Revenue Cycle Management
Are you looking for proper revenue cycle management of your health center? Do you feel that your health center needs yet a better revenue cycle management?
ACIDUS is one of the better service provider if you need the above needs. At Acidus, we focus on helping our clients maximizing their revenue. We monitor all business processes of the revenue cycle to ensure peak efficiency. When a patient is treated we track the entire process until the final payment is received. Our clients have peace of mind knowing the management of their revenue cycle in being handled expertly and efficiently by professionals. Following are some of the common methods we follow in revenue cycle management.
- New Patient Intake
- Financial Counseling
- Insurance Verification
- Patient Scheduling
- Authorization/Pre-Determination Process
- ICD–10
- Incentives/Penalties (includes PQRS and EHR)
- Medical Record Review
- Refund Methodology
- Adjustment Process
- Payment Posting
- Charge Entry
- Claim Submission
- Cash Posting
- Accounts Receivable
- Collections
- Fee Schedule/Charge Master Review
For the revenue cycle, ACIDUS examines the gross benefit margin and the amount of growth that the health center has experienced in one year. As part of the analytical procedures, we analyze the organization’s maximum capacity for more patients if its facility and employees were fully utilized.
Revenue Cycle Management (RCM) includes all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue. To optimize the revenue cycle, ACIDUS has invented tested and proved strategies that simplifies the administrative and clinical functions from beginning to end.
Creating a sustainable Revenue Cycle alone can actually give you better revenue benefits. ACIDUS has got a team who considers every detail of health center and frames out a sustainable methodology. Ultimately, the concern is the welfare of the center who has signed up for services.