Increase Revenue & Cash Flow
Reduce Operating Costs
Enhance the Patient Experience
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!
We know your payer mix, your state billing requirements, and your specialty.
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.
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.
See how practices just like yours have used our revenue cycle management services to achieve dramatic business growth.
Thomas Beggins, MD
Connecticut Eye Physicians PC
Reduction in A/R
Reduction in front-end denials
Resubmitting of denied claims
Improved net collections
Success rate on first attempt clearinghouse claims
Reduction in operating expenses
Tell us your financial and operational goals, get your questions answered, and discover how much our team can increase your revenue and efficiency.
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.
You’ll see increased revenue, have more money in the bank, and operate more efficiently. In fact, our 90-day guarantee guarantees it!
MedicsRCM cost generally ranges from 3% to 6% based on the collection amount. However, your fee can actually be 0% when factoring in how:
The sum total on the points above = more income to your practice than our fee!
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.
We can start to submit your claims in as little as 30 days once our 5-7 days of testing is completed.
A MedicsRCM Services Manager, experienced in your specialty(ies), is assigned under which following resources operate:
We import your current files such as Referring Physician, Insurance, and Fees into our MedicsPremier practice management system.
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.
We can bill and resubmit claims from your current medical revenue services team to expedite patient payments. In fact, MedicsRCM tracks old claims vs. new claims.
Yes, MedicsRCM clients have 24 x 7 on-demand cloud access to all of their data so they can truly understand healthcare costs. We train clients on using our MedicsPremier system, and encourage them to see how things are going! Healthcare revenue cycle management should not be behind locked doors.
Healthcare providers 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.
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.
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. And we're always looking forward at revenue cycle management trends.
Yes, we actually have three options for EHR! (1) Use your existing EHR interfaced with our MedicsPremier platform. (2) Use the MedicsCloud EHR, excellent for almost any specialty and which is almost always at no additional cost. (3) Use our electronic superbill if you prefer to not use an EHR at all, or if you’d rather not have yours interfaced with us for whatever reason.
We know the thought of moving to RCM for healthcare providers, doctors, practice owners, laboratorians, and other stakeholders is considerable. So, we created this eBook to cover some of the common concerns when considering a revenue cycle management service collaboration, as well as:
We know the thought of moving to RCM for healthcare providers, doctors, practice owners, laboratorians, and other stakeholders is considerable. So, we created this eBook to cover some of the common concerns when considering a revenue cycle management service collaboration, as well as: