Transforming Manual, Inefficient Processes and Reconciliation into Automated Workflows 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. Utilizing workflow automation and data validation technology, your organization can
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
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.
Outsourced RCM Services Designed to Grow with Your Business Mergers and acquisitions that include the use of multiple billing systems can bring a significant amount of manual work to reconcile, distribute and report on all payments being posted or re-worked. As organizations grow by adding dozens or more business units and multiple HIM sources, having
Managing Revenue Cycle Processes for Multiple Clearinghouses to a Centralized Single Receiver Our client’s Clearinghouses and Banks play a key role in how medical claims are submitted and how insurance payors provide reimbursement back to the physician group. Clearinghouse services go beyond just claim submission and remediation. Their services can also include eligibility and benefits
