Introducing Our AI & Workflow Automation Technology Partner…
From Lockbox Payment Processing to Correspondence Management and Bank Reconciliation to Funds Distribution, ReMedics can help your healthcare organization with a variety of customized Revenue Cycle Management (RCM) outsourcing services. ReMedics also ensures that correct information is applied to your EMR or Practice Management (PM) System by cleansing the data prior to payment posting. In order for us to accomplish this work, as efficiently and accurately as possible, requires the use of several forms of AI & workflow automation technologies.
Meet Revenue Cycle Management Solutions, LLC (aka RCMS)
RCMS, LLC is our technology business partner and sister-company with common ownership. We share the same building address, with offices divided by a separate Operations Team, Customer Support, Management, and other staff members. The Executive Team and many of today’s employees have had a long history of working in healthcare — for Hyland Software (OnBase®) or for Computer Systems Company, Inc., later doing business as ‘The CSC Group’. From its founding in 1964 to 2010, The CSC Group was best known for the development and implementation of its PAPERS software, an acronym for Patient and Provider Electronic Record System. Created in 1992, it was the first A/R Management platform of its kind that facilitated simultaneous connectivity and revenue cycle workflow to multiple host billing systems such as EPIC, Siemens Invision, GE Centricity and Cerner Millenium, just to name a few. PAPERS also utilized Hyland’s OnBase® for its document capture and Enterprise Content Management (ECM) capabilities.
Today, RCMS’ ReSolve® technology provides ReMedics with the ability to capture, validate, parse and reconcile our client’s 835 payment data prior to posting. It’s proprietary rules-based technology scrubs ANSI 835 payment data before it gets uploaded, significantly reducing defects that can lead to kick-outs and denials. Using Intelligent Workflow and Machine Learning with Robotics Process Automation (RPA), the ReSolve® A/R Management Platform enhances and streamlines a variety of Revenue Cycle Management (RCM) processes for healthcare provider organizations in all fields of medicine.
RCMS Solutions for Enhancing Revenue Cycle Management (RCM) Automation
- A/R Management & Treasury Integrations
- Business Intelligence (BI) Reporting
- Business Process Management (BPM)
- Data Aggregation & Warehousing
- Document Capture, Indexing & Classification
- ERA Splitting/Parsing
- OnBase® Enterprise Content Management (ECM)
- Optical Character Recognition (OCR) to ANSI 835
- Point-of-Service (POS) Cash Collections
- ReSolve® Revenue Cycle Management (RCM) Software
- Robotic Process Automation (RPA)
- Systems Integration, Connecting Disparate Data Silos
- Systems Management & Support Services
- Workflow Automation
Multiple System Solutions for Central Billing Offices (CBOs) and Shared Service Centers
RCMS is uniquely positioned to automate the splitting of co-mingled remittance transactions so that payments can be associated with the appropriate EMR or PM System and division (or business unit) — while also maintaining batch integrity. With ReSolve®, commingled ERA files are captured, ingested, and matched against corresponding bank deposits. ReSolve® Treasury Workstation then turns payment reconciliation into an exception-centric workflow and automates any items that do not require human intervention. This module provides end-to-end reconciliation from bank deposits to the payment application and into the host billing system.
ReMedics Revenue Cycle Services
Working with ReMedics for your payment processing & posting requirements, Physician Practice Groups, MSOs, Regional Hospitals and Health Systems can automate their revenue cycle and reduce errors that lead to non-payment and denials. With the use of ReSolve®, we can verify that all of your payments have been correctly applied to the appropriate EMR/PM System and patient record — and that all available funds have been distributed to all business units or divisions as required.
Contact ReMedics here — or call 440-671-7700 to schedule a presentation of our services.