When it comes to your office, there are a few things you can’t take lightly: patient services, your reputation, and your finances. To know how you are doing financially, you need to have a revenue cycle that gives you reports and explains how you’re doing. Furthermore, it ensures that your bills are getting paid, money is going to the proper parties, and there is very little downtime. To do this, many offices will spend hours on the phone with insurance companies and patients or they will crunch numbers until their fingers are numb – but that doesn’t have to be the case.
Our revenue cycle management services company will help you to take these activities and streamline your revenue cycle. We handle things like billing, claim filing & follow-up, and patients reminders, and manage all the details.
Finances don’t have to get in the way of you doing your job. Instead, they can help you to get an overview of how your business is performing.
The exchange of money between you, your patients and insurance companies is one of the most critical tasks your office will handle. However, with every hand that touches this, there is a chance for human error. Automation all but eliminates this risk and mitigates responsibility. Even better, it can catch errors that may have been made before your invoices or fillings are sent, saving you time and back and forth, and ultimately improving your first-time acceptance rate.
Our team handles this automation as well as other tasks that aren’t essential for you to perform. Instead, these are the things that will take time away from what you are trained to do.
When you are just starting out, in the middle of your career, or even at the end, there is one thing you need for success: happy patients and a good reputation.
One of the best ways to create a relationship with your patients that will help you to grow and expand is to have a revenue cycle that works for you. In the health insurance and healthcare world, patients are taking a front seat in their healthcare, which means you will be dealing with them more than ever. This takes longer than it did before, which is why a financial revenue cycle management service can help you. We are trained to deal with questions about billing and payments quickly and with a smile.
Working with a revenue cycle management service in 2017 is key to having an efficient and successful healthcare business. It can be extremely difficult to stay on top of everything, especially when everything is always changing and you must learn new terms all of the time. Everything from software and hardware to rules and terminology are changing all the time, but it doesn’t have to be your responsibility to learn them. Instead Pulse will do that for you, instantly changing your system to match the latest set of requirements and norms.
Our team is comprised of experts in the individual fields they represent, from certified coders and customer service representatives to IT support staff. Everything will run smoothly because we have trained professionals who can spot errors before they can become a huge problem. We focus on those little details so that you don’t have to do it.
Even better, we are completely transparent in what we do. We will give you reports on daily, weekly, monthly, quarterly, and/or annually that explain what your revenue cycle is doing and how it can be improved if need be. This will help you to understand what is happening and make changes when you want to set a goal.
Some of the revenue cycle management services that we do include:
Financial Performance; Operations Efficiency; Best Practices
Pay Performance (Rankings, Negotiations, and Compliance); Provider Credentialing; Provider Registration
Change Coding; Enter Coding; Review Coding
Electronic Claim Submission; Electronic Claim Status Updates; Electronic Claims Management; Re-Filing Denied Claims; Appealing Denied Claims; Payment Posting
Managing Accounts Receivable; Customized Patient Statements; Payment and Patient Collections
Give us a call today about our complete revenue cycle management services, we will walk you through our philosophies and the difference having a complete revenue cycle will bring.
Simply put, Pulse Revenue Cycle Management helps physician practices by collecting more money! Pulse Revenue Cycle Management customers experience first time claim acceptance rates that average over 98%. And Pulse RCM customers realize an increase in their charges, a significant increase in receipts and fewer days in A/R — shorter payment cycles mean more money, faster!
An intuitive system that works for you with a dedicated support team that knows you by name. That’s the Pulse difference.
Identify revenue cycle managment problems with this 10 point assessement (Free, No Risk) worth over $3,500.