At Med Billing RES, we understand that effective revenue cycle management (RCM) is the foundation of a financially healthy practice. That’s why we leverage Maximus Practice Management Software, a comprehensive cloud-based solution designed to address the common challenges healthcare providers face every day.
Key features of Maximus include:
– Power BI Dashboard
– Patient Registration
– Insurance Verification
– Claim Management
– Billing and Payments
– Accounts Receivable and Denial Management
– Interoperability
Maximizing Profits through Effective Clean Claims and Reduced Denials
Submitting clean claims, reducing the days in accounts receivable, and minimizing denials are key factors that can elevate a good practice to a highly efficient and profitable one—and that’s exactly what MedCare MSO strives to achieve. Clean claims and fewer denials not only enhance revenue cycles but also ensure timely and accurate reimbursements.
Our team of over 1500 AAPC-certified medical billers and coders employs the four-step IMMP strategy (Identify, Manage, Monitor, and Prevent) to optimize these processes. Here’s how it works:
• Identify the underlying causes of claim denials from insurance payers.
• Categorize denials based on their source, reason, cause, and other relevant factors.
• Provide clear and persuasive documentation to support your claims and submit appeals within the specified timeframes set by payers.
This approach ultimately leads to quicker recovery of the amounts owed to you.
As a top healthcare revenue cycle management company, Med Billing RES makes the shift to value-based care easier for providers. We start by thoroughly assessing your workflow to understand your practice's specific needs. From there, we pinpoint inefficiencies and propose a scalable solution to implement the value-based care program.
Here's how we achieve this:
- Accurately document follow-ups, wellness checks, and care plans as required by payers.
- Develop billing strategies that align with bundled payment models.
- Ensure proper risk adjustment through accurate HCC coding.
- Monitor and report key quality metrics for programs like MIPS, ACO, and PCMH to maintain compliance.
- Communicate with patients about care plans, appointments, and balances to simplify billing.
The result? Better patient outcomes, high-quality care, improved provider collaboration, and cost savings, all forming the foundation of the value-based care model.
Far away, beyond the word mountains and far from the lands of Vokalia and Consonantia, reside the blind texts. They live apart in Bookmarksgrove, nestled right along the coast.
Far away, beyond the word mountains and distant from the lands of Vokalia and Consonantia, the blind texts make their home. They live apart in Bookmarksgrove, nestled right by the coast.
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Maximus practice management software is a cloud-based solution that is comprehensive and easy to implement. It is designed to tackle the common challenges faced by healthcare providers and practices. With Maximus, you can effectively manage day-to-day operations, enhance patient engagement, and improve collection efficiency.
Key features of Maximus include:
- Power BI Dashboard
- Patient Registration
- Insurance Verification
- Claim Management
- Billing and Payments
- Accounts Receivable and Denial Management
- Interoperability
Maximizing Profits through Effective Clean Claims and Reduced Denials
Submitting clean claims, reducing the days in accounts receivable, and minimizing denials are key factors that can elevate a good practice to a highly efficient and profitable one—and that’s exactly what MedCare MSO strives to achieve. Clean claims and fewer denials not only enhance revenue cycles but also ensure timely and accurate reimbursements.
Our team of over 1500 AAPC-certified medical billers and coders employs the four-step IMMP strategy (Identify, Manage, Monitor, and Prevent) to optimize these processes. Here’s how it works:
• Identify the underlying causes of claim denials from insurance payers.
• Categorize denials based on their source, reason, cause, and other relevant factors.
• Provide clear and persuasive documentation to support your claims and submit appeals within the specified timeframes set by payers.
This approach ultimately leads to quicker recovery of the amounts owed to you.
As a top healthcare revenue cycle management company, Med Billing RES makes the shift to value-based care easier for providers. We start by thoroughly assessing your workflow to understand your practice's specific needs. From there, we pinpoint inefficiencies and propose a scalable solution to implement the value-based care program.
Here's how we achieve this:
- Accurately document follow-ups, wellness checks, and care plans as required by payers.
- Develop billing strategies that align with bundled payment models.
- Ensure proper risk adjustment through accurate HCC coding.
- Monitor and report key quality metrics for programs like MIPS, ACO, and PCMH to maintain compliance.
- Communicate with patients about care plans, appointments, and balances to simplify billing.
The result? Better patient outcomes, high-quality care, improved provider collaboration, and cost savings, all forming the foundation of the value-based care model.
Far away, beyond the word mountains and far from the lands of Vokalia and Consonantia, reside the blind texts. They live apart in Bookmarksgrove, nestled right along the coast.
Far away, beyond the word mountains and distant from the lands of Vokalia and Consonantia, the blind texts make their home. They live apart in Bookmarksgrove, nestled right by the coast.
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