HealthTeq is a premier organization in healthcare outsourcing. We guarantee quality services along with a good return on investment with our revenue cycle management solutions. We can manage the entire revenue cycle starting from hospital admission, treatment, discharge to post discharge claims and account settling.
Outstanding revenues and a disorganized revenue cycle are two major factors that pull down the efficiency of hospitals. As a medical billing company, it becomes highly imperative that you have an agile revenue cycle management. How does it help you?
- Accelerated cash flow
- Structured and organized operations
- Faster revenue realization
- Constant monitoring of key revenue cycles
By leveraging these advantages, you can streamline the functioning of your hospital and ensure a high level of patient satisfaction. Moreover, outsourcing comes in as a wise business decision for cost effectiveness, high-quality work and relief from the hassles of staff management.
With HealthTeq RCM services, every customer will be assigned a designated account manager with a team of certified coders and billers familiar with the practice's needs. Our stringent RCM processes have resulted in increased cash flows and reduced denials for many practices.
With the help of Revenue Cycle Management (RCM) dashboard, you will be able to view your practice's claim status, collections, receivables and denials with average turnaround time. Moreover, drilling down reports help you track finer details of claims.
Revenue Cycle Management process consists of the following steps:
- Patient Insurance Eligibiity Check
- Claims Scrubbing
- Claims Submission
- Payment Posting
- Denial Management, etc.