Revenue Cycle Management
Decrease Stress and increase your revenue with Medbill RCM
Are you struggling to save your lost revenue? You need experts for professional-level revenue cycle management of your practice. We at Medbill RCM provide exceptional revenue cycle management for hospitals, solo practitioners, and private clinics to achieve speedy reimbursement and financial success for your business. We believe that every business is unique, so we provide comprehensive and customized RCM billing services, allowing healthcare professionals to focus solely on patient care. With years of expertise and experience in the RCM system, we have become a preferred choice among our competitors. Connect with us now to reduce your stress levels and maximize your revenue.
Our Revenue cycle management workflow
Patient Registration
Our RCM services start with patient registration or appointment booking. Our team of experts double-checks the information of both new and returning patients.
Charge Capture
We at MedBill RCM have a team of experts who make sure to document the patient’s electronic health record (EHR) after they attend appointments as part of our revenue cycle management services. These records include patient history, diagnosis codes, encounter notes, follow-up data, medicines, lab results, and assessments.
Coding
Then, our medical coding team records the healthcare standard procedure coding system (HCPCS), diagnosis, and current procedural terminology (CPT) codes based on clinical documentation. It helps to ensure fair reimbursal for the service.
Claim Submission
Our exceptional revenue cycle management system involves a billing team entering the claim’s charges on a medical billing system or a CMS-1500/UB-04 form and send it electronically or to the clearinghouse.
Claims Follow up
We at Medbill RCM, follow revenue cycle management best practices. Our back-end team will keep track of the claim submission date and check on its status with a consistent follow-up at least once every 30 days.
Denials and Appeals
Our comprehensive RCM consulting services ensure to address any denials in the claims by locating the underlying issue and filing a reconsideration request, or a revised claim.
Payment Posting
This is a crucial step of our revenue cycle management consulting services. Our expert billing team inputs payer reimbursement into the system to give an overview to healthcare providers about their financial situation.
Waitlist Management
We offer effective waitlist management services to optimize patient appointment scheduling systems. Our team can help in managing waitlists efficiently, reducing wait times for patients, and filling open appointment slots.
Provider Schedule Optimization
We at MedBill RCM, allow healthcare providers to maximize their productivity with our streamlined patient scheduling process while reducing wait times and improving patient access.
Let’s Skyrocket your Revenue Together
Outsource your RCM to the best revenue cycle management vendors in the USA. We at MedBill RCM, take pride in being one of the leading providers of revenue cycle management outsourcing. We use advanced strategies to determine issues in your Revenue Cycle management system and suggest changes to resolve or improve them. Medbill RCM is your one-stop solution for dealing with a variety of medical billing challenges, including missed charges, underpricing, non-reimbursed errors, coding errors, and more, thus preventing healthcare practitioners from significant revenue loss each year. We have a team of RCM experts who can help reduce your workload and maintain your cash flow. So, If you’re looking for exceptional revenue cycle management companies in the healthcare sector, contact us today. We can help you streamline your billing process and revenue cycle.
