Providing the Tools to Maximize Staff Resources, Decrease Denials and Increase Cash Collections
Healthcare Revenue Cycle Management (RCM) is one of the most complex, ever changing dynamic industries in the USA. Denials are a line of business for the insurance companies, so you need experts and/or expertly designed technology allowing you to impact actual denials as quickly and efficiently as possible — while keeping overhead at a minimum. As they say, time is money.
In providing RCM services to our clients, ReMedics deploys robotic process automation (RPA) and other technologies to efficiently manage rejections, denials, posting and reconciliation. Understanding what works, and what doesn’t work, will help to guarantee that your aging doesn’t creep up and that your business stays in the green.
Identifying Potential Errors & Root Causes
ReMedics can automate many areas to assure that staff are focused on priorities in every RCM department. We also help to mitigate potential billing and payment delays as this is fundamental to cash flow. Instead of working on problems as they arise, our proprietary A/R Management system identifies potential errors and highlights the root cause. The system can also provide recommendations for a fix and/or puts in place a script which corrects the issues so that it doesn’t continue to happen. This is paramount to prevent denials and delays in a scalable manner.
Winning with Client Satisfaction
Here at ReMedics we are more than just an outsourcing vendor, we are a partner to our clients. We take the time to understand the needs of our clients, understand the strengths of our client’s current staff, and put time into ensuring we understand what would be classified as our clients WIN. What is a WIN, you ask? To us a WIN is “Client Satisfaction”. That is what’s most important to us.
If you need staffing but can’t find the right resources, or don’t have the budget to hire more, we can assist with analyzing your day-to-day denials, putting in automation for the “easy fixes”, and assisting your staff in focusing on the hard denials. In closing, ReMedics is here to provide a variety of services to improve your revenue. Let us collaborate with you to decrease your denials, increase your cash, and maximize your time.
Contact ReMedics today to discover what we can do to help manage your denials and put RPA technology to work on your revenue cycle.
Sincerely,
Lorena Phillips
ReMedics Director of Client Engagement