Power BI Analytics

Analytical Insights for a 360-Degree View of Your Business

Using Power BI Analytics to Increase Revenue   By utilizing analytical solutions with Microsoft’s Power BI, ReMedics provides our Physician Group and MSO clients with data visualization tools that help them to make informed, knowledgeable decisions that lead to permanent revenue cycle improvements. By identifying and addressing negative trends and inconsistencies in key RCM areas, we

Proactive Follow Up in the Revenue Cycle

Identifying Accounts Needing Proactive Follow Up   Revenue improvements can take place by making incremental changes in many different RCM areas — from Patient Registration and Remittance Processing, all the way through to Collections. In this article, we focus on automating and improving collection and follow up activities. With patient liabilities continuing to rise, it’s

Denial Management Trends and Analysis

Identifying Hidden Trends in Your Revenue Cycle

Analyzing Trends in the Revenue Cycle for Applying Permanent Change   Having an accurate view of your daily billing and posting data is just one step in effectively managing revenue cycle improvement processes. Looking at historical and current data over a longer period of time, however, can help to identify hidden trends where revenue and/or cash

Treasury Reconciliation

Segmenting Bank Deposits by Business Unit

Segmenting Practice Group Bank Deposits by Business Unit For many of our clients, having the ability to segment bank deposits by business unit saves them a considerable amount of time and effort in managing their funds distribution. With ReMedics Treasury Reconciliation Services, bank deposits are segmented, balanced and reconciled daily for divisional and corporate-wide groups.

Claim Denials

Isolating Claim Defects and Denials

Isolating Claim Defects and Preventing Denials with Automated Process Improvements  Errors and defects in medical claims are inevitable. A small percentage of them will eventually turn into a denial. How you handle defects and exceptions, however, can lead to significant dollars being delayed, or lost entirely, due to the additional work being required to collect

Exception Worklists

Exception-Based Work Queues for Improved Efficiency

Automated Exception-Based Work Queues Improve Customer Service, A/R Collections, Denials and Appeals Management  ReMedics utilizes workflow automation technology to automate the creation of exception-based work queues, significantly improving staff efficiency for common Customer Service and A/R functions. These exception worklists and work queues are auto-generated to improve specific areas of need, such as: appeals; denial

revenue cycle reporting analytics

Revenue Cycle Reporting & Analytics

Unlock Your Revenue Potential with Detailed Reporting, Scorecards & Data Analysis One of the many benefits of using ReMedics for your outsourced remittance processing, data validation and bank reconciliation needs, is the detailed reporting that we provide to your management team. ReMedics Reporting & Analytics solutions help you to visualize and analyze revenue cycle data

Converting Paper EOBs to 835 Normalized Data

Utilizing Advanced OCR Technology for Converting Paper-Based EOBs One of the many technologies used by ReMedics to automate payment processing for our healthcare clients is Optical Character Recognition. Utilizing OCR technology, text is extracted from an image, such as paper-based EOBs, and converted into machine readable data. The problem with processing paper EOBs is they

Denial Management Reporting

Denial Management and Prevention Strategies

Creating Permanent Change in Revenue Cycle Management… Denials Then and Now In the early days of denial management, the flow of rejected payments or underpayments was typically dealt with as a reactionary defense measure. Using technology to improve data capture and other denial prevention strategies took a back seat to working the denials after they

Steps to Improve the Revenue Cycle

Six Steps toward Revenue Cycle Improvements

Taking Control of Your Business Office and the Revenue Cycle Let’s face it, unstructured business content plagues practically every healthcare organization. It’s the content that resides outside your organization’s core systems and processes. For patient care, it’s the patient information – paper or electronic – that exists outside your EMR. In patient finance, it’s the