Healthcare Revenue Cycle Management
Streamline Your Healthcare Revenue Cycle Management
At Phyiatric - Healthcare Revenue Cycle Management, we specialize in providing efficient and effective medical billing solutions for healthcare providers. Our experienced professionals are dedicated to ensuring that our clients receive timely and accurate service reimbursements. From insurance verification to coding and billing, we handle every aspect of the revenue cycle management process, so our clients can focus on providing high-quality patient care. With our advanced technology and personalized approach, we help our clients streamline their medical billing operations and increase their revenue.
Healthcare Revenue Cycle Management Services
End-to-End Healthcare Revenue Cycle Management Services for Healthcare Providers and Facilities
Patient Registration and Scheduling
o Streamlined registration processes
o Efficient appointment scheduling
o Accurate collection of patient demographics and insurance information
Insurance Verification and Authorization
o Verification of patient insurance coverage and benefits
o Obtaining necessary pre-authorizations
o Ensuring eligibility checks are completed before services are rendered
Medical Coding and Charge Capture
o Accurate assignment of ICD-10, CPT, and HCPCS codes
o Compliance with the latest coding standards and guidelines
o Capturing all billable services to maximize revenue
Claims Submission
o Preparation and submission of clean claims to insurance payers
o Adherence to payer-specific guidelines and submission timelines
o Electronic and paper claim submission as required
Payment Posting and Reconciliation
o Precise posting of payments from insurance companies and patients
o Reconciliation of payments with submitted claims
o Prompt identification and resolution of payment discrepancies
Denial Management and Appeals
o Proactive management of denied or rejected claims
o Identification of denial trends and root causes
o Preparation and submission of effective appeals to recover lost revenue
Patient Billing and Collections
o Transparent and patient-friendly billing processes
o Timely follow-up on outstanding patient balances
o Compassionate approach to collections to maintain positive patient relationships
Financial Reporting and Analysis
o Comprehensive financial reports and performance metrics
o Analysis of revenue trends and identification of improvement opportunities
o Customizable reports to meet the specific needs of your practice
Compliance and Regulatory Support
o Ensuring adherence to HIPAA, Medicare, Medicaid, and other regulations
o Staying up to date with regulatory changes and their impact on your practice
o Reducing the risk of audits and penalties through proactive compliance measures
Technology Integration and Support
o Seamless integration with your existing EHR and practice management systems
o Support for software updates and troubleshooting
o Leveraging advanced RCM technologies to enhance efficiency and accuracy
Welcome to Phyiatric - Your Partner in Healthcare Revenue Cycle Management Services
At Phyiatric, we understand the complexities of managing a healthcare practice's financial health. Our comprehensive healthcare revenue cycle management services are designed to streamline your operations, maximize your revenue, and ensure compliance with the latest industry regulations. With our expert team by your side, you can focus on providing exceptional patient care while we handle the intricacies of your revenue cycle.
Our End-to-End Healthcare Revenue Cycle Management Services Include:
Patient Registration and Scheduling: Streamline your patient intake process and ensure accurate information collection.
Insurance Verification and Authorization: Avoid claim denials with thorough insurance checks and pre-authorizations.
Medical Coding and Charge Capture: Benefit from precise coding that maximizes revenue and ensures compliance.
Claims Submission: Submit clean claims efficiently and adhere to payer-specific guidelines.
Payment Posting and Reconciliation: Maintain accurate financial records with our precise payment posting and reconciliation services.
Denial Management and Appeals: Recover lost revenue with our proactive denial management and effective appeals.
Patient Billing and Collections: Improve patient satisfaction with transparent billing and compassionate collections.
Financial Reporting and Analysis: Gain insights into your financial performance with our detailed reports and analysis.
Compliance and Regulatory Support: Stay compliant with HIPAA, Medicare, Medicaid, and other regulations.
Technology Integration and Support: Seamlessly integrate with your existing systems and enhance efficiency with advanced RCM technologies.
Why Choose Phyiatric?
Expertise: Our team comprises experienced professionals with deep knowledge of healthcare RCM processes.
Customization: We tailor our services to fit the unique needs of your practice, ensuring optimal results.
Technology-Driven: We utilize cutting-edge technology to streamline RCM processes and improve accuracy.
Transparency: Our transparent approach keeps you informed about your financial performance and RCM activities.
Dedicated Support: We offer continuous support and guidance to help your practice navigate challenges and achieve financial success.
Ready to Optimize Your Revenue Cycle? Request a Free Consultation
Contact us today to learn more about how Phyiatric can help you achieve your financial goals.
Contact Us:
· Phone:+1-804-245-5583
· Email: admin@phyiatric.com / hr@phyiatric.com / phyiatric@outlook.com
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Phyiatric is a leading Healthcare Revenue Cycle Management company to provides medical billing and coding end-to-end services to physicians and hospitals to improve their revenue.