Revenue Cycle Management (RCM) Service
Managing Revenue Cycle
Managing revenue for medical practices can prove challenging due to the complexity of payor requirements. Hence, our Revenue Cycle Management (RCM) Service can help by ensuring accurate and timely billing through certified medical coders. Therefore, fewer claim denials and higher reimbursement ultimately improve revenue.
Accordingly, our team is dedicated to helping you optimize your revenue cycle by verifying eligibility and benefits coverage, clinical documentation standards, and adhering to payor rules and mandates. Thus, accurate patient information and clean claims are vital for a successful revenue cycle.
Further, to achieve financial success, it’s essential to understand all revenue cycle sources and utilize tools and expertise to collect payments from insurance, patients, and data. Finally, our team can assist you in increasing profits and ensuring timely payment for healthcare services, ultimately helping you achieve financial success and increase revenue.
Revenue Cycle Services
Initial Credentialing is Free. Our expert staff reaches out to the carriers of your choice to obtain network status.
Fee Schedule Analysis. We will help research proper change levels. And we enter the allowed amounts from the network contracts received to track and uncover any false refunds.
Workflow Consulting. Our leadership staff has over 100 years of combined experience.
Carrier Contract Advice. There are pitfalls to avoid in contracts and situations that may cause you to choose non-network status with challenging carriers.
Additional Professional Resources are Available.
Coding Expertise. The ebix team offers certified coding staff to “abstract” codes from provider documentation or review your code for accuracy and completeness. We offer Chart audit and staff education. Revenue and a clean audit are the results of our efforts.
Fees based on Results.
There won’t be any surprises. You won’t have to pay extra for postage, claims, statements, or custom reports.
Submit claims quickly to avoid delays or write-offs. Your billing will be processed immediately when received, so submit it properly to prevent issues.