RCM Services and Medical Billing Companies

EHR

Email: Sales@ipatientcare.com

RCM

MACRA

PMS

Website: www.ipatientcare.com



In our healthcare system, Revenue Cycle Management manages your office’s claims, bills, payment and revenue generation. In order to efficiently manage the patient revenue cycle of your office, you will need a medical billing software or practice management software that allows you to effectively keep track of the claims process.



iPatientCare can manage the complete healthcare revenue cycle process that includes everything from determining patient eligibility, collecting their copay, coding claims correctly, tracking claims, collecting payments and following up on any denied claims.

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

All practices are struggling to stay ahead for patient billing. But are encountering some problems such as: 

Staff is not trained or educated in a proper manner, and they might be overlooking coding errors, incorrect data entry or simply a failure to understand how their job affects the revenue of the office. These mistakes can turn out to be very costly for the practices.



Lack of communication between physician and office manager - It is vital that everyone understands their role in the office’s revenue cycle. Therefore, communication between physicians and office managers must remain open and weekly meetings should occur, to review the financial reports including accounts receivables, collections, and revenue.

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com



Poor Workflow – there should be a check for patient eligibility and copay amounts before the patient arrive. Without an established workflow, your staff can end up missing steps and/or forgetting tasks which end up in increased errors and more delays in getting paid.



Besides the above problems, CMS rejects around 26% of all claims and 40% of these claims are never resubmitted. This results in 10% loss of revenue per physician. With help of iPatientCare, you can easily manage your revenue cycle processes and workflows in place, your office can increase payments while decreasing bad debt write-offs. For this reason, it is a must to have an office consultant or medical billing company that specializes in Revenue Cycle Management. They can address your problems in training, communication, and workflow.

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

 The responsibilities of the revenue cycle can become overwhelming and conflict with other offices duties such as PQRS, Meaningful Use, managing employees, or other administrative tasks.

However, that shouldn’t keep your office from becoming financially efficient. Optimizing your revenue cycle, and partnering with Revenue Cycle Management Company like iPatientCare will help you get most out of your office’s revenue cycle.  iPatientCare also provides the facility of customized medical billing services options such as – account receivable follow-up, denials and appeals management, eligibility verification with payers, referral submission & tracking, electronic remittance, payment posting, demographics, and Claims Entry/Submission/Reconciliation.

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

      

Free Meaningful Use Compliant HER Six levels of edits including custom edits 24 hours availability with disaster recovery Extensive reporting and dashboards Dedicated single-point-of contact for the complete solution and services Integrated appointment scheduling and Eligibility verification modules Time/cost saving and cash flow improvement

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

You can outsource as much or as little as you require. It provides end-to-end Revenue Cycle Management solutions that enable providers to get paid more and faster through a single partner. This unique approach will help you to manage the business of healthcare in every way. You must focus on providing best healthcare and save a considerable amount of time and money.

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

iPatientCare.com/blog • To read more on this topic, follow below link: • RCM Services and Medical Billing Companies

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com

iPatientCare, Inc. One Woodbridge Center, Suite 812 Woodbridge, New Jersey 07095 Phone: 1-800-741-0981

Email: Sales@ipatientcare.com

Website: www.ipatientcare.com