Revenue Cycle Management Workflow Automation

Workflow Automation and Revenue Cycle Management

Improving the Revenue Cycle with Workflow Automation Solutions for Departmental or System-Wide Needs As providers and health systems attempt to make improvements in their revenue cycle, not everyone experiences the exact same problems where the need for a solution becomes a priority. From patient registration through bank reconciliation, there are numerous areas in patient finance

post-merger systems integration

Streamlining Post-Merger Integrations

Streamlining Post-Merger Integrations When merging two or more practice groups together, there’s a considerable amount of work to be done in negotiating agreements and in working through all of the organizational details. Some may say, however, that after the papers are signed, the real work is just getting started. When it comes to the revenue

Multi-Submitter, Single Receiver Payment Processing

Multi-Submitter Payment Processing for Practice Group Aggregation

Working in a Multi-Submitter, Single Receiver Business Environment  For aggregated Physician Practice Groups that operate with business unit autonomy, health insurance payors will often combine payments generated by claims that originated from different divisions. These co-mingled batch files received from the Clearinghouses, require us to split the EDI payments within the Electronic Remittance Advice (ERA)

ReMedics RCM Outsourcing Services

Augmenting Your Billing Staff

Augment Your Billing Staff with Outsourced Payment Processing For many physician groups, medical clinics and MSOs, staffing shortages in the business office have contributed to a variety of cash flow obstacles. A/R backlog continues to affect cash management as the volume of unpaid claims and denial rates remain a constant challenge. In a recent article

multi-vendor aggregated data

Integrated Solutions for Aggregated Environments

Managing Cash Flow in a Multi-Vendor Environment  For larger practice groups and MSOs, the complexities of a multi-vendor environment can often inhibit efficiency and adversely affect cash flow. This is especially true for organizations with business units using a variety of EMR/Practice Management (PM) Systems and Clearinghouses to capture charges, process claims and receive payor

physician group merger

Case Study | Merging Practice Groups with Multiple PM Systems

Case Study Preview: A Collaboration of ENT Practice Groups  A new case study published by ReMedics features a collaboration of four ENT Physician Groups that treat over 20,000 patients a year. They currently have over a dozen combined locations, providing comprehensive medical and surgical care. The individual practice groups desired to maintain their business autonomy,

Parsing EDI payment transactions for reconciliation

Case Study | Parsing EDI Payments for Distribution

Case Study: Automated Parsing of EDI Transactions A case study published by ReMedics features a podiatry practice group with over 100 board certified podiatrists and a network of approximately 80 office locations. The client was receiving EDI transaction payments for multiple business units/divisions within a single ERA file from their Clearinghouse. Further complicating matters, each

Practice Group Mergers

Maintaining Bank Relationships with a Practice Group Merger

How to Keep Your Banking and Clearinghouse Relationships with a Practice Group Merger  Banks provide several key services in the revenue cycle, starting with being the recipient of funds as well as EOBs and correspondence via lockbox services. Clearinghouses are are integral to healthcare providers in order for them to forward claim information and receiving

ReMedics workflow automation

Modernizing RCM with Automated Workflow Processes

Modernizing Revenue Cycle Management with Automated Workflow Processes   In order to modernize the revenue cycle for your organization, manual efforts associated with payment capture, check matching, document indexing, remark code translation, posting and bank reconciliation need to be minimized. If automated workflow seems out-of-reach for your organization, then finding an experienced, cost-effective outsourcing partner should