Revenue Cycle Outsourcing for Multiple Practice Management Systems Among ReMedics’ clients are several Management Services Organizations (MSO) having a considerable number of affiliated Physician Groups. The MSO platforms provide a variety of non-medical administrative functions, such as billing and A/R collections activities, creating operational efficiencies and reduced overhead. This allows
Streamlined Exception Processing for Today’s Revenue Cycle From remittance processing and data validation through bank reconciliation, ReMedics works to automate our clients’ revenue cycle with minimal human intervention. By applying Robotics Processing Automation (RPA) and Machine Learning (ML) technology to our Business Process Outsourcing (BPO) Services, we also improve their
Reconciliation and Audit Controls for Autonomous Practice Groups According to an article published by Chief Healthcare Executive® in 2024, corporate entities acquired 5,300 physician practices in 2022 and 2023. The percentage of corporate-owned practices rose 11% in those two years, while hospital-owned practices rose 7.3%. In many cases, these practice
Revenue Cycle Services for Hospitals and Health Systems While ReMedics is primarily known for its services to Physician Practice Groups and Management Services Organizations (MSOs), we also reinforce and support revenue cycle staff for Hospitals and Health Systems. For provider organizations with a variety of hospitals and clinic locations, staffing
Revenue Cycle Services with a Single Cash Management Solution The use of multiple, independent systems typically occurs when a Physician Group or Management Services Organization (MSO) is active with mergers and acquisitions. This is especially true when it comes to allowing the individual business units or divisions to maintain practice
What’s Your Revenue Cycle Goals for 2025? Let’s Talk About Denial Prevention With the Right Data Validation Tools and Business Intelligence (BI) Technology, You Can Prevent Many of Your Denials Claim errors that lead to denials can have a significant impact on your revenue cycle by delaying or reducing payments
Revenue Cycle Services for Multi-Specialty Physician Practice Groups Solutions Designed for Multiple PM Systems For many Multi-Specialty Groups, having more than one Practice Management (PM) system isn’t that unusual. This is especially true for groups that have grown through mergers and acquisitions. In some cases, certain specialties may require unique
Reducing Errors and Denials with RPA & Machine Learning Healthcare claims and other billing documents contain a substantial amount of patient, provider and payor information that can originate from different HIT applications — which then leave room for error. Common issues include duplicate entries, incorrect coding and incomplete data. Any
Maintaining Your Autonomy with Joining or Forming an MSO With the formation of a Management Services Organization (MSO), efficiently processing and posting remittances for multiple practice management (PM) systems, clearinghouses and bank lockboxes can be challenge. This is especially true if all the groups are reporting to a single Tax