RCM Services and Medical Billing Companies

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RCM Services and Medical Billing Companies
EHR
RCM
MACRA
PMS
Email Sales_at_ipatientcare.com
Website www.ipatientcare.com
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RCM Services and Medical Billing Companies

• In our healthcare system, Revenue Cycle
  Management manages your offices 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_at_ipatientcare.com
Website www.ipatientcare.com
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Practices Facing Problems with Healthcare Revenue
Cycle
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 offices 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_at_ipatientcare.com
Website www.ipatientcare.com
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Practices Facing Problems with Healthcare Revenue
Cycle

• 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_at_ipatientcare.com
Website www.ipatientcare.com
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RCM Solutions

• 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 shouldnt 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 offices 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/Reconcil
  iation.

Email Sales_at_ipatientcare.com
Website www.ipatientcare.com
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Why RCM Services?

• 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_at_ipatientcare.com
Website www.ipatientcare.com
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Why RCM Services?
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_at_ipatientcare.com
Website www.ipatientcare.com
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Read more on iPatientCare.com/blog

• To read more on this topic, follow below link
• RCM Services and Medical Billing Companies

Email Sales_at_ipatientcare.com
Website www.ipatientcare.com
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Thank You!
iPatientCare, Inc. One Woodbridge Center, Suite
812 Woodbridge, New Jersey 07095 Phone
1-800-741-0981
Email Sales_at_ipatientcare.com
Website www.ipatientcare.com