End-to-End Remittance Capture, Bank Reconciliation & Correspondence Management If your staff is currently overloaded with slow, time-consuming processes to accurately reconcile and post all of your payments (electronic and paper-based), then outsourcing this part of your revenue cycle may be an option to consider. With the right vendor utilizing workflow automation technology and data validation,
Maintaining Timely, Accurate Payment Posting for Multiple PM Systems with Revenue Cycle Outsourcing Services Physician Practice Groups put significant training, IT resources and investment into their Practice Management (PM) Systems. These applications include billing processes and reporting tools that are critical to the financial health and cash management of an organization. Since significant investment has
Revenue Cycle Outsourcing (RCO) Services for Complex Business Environments Our client’s Clearinghouses and Banks play an important role in how medical claims are submitted and how insurance payors provide reimbursement back to the organization. Clearinghouse services go beyond just claim submission and remediation. Their services can also include eligibility and benefits checking, referral authorization, and
Streamlined Workflows for Improved Processing Speed and Data Accuracy Automating the Capture and Routing of All Payments and Correspondence In order to streamline remittance processing work with minimal errors, ReMedics enhances the data capture of all payments to include adjustments, zero pays and comments. Integrated to any major Practice Management (PM) System (or multiple systems)
Automated Payment Posting and Reconciliation, Matched to Bank Deposits In today’s healthcare business office, complexities associated with numerous payment sources, along with robotic denials and adjustments by payors, can lead to delays in reimbursement and loss of revenue. Challenges with multiple payment streams and billing/coding errors ultimately reduce profits for provider organizations of all sizes.
