Transparent, End-to-End Revenue Cycle Management Services

Q: How long does it take to transition to your RCM service?

We can start to submit your claims in as little as 30 days once our 5-7 days of testing is completed.

Q: Will I have single or multiple points of contact with your RCM service?

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

Q: 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.

Q: Does your RCM service 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.

Q: What happens if my current RCM company stops submitting our claims?

We can bill and resubmit those claims. In fact, MedicsRCM tracks old claims vs. new claims.

Q: 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!

Q: 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.

Q: 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.

Q: Does your RCM service have 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.

Q: Can we use an EHR with your RCM service?

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.

MedicsRCM maximizes your claims, works to capture patient balances, and economizes your staffing and processes.

Increase Revenue, Guaranteed!

Increase Revenue & Cash Flow

Reduce Operating Costs

Enhance the Patient Experience

Frustrated with decreased revenue, staffing issues, and technology costs?

We know you want to be the driver of financial success and organizational process improvement. We understand how hard it is to have experts in every aspect of your business which is why you need an experienced trusted partner.

It’s time for something better, easier, smarter, and GUARANTEED!

Collect your contracted dollars

We know your payor mix, your state billing requirements, and your specialty.

Claims are submitted at their highest possible value
Out-of-network alerts on scheduling
Automated eligibility verification and insurance discovery
Rapid denial management

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Ensure full patient payment

Use an array of features that work to reduce your outstanding patient balance A/R including (1) access to a patient responsibility estimator, (2) enabling patients to pay from any mobile device and (3) interactive balance due reminder texting.

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Access to your data 24/7

Transparent, on-demand access to all of your data is supported (you see exactly what we see) as are regular reviews to ensure your financial and operational viability is optimized.

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What revenue cycle management success looks like

See how practices just like yours have used our revenue cycle management 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.

PICSNJ logo

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 ADS RCM 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, ADS RCM has made the practice so much better."

Thomas Beggins, MD
Connecticut Eye Physicians PC

So many of our clients have seen

15%

Reduction in A/R

30%

Reduction in front-end denials

< 3 Days

Resubmitting of denied claims

7%

Improved net collections

99%

Success rate on first attempt clearinghouse claims

20%

Reduction in operating expenses

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Getting started with revenue cycle management services

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1. Talk with an Advisor

Tell us your financial and operational goals, get your questions answered, and discover how much our team can increase your revenue and efficiency.

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2. Develop a Plan

Our proven process has increased our clients’ revenue typically by 10% -20% and sometimes even more. Together, we'll build a perfect plan for you.

https://f.hubspotusercontent40.net/hubfs/175249/Processs-Experience-Success.png

3. Experience Success

You’ll see increased revenue, have more money in the bank, and operate more efficiently. In fact, our 90-day guarantee guarantees it!

How much does our RCM services cost?

MedicsRCM cost generally ranges from 3% to 6% based on the collection amount. However, your fee can actually be 0% when factoring in how:

our financial/management platform and cloud hosting is included as part of our service helping to consolidate your technology spend
our team of +300 billing and EDI experts reduces your in-house staffing and operational costs
we'll increase your revenue – guaranteed – over whatever service or in-house system you’re currently using

The sum total on the points above = more income to your practice than our fee!

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Revenue Cycle Management - FAQs

We know selecting a revenue cycle management services 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.

How long does it take to transition to your RCM service?

Will I have single or multiple points of contact with your RCM service?

How will my current databases be handled?

Does your RCM service start sending our claims from Day One?

What happens if my current RCM company stops submitting our claims?

Do we have access to our data?

What if we need customized management reports?

Are forms needed for electronic claims?

Does your RCM service have tools for mobility and engagement?

Can we use an EHR with your RCM service?

The “Ins” and “Outs” of Revenue Cycle Management: INcome by OUTsourcing

The-Ins-and-Outs-of-RCM Find out in our ebook what a true RCM company should do to help improve revenue and productivity for your organization, as well as the following:

What a managing RCM company can do to maximize its clients' revenue and cash flow
The scheduler, workflow, and keeping the reception area filled
Transparency to all of your data, and training on making the most of that transparency
Security and tax IDs

Get Your Copy

The “Ins” and “Outs” of Revenue Cycle Management: INcome by OUTsourcing

The-Ins-and-Outs-of-RCM Find out in our ebook what a true RCM company should do to help improve revenue and productivity for your organization, as well as the following:

What a managing RCM company can do to maximize its clients' revenue and cash flow
The scheduler, workflow, and keeping the reception area filled
Transparency to all of your data, and training on making the most of that transparency
Security and tax IDs

Transparent, End-to-End Revenue Cycle Management Services

MedicsRCM maximizes your claims, works to capture patient balances, and economizes your staffing and processes.

Frustrated with decreased revenue, staffing issues, and technology costs?

Collect your contracted dollars

Ensure full patient payment

Access to your data 24/7

What revenue cycle management success looks like

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 ADS RCM 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, ADS RCM has made the practice so much better."

So many of our clients have seen

15%

30%

< 3 Days

7%

99%

20%

Getting started with revenue cycle management services

1. Talk with an Advisor

2. Develop a Plan

3. Experience Success

How much does our RCM services cost?

Revenue Cycle Management - FAQs

How long does it take to transition to your RCM service?

Will I have single or multiple points of contact with your RCM service?

How will my current databases be handled?

Does your RCM service start sending our claims from Day One?

What happens if my current RCM company stops submitting our claims?

Do we have access to our data?

What if we need customized management reports?

Are forms needed for electronic claims?

Does your RCM service have tools for mobility and engagement?

Can we use an EHR with your RCM service?

The “Ins” and “Outs” of Revenue Cycle Management: INcome by OUTsourcing

Get Your Copy

The “Ins” and “Outs” of Revenue Cycle Management: INcome by OUTsourcing

90 Days to a Healthier Revenue Stream, Guaranteed!

Fill out the form below to get a customized quote.