
4. How can a sound revenue cycle
management process help you
Reduce the number of denials due to simple and
preventable errors
Immediate appeals can be filed to avoid delays
Submit denied claims before the deadline
5. The process we follow
Insurance
companies review
the claim for
accuracy and
legitimacy, taking a
variety of factors
into consideration
as they process
the claim.
Using medical coding,
billable fees are
submitted to the
health insurance
company so that it can
determine how much
amount of the bill the
company is
responsible for paying.
After a patient
visits your practice
and receives
services, the
claims submission
process begins.
Our team will try to
find out as many
details about the
status of the claim
as possible,
including if any
additional
information is
required to make a
decision on
payment.
Follow up will be
initiated with the
insurance
companies to
ensure your
practice receives
payment in a
timely manner
Once the claim has
been fully
assessed, the
insurance
company will
either accept or
deny the claim
6. Customized
Solutions
Customized medical billing
services options allow you to
outsource as much or as little as
you require. Outsourcing your
medical billing and coding plus
collections can free up resources
and reduce administrative costs of
your practice. Allow yourselves to
focus more on care and
expanding the practice.
You can select iPatientCare
RCM services in one of the
following two alternatives:
1
7. Referral Submission & Tracking04
Electronic remittance and payment posting05
Demographics and Claims
Entry/Submission/Reconciliation
06
Account Receivable Follow-up 01
Denials and Appeals Management 02
Eligibility Verification with Payers 03
Our customized billing services include:
We can collaborate with your team to customize a solution that best aligns with your
organization’s needs and strategy.
8. Is your revenue suffering
because of incompetent
processes and people? We
can help you manage them in
a better way. Our end-to-end
Revenue Cycle Enhancement
provides you an integrated
clinical and financial platform
that helps you with advanced
analytics, improved payer
connectivity and enhanced
the patient experience that
can meet the opportunities
and challenges faced in your
practice. It is designed to
raise the standard of your
Revenue Cycle management
with a functional and
integrated approach and help
you achieve your financial
results.
Revenue Cycle
Enhancement
Enhancement2
9. Here are some most desirable
benefits of Revenue Cycle
Enhancement:
An end-to-end Integrated Technology solution
FREE Meaningful Use Compliant EHR for efficiency
Advanced technology-assisted coding platform for avoiding
coding errors
Six levels of edits including custom edit
Experienced billing professionals
Single platform for claims management and adjudication
Real-time adjudication
Proactive denials management
Predictive analytics and business intelligence with extensive
reporting for improving outcomes and financials
Dedicated single-point-of-contact for the complete solution
and services