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Revenue Cycle Management

Professional Staff

Quality Service

Valued For Money

Revenue Cycle Management to PriMed Solution

Whatever is the billing system followed or expertise working on revenue cycle management everything boils down to the AR days. If the AR graph looks dipping down as the AR days move further, that is an excellent end result and a healthy revenue cycle graph. Or it seems flat line or sinusoidal and inconsistent, this very unhealthy sign and needs immediate diagnoses. Outstanding revenues and an unsystematic revenue cycle are two major factors that can bring down the efficiency and cash flow of any healthcare service provider. As a healthcare service provider, you need to be more concerned about the RCM as equally with patient service. By some estimates, hospitals are losing three percent to five percent of their net revenue from inadequate revenue cycle management. It is not just losing your money, it’s your valuable service rendered which is not getting due credit because of lacking in handling the revenue management. It becomes highly essential to have an aggressive revenue cycle management team.

Why Choose PriMed Solution for Healthcare Revenue Cycle Management?

By partnering with our outsource program you have the benefits of complete outsourcing satisfaction

You save nearly 60% on your operating costs.

Around the clock, 24X7 services support ensuring quick turnaround time.

Experienced personnel will handle your revenue cycle management.

Dedicated team for each client.

Guaranteed business continuity management.

Aggressive follow-up of your bills and records for better revenue collection.

HIPAA and OIG compliant proven processes for high-performance revenue cycles.

Risk-free outsourcing ensures data security policies.

Partner with PriMed Solution for highly efficient revenue cycle management.

By outsourcing RCM to PriMed Solution, how does it help you?

By stepping on advantages of our strong technical knowledge on billing and collection blended with industry experience enable us to be a preferred outsource partner apart from our quality deliverables and cost-saving module program which empowers our clients. Moreover, outsourcing becomes a wise business move for both large and small practice management groups for cost-effectiveness, high-quality work, and relief from the hassles of staff management

Before you make a decision to outsource, always consider two main factors that can influence your outsourcing strategies experience and knowledge which is richly available with PriMed Solution. We want you to be confident about our capabilities, you can do this by signing up for our Free Trial Offer which comes with no obligation or set up fee. Based on the free trial, you can evaluate our work, and then we are sure that you will not want to miss leveraging our healthcare revenue cycle services.

Scope

  • Accelerated and streamlined cash flow
  • Systematic and structured operations
  • Faster revenue realization
  • Constant monitoring of key revenue cycles

PriMed Solution Knowledge in Revenue Cycle Steps

1

Patient Registration

Demographics information
Medical Information
Healthcare Insurance Information
Payment information
2

Insurance Verification

Insurance name, and claims address
Effective date of the policy
Coverage is currently active or not
3

Medical Coding

ICD-10-PM, CPT, HCPCS coding, and ICD-10-PCS coding
Chart Audits and Code Reviews
HCC coding
Offshore coding audits
Payer specific coding requirements
4

Payment Posting

Patient & insurance Payments
Electronic Remittance Advisory & Manual Posting
Denial Management
5

Accounts Receivable Management

Follow-up with insurance companies
Develop policies and procedures for A/R follow-up.
Automation.
Effective action plan

PriMed Solution provides a full suite of end-to-end revenue cycle management services for hospitals, professional billing and ambulatory surgery centers. Utilizing our deep knowledge of best practices in revenue cycle management, we deliver high-quality and cost-effective solutions for our clients. Our highly specialized teams work to streamline operations, decrease insurance claim denials and maximize revenue while maintaining compliance within industry regulations. With turnaround times between 24-48 hours, our clients are assured of accurate, timely, and balanced results.

With a powerful blend of people, processes and technology-enabled solutions, combined with an undying commitment to our clients, we provide the necessary tools that give your organization an edge over the competition.

Contact Primed Solution

Learn how we can help you transform your revenue cycle.

Transparent Workflow
99% clean claims pass rate
Reduced denial rate <9%
20% increase in net collections
Result-oriented AR management

Get in touch

FF-9, JBR Complex, Science City Road, Sola-380060, Ahmedabad, Gujarat, India
+91-9898269679