comprehensive RCM management services
We take responsibility for all aspects of the revenue cycle, from front-end registration to back-end collections
Complete RCM Management
Our comprehensive RCM management services provide a holistic approach to optimizing your revenue cycle. We take responsibility for all aspects of the revenue cycle, from front-end registration to back-end collections.
- Key Services
- Patient registration and scheduling
- Eligibility verification and pre-authorization
- Charge capture and coding
- Claim submission and follow-up
- Payment posting and reconciliation
- Denial management and appeals
- Accounts receivable management
- Collections and patient follow-up
- Performance reporting and analytics
- Plan Strategies to increase revenue
- Benefits
- Improved cash flow and revenue cycle performance
- Reduced administrative costs and overhead
- Enhanced patient satisfaction
- Increased staff productivity
- Access to expert RCM guidance and support
Complete RCM Management: A Holistic Approach to Revenue Cycle Optimization
At MedBill pro, we believe in a holistic approach to revenue cycle management. Our comprehensive RCM solutions go beyond traditional billing services, encompassing all aspects of the revenue cycle to maximize your financial performance and improve patient care.
Patient Registration and Scheduling
We help you automate your revenue process by delivering the most accurate & complete claims data.
Eligibility Verification and Pre-authorization:
We verify patient insurance eligibility and obtain necessary prior authorizations, reducing the risk of denials and ensuring timely patient care.
Charge Capture and Coding
Our experienced coders accurately capture and code all services rendered, ensuring proper reimbursement and minimizing the risk of audits.
Claims Submission and Follow-up
We efficiently submit claims to all payers and diligently follow up on any outstanding claims to ensure timely reimbursement.
Payment Posting and Reconciliation
We accurately post payments from all payers, reconcile bank statements, and identify any discrepancies.
Denial Management
We proactively analyze and address denials, identifying root causes and implementing corrective actions to prevent future denials.
Accounts Receivable Management
We employ a multi-channel approach to follow up on outstanding accounts receivable, including patient communication, payment plan options, and legal collections when necessary.
Performance Reporting and Analytics
We provide you with comprehensive reports and analytics on key revenue cycle metrics, enabling you to track your progress, identify areas for improvement, and make data-driven decisions.
Benefits of Our Complete RCM Management
Improved Cash Flow
By optimizing all aspects of the revenue cycle, we help you accelerate cash flow and improve your financial stability.
Increased Revenue
We maximize reimbursement rates, minimize denials, and identify new revenue opportunities.
Reduced Administrative Burden
By outsourcing your entire RCM to us, you free up your staff to focus on patient care and other critical tasks.
Enhanced Efficiency
We streamline your revenue cycle processes, improving operational efficiency and reducing administrative overhead.
Improved Patient Satisfaction
By streamlining the patient experience and improving communication, we contribute to increased patient satisfaction.
Data-Driven Decision Making
We provide you with the data and insights you need to make informed decisions about your revenue cycle operations.
Technology-Driven Solutions
We leverage advanced technology to optimize your revenue cycle, including
Practice Management System (PMS) Integration
Seamless integration with your existing PMS for improved data flow and reduced manual entry.
Electronic Data Interchange (EDI)
For fast and secure transmission of claims to payers.
Electronic Funds Transfer (EFT)
For faster and more secure payment processing.
Business Intelligence and Analytics Dashboards
Real-time dashboards and reports that provide valuable insights into your revenue cycle performance.
See why MedBill is the best.
High Reimbursement Rate
- 95% success rate on first submissions
- 95% success rate for prior authorizations & pre-certifications
Fast Turnaround Times
- Less than 5% accounts receivable outstanding for over 90 days
- Denial management within 24 hours
- Rejection handling within 24 hours
- Claim submission within 24 hours of receiving them
- 12-day average Medicare turnaround
- 7-day average Medicaid turnaround
- 15-day average commercial turnaround
Excellent Customer Support
- Dedicated account manager
- 24/7 phone and live chat support
MedBill Pro stands out for its exceptional performance and unwavering commitment to client success. With a 95% success rate on first submissions and prior authorizations, they ensure your claims are processed efficiently and accurately. Their rapid turnaround times, including 24-hour denial management and rejection handling, minimize delays and maximize reimbursement. Coupled with a dedicated account manager and 24/7 support, MedBill Pro provides the comprehensive and responsive service you need to streamline your revenue cycle and focus on patient care.
Reduce Administrative Costs by up to 45%
Experience a significant boost to your bottom line with our proven strategies. By slashing administrative costs by up to 45%, you can unlock new levels of efficiency and profitability. This translates to reduced overhead, improved cash flow, and the ability to invest in growth and innovation within your practice
Optimize your anesthesia practice's financial health with MedBill Pro – Click now to elevate your billing and coding to new heights!
Comprehensive Support
24/7
Get your billing right, anytime! Our 24/7 DEDICATED BILLING SPECIALISTS are always on, ready to boost your revenue. No breaks, no delays, just non-stop billing support for your RCM needs. Ready for hassle-free billing? Hit us up now and see how we keep your cash flow healthy.