Healthcare Extended Business Services

Outsourced Solutions for Accelerating Cash Flow

Applying Technology + Systems Integration to Extended Business Office Solutions  For healthcare providers who are experiencing staffing shortages and/or bottlenecks in various stages of their revenue cycle, it may be worth investigating Extended Business Office (EBO) options. Identifying the right vendor, however, for your specific needs is critical to making the transition (to outsourcing) as

Core Principles of Cash Management

The Core Principles of Cash Management  

ReMedics Core Principles of Cash Management   Many of today’s automated solutions still generate a significant percentage of payment exceptions and defects. ReMedics specializes in revenue cycle optimization and the prevention of reimbursement delays with the use of AI, Robotics Process Automation (RPA) and Enterprise Content Management (ECM). With these technologies, ReMedics ensures that correct

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)

Single Cash Management Platform

Exploring the Benefits of a Single Cash Management Platform

Combining BPO Services with a Single Cash Management Solution  While many Physician Practice Groups currently use a Business Process Outsourcing (BPO) vendor, they may not have ever investigated the potential benefits of using of a combined BPO Services + Single Cash Management Solution. Let’s take a look at why this type of outsourced service may

Using a Single Cash Management Platform

Strategies for Maintaining Billing Processes and Cash Flow Physician Practice Groups, MSOs and DSOs put significant training, IT resources and investment into their Practice Management (PM) Systems. These applications include billing processes and reporting tools that are the backbone of being able to manage and measure the financial health of an organization. Since significant effort

Leveraging a Single Cash Management Platform

Centralized Payments, Denials and Reimbursements The ReMedics’ Business Process Outsourcing (BPO) solution offers a fully outsourced payment processing solution designed specifically for the physician aggregation business model. By leveraging a single cash management platform, ReMedics manages the data capture, parsing & batch balancing, validation, bank reconciliation & funds transfers through custom designed workflows for all