Is your healthcare revenue cycle taking up more hours in your day than you wish it would? Do you find yourself lost for a way to make everything run smoothly without dedicated hours and hours to it? If so, you might to contact a revenue cycle consulting firm to handle some of the load. Our revenue cycle consulting firm helps to automate your revenue cycle, taking tasks that may have taken you a few minutes or a few hours and making them instantaneous. We are able to automate mundane tasks like payment collections, cost assignments, and processing health insurance claims. Revenue cycle consulting firms can even help you with more complex tasks like re-filing claims, analyzing financial data, and handling client collection calls.
Our goal is to help you get the optimal billing rate, which will increase your financial bottom line and even get you better reviews with your patients. Much of the work is handled by our certified coders who help to automate the process.
Streamlining your revenue cycle has other benefits as well: it all but eliminates human error, works even when you aren’t, makes patients feel secure, and allows you to spend more time working with your patients. So many people complain about the fact that physicians only spend a few moments with them, so this is a way to add more time back to your day.
Comprehensive claims scrubbing rules are the cornerstone of any health financial revenue cycle, and consulting firms all have to work to ensure that they adhere to these. This enables you to get your money quickly and completely. Our firm learns as we go, continually updating our best practices and techniques so that we adhere to those rules.
There are many revenue cycle consulting firms for the healthcare industry out there, but few have been able to post the results that we have – and we do all of it no startup costs to you. Everything from the software licensing to the ongoing training and upgrading of systems is shouldered by our team. Of course, we will keep you updated on any and all changes, but they don’t need to be your primary concern.
Automation of a revenue cycle means that everything in your office runs just a little more smoothly. You will have fewer people calling to complain about something going wrong, less time spent on the phone dealing with insurance companies, and just a better workplace attitude. While it seems silly, that really can go a long way in changing the atmosphere for workers and patients. It may be difficult to imagine now, but the levels of stress in a physician’s office are palpable to patients – so many people will mention that everyone seems a little more relaxed when you entrust in a revenue cycle consulting firm.
While not all revenue cycle consulting firms offer it, we can help you with financial planning, goal setting, and analysis of your finances. We do this through routine reports of how your revenue cycle is going, what can be improved, and what the trends are going to be. Through careful analysis, you will be able to make predictions and understand the cause and effect of what happens.
Even better, this will allow you to consider expansion, bring on new patients, and even hire more team members.
The healthcare industry continues to change dramatically, and these changes will inevitably be difficult. Since everything is up in the air, it is best to get your financial revenue cycle on the right track now so that you can weather bumps in the road later on.
Our firm will be with you every step of the way, providing support and information about the newest rules and regulations that govern your finances. Even more importantly, we can help to reduce the impact any changes will have on your practice. Give us a call today and we can discuss next steps and how to modulate your revenue cycle into something that works better.
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.