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Saturday 19 January 2013

Revenue cycle management

Posted by medproideal On 05:50



Have you started feeling that your business is slipping out of your hands and are you looking for a solution? The solution to your problem lies in the proper revenue cycle management. The cycle begins when the patient gets an appointment fixed by providing all the required details and it ends when their account balance goes nil after availing all the required services.


Vital features:


• The electronic revenue cycle process helps in saving the time of the staff which can further be used for following up of pending claims and recovering the balances.
• All the tasks are automated and as a result they can be deputed for communicating with the payers.
• The cost of paper is very much reduced.
• Online payment can be made like in any other transaction.
We, at Med Pro Ideal Solutions, ensure that irrespective of the volume of your practice, you get the complete billing solutions that suit all your needs. Our solutions for medical bills are absolutely reliable, accurate, and also affordable. The advantages of our systems are that they ensure better income, least errors and expenses.

What we focus on:


• Shifting data from one to another software
• Insurance eligibility and authorization
• Review of finance with monthly report
• Complete solutions for accounts receivable
• Negotiation of contract
• Generating patient’s statement
• Entries of charges and payments
• Any other service that you may require from time to time

Two options:


Our solutions have a few models from which you can choose from, depending on your needs. One of them is the eClinical Works PM & HR which is provided free of cost along with the billing services. This service does not involve any license fee, or support and maintenance. The second option is the current software that we base on the variety of EHR software currently used in the market and we ensure that you get the maximum revenue.

Advantages:


The best part of availing our services is our pricing. It is highly competitive in structure and is client’s requirement based. We trust our clients to such an extent that we only enter into a service level agreement that suits the requirements of the individuals. Since most of the A/R balances are very much past the due dates and the chances of recovery of the amount is also very remote, we help you to collect the amount and thereby increase the A/R. We also help you with pursuing the rejected and disputed claims with intense follow-up and sorting out the problems of improper coding and materials needed for the same. Even if you are a new practitioner, we ensure prompt and quality service. Your account will be created within two or three days and immediately you can start working on it. Any doubt you have will be sorted out within seconds.As we are aware that the success of the technology lies on the understanding of your staff and how efficiently they use it so that greater profitability is achieved, we provide training to your staff and support you at any point of time.

Revenue Cycle Management

3 comments:

  1. Its amazing post. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. keep posting such an interesting things
    revenue cycle management company

    ReplyDelete
  2. I think everyone will choose the second option: to maximize revenue. Who doesn't want to maximize revenue while working on revenue cycle management? Very well written article, thanks for the info!

    ReplyDelete
  3. I am looking for an expert in revenue cycle management, does anyone know of one?

    ReplyDelete

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