We offer a wide range of revenue cycle management services to healthcare providers of all sizes, including individual practitioners, hospitals, small practices, large practices, nurse practitioners, and skilled nursing facilities. Our services are designed to optimize revenue collection and cash flow, reduce costs, and improve patient satisfaction. In this article, we will discuss our revenue cycle services in detail.
Feature Revenue Cycle Services
1. Patient Scheduling and Registration
We understand that the revenue cycle begins with the patient’s appointment. Therefore, we focus on efficient scheduling and registration processes to ensure timely and accurate billing. We offer patient appointment scheduling, patient registration, eligibility verification, and insurance verification services to help our clients optimize their front-end revenue cycle processes.
2. Charge Capture
We understand that accurate charge capture is critical to revenue optimization. Therefore, we focus on capturing all billable charges accurately and in a timely manner. We use advanced technology and skilled personnel to ensure that our clients’ charges are captured accurately, and no charges are missed.
3. Medical Coding
Medical coding is an essential component of the revenue cycle. At Apostle RCM, we have a team of certified medical coders who are experts in ICD-10, CPT, and HCPCS coding systems. We use the latest coding guidelines and tools to ensure accurate coding and compliance with all regulatory requirements.
4. Claims Submission and Follow-Up
We understand that timely claims submission and follow-up are essential to revenue optimization. Therefore, we focus on submitting claims promptly and following up on unpaid claims until they are resolved. We use advanced technology and skilled personnel to ensure that our clients’ claims are submitted accurately and in a timely manner. We also have a robust denial management process to address claim denials promptly.
5. Payment Posting
We understand that timely and accurate payment posting is critical to revenue optimization. Therefore, we focus on posting payments promptly and accurately. We use advanced technology and skilled personnel to ensure that our clients’ payments are posted accurately, and no payments are missed.
6. Accounts Receivable Management
We understand that managing accounts receivable is critical to cash flow optimization. Therefore, we focus on managing accounts receivable efficiently and effectively. We use advanced technology and skilled personnel to ensure that our clients’ accounts receivable are managed optimally. We also have a robust process for resolving outstanding accounts receivable balances.
7. Reporting and Analytics
We understand that data analysis is essential to revenue cycle optimization. Therefore, we provide our clients with detailed reports and analytics that help them track their revenue cycle performance. We offer reports on key performance indicators (KPIs) such as days in accounts receivable, denial rate, and collection rate. We also provide recommendations for process improvements based on our analysis of the data.
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