Achieving Success with Mergers & Acquisitions

While many practices gain leverage from joining larger entities, the changes often come with significant IT investment and loss of practice autonomy. ReMedics facilitates group consolidation with its uniquely connected single cash management platform in a multi-submitter, single receiver business environment. This service maintains autonomy for each business unit — without the need to change existing Practice Management (PM) Systems or their individual clearinghouses. With our co-shared outsourced solution, parent organizations can efficiently manage the revenue cycle for newly acquired or merged groups.

EMR & Practice Management System Conversion & Migration

If you’re planning to change your EMR/Practice Management System or need to run multiple systems for an extended period of time, ReMedics can work with your IT team to make that conversion easier. With our technology and workflow automation in place, we can split your remittance processing by division or business unit (utilizing the separate systems) so that you can continue to leverage your current investments and line of business systems without compromising revenue and cash flow.

Modernizing Your Payment Life Cycle with Automated Workflow Processes

The ReMedics solution for remittance processing modernizes the payment life cycle by eliminating manual work tasks associated with payment capture, check matching, posting, document indexing, remark/reason code translation, bank reconciliation and reporting. Our Business Process Outsourcing (BPO) options deliver a cost-effective alternative to inefficient, error prone tasks that allow your business office personnel to focus more on revenue generating activities and customer service.

Centralized Data and Document Management… Integrated with Your EMR & PM Systems

Service deliverables to our clients also include document management. As a by-product of our unique workflow, we provide a centralized location to obtain details on payments, denials and reimbursements. All correspondence and remittance documentation can be accessed by utilizing the ReMedics Client Portal, where documents are indexed at both the batch and patient folder levels for easy retrieval.

On-Premise Software Solutions for Posting to Multiple Billing Systems

Our technology business partner and sister company, RCMS, can provide on-premise software solutions to automate your remittance processing, data validation and treasury/bank reconciliation. Integrated to your existing EMR and PM applications, RCMS can deliver significant workflow automation and data quality improvements throughout the revenue cycle. Visit RCMS to learn more about their ReSolve^® A/R Management Platform and other solutions for larger Practice Groups, MSOs, Health Systems and IDNs.

Contact ReMedics

Contact us to learn more about our unique blend of outsourced services and workflow automation technology to assist your organization with making permanent revenue cycle improvements.