See how practices just like yours have used our outsourced medical billing services to achieve dramatic business growth.
Revenue increased by 24% in the first year with MedicsRCM, and denials were reduced by 20% after the first 120 days.
Revenue increased by 20% in the first 6 months of engaging with MedicsRCM with 97% of A/R being under 60 days.
A/R dramatically reduced 30% after the first 90 days with MedicsRCM. Denials have been reduced by 10% to 15%.
"Working with MedicsRCM has proven to be a very professional experience for my staff, giving them the ability to turn to a single source, and to get any questions quickly answered. Most importantly, reimbursements have gone up! Overall, MedicsRCM has made the practice so much better."
Thomas Beggins, MD Connecticut Eye Physicians PC
How much is inefficient medical billing costing you?
Are you submitting claims at there highest value?
Are you automatically verifying patient eligibility electronically?
Are you automatically alerted to mistakes in claims?
Are you developing key performance indicator reports?
Are you wasting time on routine tasks that can be automated?
Failing to get this right is already costing you more than you know.
Meet the leadership team that you'll be working with
Our greatest source of pride is playing a key role in our clients' growth and success.
Jim Woods Vice President, RCM Services
Marybeth McGowan RCM Division Manager
Isaiah Leech, MBA National Portfolio Manager
Kim Becker National Portfolio Manager
Got medical billing questions? We’ve got answers.
We know selecting an outsourced medical billing company can be difficult. You probably have loads of questions, so let’s get you started on some of the most frequently asked questions we get.
What does MedicsRCM cost?
MedicsRCM pricing is based on a percentage of the amount collected for you, with percentages generally ranging from 3% to 6% based on the collection amount.
How long does it take to transition to MedicsRCM?
We can start to submit your claims in as little as 30 days once our 5-7 days of testing is completed.
Will I have a single or multiple points of ADS contact?
A MedicsRCM Services Manager, experienced in your specialty(ies), is assigned under whom following resources operate:
Dedicated Account Manager
Billing Team Members
EDI specialists for claims, remittances, EOB reconciliations, eligibility verifications, and direct fund deposits
HL-7 interface specialist
A senior member of the ADS management team is also connected with each MedicsRCM client
How will my current databases be handled?
We import your current files such as Referring Physician, Insurance, and Fees into our MedicsPremier practice management system.
What system does MedicsRCM use?
MedicsRCM uses the MedicsPremier system which is our own product, relied on by tens of thousands of providers to process tens of millions of EDI transactions annually. Our clients benefit in how we don’t rely on a second or third party software vendor for support and updates. ADS has been a leading medical software company since 1977.
Does MedicsRCM start sending our claims from Day One?
No one wants to submit all of your claims more than we do since we only get paid on amounts collected. But, that would be irresponsible. Instead, we submit test claims for 50 to 100 of your patients for approximately 5 to 7 days. All of your claims are submitted once the test claims are verified.
What happens if my current billing company stops submitting our claims?
We can bill and resubmit those claims. In fact, MedicsRCM tracks old claims vs. new claims.
Do we have access to our data?
Yes, MedicsRCM clients have 24 x 7 on-demand cloud access to all of their data. We train clients on using our MedicsPremier system, and encourage them to see how things are going!
What if we need customized management reports?
Clients almost never need truly customized reports since our reports/dashboards as so highly user-defined, and are exportable to Excel. But if a certain customized report(s) are needed, your Accounts Team will provide same via standard PDF or Excel.
Are forms needed for electronic claims?
Possibly, and if so, we provide you with whatever form(s) are needed by any insurance payer(s) and provide assistance, if needed, in completing them. Of course 100% electronic claims and EOB reconciliations - which our team handles for you - are encouraged.
What about patient responsibility balances?
First, clients have access to our patient responsibility estimator, a powerful feature for obtaining personal balances. MedicsRCM processes patient statements. Patients are directed to call us, not you, with statement questions. Our portal has an option for online credit card payments, and our balance due texting option is ideal for reminding patients about what they owe. Texts can link to the portal for patients to make their payments online. Texting is also excellent for reminding patients about their appointments.
Can MedicsRCM help if patients don’t have insurance?
Yes! Our insurance discovery option has a very high rate of success in identifying patients’ insurance when it’s missing or unavailable.
Does MedicsRCM have any tools for mobility and engagement?
Yes, with our options for Medics Telemedicine, Portal, Texting, Kiosk for expedited intake, and even for remote patient monitoring (RPM) of vitals. Telemedicine and RPM are ideal for generating revenue and texting keeps patients tuned into their in-office and telemedicine appointments while helping to eliminate no-shows.
Can we use an EHR with MedicsRCM?
We actually have three options for EHR! One is to use our certified MedicsCloud EHR which is excellent for any number of specialties. Or, you can keep your existing EHR with an interface to our MedicsPremier system. Our third option is our Medics e-superbill if you prefer to not use an EHR or to have your existing EHR interfaced with us.