Is Your Practice Struggling with Revenue Management ?

All of the phases in the revenue cycle are extremely important for ensuring your practice is successful. If just one process in a part of the cycle is not handled correctly, it can cause a huge reduction in profits. This is why we offer multiple services for each of the revenue phases. Our healthcare revenue cycle management services are considered one of the best in Chicago, where we aim to go above and beyond for our clients and help them maximize their revenue streams.

We take a holistic approach to creating a revenue lifecycle that involves comprehensive patient registration, insurance verification, and account creation with your healthcare practice. We then capture the medical service offered to the patient and carry out the coding and charge posting process in the relevant ledgers.

Services We Offer

All of the phases in the revenue cycle are extremely important for making sure your practice is successful. If just one process in a part of the cycle is not handled properly, it can cause a huge lack in profits. This is why we offer multiple services from each of the revenue phases.

Once the service is complete, we move towards the claim creation process and bill the insurance company or the patient with the amount through a detailed invoice of the procedure performed and the material costs involved in providing the medical service.

The last stage involves the payment process. We constantly follow up on pending payments and ensure the seamless collection of your hard-earned money deposited straight into your bank account.

Insurance Verification

Insurance Verification increases the possibility of payment by identifying any eligibility and coverage issues.

Coding

Proper Procedure and diagnosis coding paints a picture for the insurance that communicates what services were performed and why.

Billing

Sending claims to insurance carriers within a timely manner decreases the amount of denied claims and maximized the posiblity of payment.

Posting & Follow-up

Cash posting and follow-up keeps the A/R accurate. Helps to identify missing payments and allows recovery to be performed in a timely manner.

Our approach of dividing the revenue lifecycle into four different stages, creation, capture, billing, and recovery, allows us to keep an eye on areas that are not performing up to expectations and apply personalized strategies to help our clients make the most out of their practice.

Our medical billing services ensure that your practice is in safe and secure hands. We can also provide medical billing training to your in-house staff to further enhance the revenue lifecycle process.

Get in touch with our representatives today to learn more about our revenue lifecycle management services.

Is Your Practice Struggling with Revenue Management ?

Services We Offer

Insurance Verification

Coding

Billing

Posting & Follow-up

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