Revenue Cycle Management Services (RCM)
Is your bottom line healthy, or can you use help in getting paid faster? SuiteMed’s RCM services provide technology driven, revenue improvement services that create efficient and effective business operations, so you can focus on what you do best, patient care.
With the reduction in reimbursement fees and the increase in costs the need to get maximum reimbursement in a timely fashion is very critical. SuiteMed’s RCM service provides the business expertise, technology and know how to bring your bottom line up.
Our revenue cycle management (RCM) partners will:
- Analyze your current revenue cycle to determine issues that may be hindering your cash flow and growth
- Customize and adapt our services to meet your unique practice requirements
- Create workflow processes to streamline your operation and reduce your expenses
- Align your business office requirements with your clinical activities
- Identify specific examples of missed revenue, and educate your staff
- Jointly establish goals and metrics, and regularly provide you with detailed performance reports
SuiteMed RCM Partners employ billing specialists, Certified Medical Coders, Certified Public Accountants, and technologists who know medical billing inside and out. In addition, they use SuiteMed IMS practice management and EHR systems to replace costly manual processes with workflow automation tools that can reduce denials and improve collections by:
- Detecting claim errors before submission to payers
- Electronically submitting secondary claims
- Alerting staff when a claim is overdue
- Align your business office requirements with your clinical activities
- Eligibility verification
- Automatically sending tasks to appropriate individuals
- Generating encounter bills and statements as well as reports
- and Much More