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Revenue Cycle Management (RCM)

Maintain income stability while simultaneously having more time to focus on patients.

What Is Revenue Cycle Management?

Revenue Cycle Management (RCM) can help you maintain income stability while simultaneously giving you more time to focus on patients. The revenue cycle begins when the patient makes the appointment and ends with successful payment collection.

Physician Assist’s single solution encompasses different service offerings including documentation, coding and claims management. Physician Assist delivers services using wholly owned and managed global-scaled delivery platforms.

The ever-changing healthcare regulations and reimbursement models can make receiving timely reimbursement challenging. Our team of dedicated medical scribes, certified medical coders, in-house coding compliance officers, and billing experts handle the complete life cycle of your medical claims at a fraction of the cost of in-house billing, which allows you to practice medicine, not administration.

“About 90% of claim denials are preventable, and effective prevention of claim denial can result in more than $5 million in additional revenue for an average hospital.”
Becker’s Hospital Review
 

With us in your corner, you will see an improvement of claim rates, quick turnaround on denials, and improved cash flow. Physician Assist works to take over time-consuming tasks while providing high-quality services at a fraction of a cost of in-house billing, to allow you to practice medicine, not administration.

Interested in Physician Assist For Your Practice?

Complete the information below and we will reach out within one business day. 

Revenue Cycle Service

Without effective, predictable RCM processes, medical facilities are unable to provide quality patient care and sustain their financial solvency. Our Services include the following:

 

Virtual Scribing​: Our scribes capture critical Information in real time during a patient-provider encounter. The scribes have been trained to ensure proper documentation of information which allows the coders to select the right codes.

Insurer communications​: Our billing managers communicate regularly with insurers to determine patient coverage levels and collect reimbursements without errors or denials.

Charge capture​: Information recorded by scribes, about an episode of care is translated into a medical claims system for billing purposes. Charge capture systems may communicate with EHR systems.

Payment collections​: We do follow ups with the patients to manage the payments and reduce any bad debts.

Coding​: Certified medical coders determine codes that need to be applied to a patient’s record.

Medical service review​: We help organizations/providers analyze clinical treatment data to find ways to lower expenses, maximize resources and improve health outcomes.

Claims submission​: Claim are submitted with minimal delay to warrant timely payouts. We ensure accuracy as it is essential to avoid rejected claims.

Truth in the Numbers

 

 

 

 

 

%

Increase in Net Patient Revenue

%

Reduction in Collection Cost

%

Decrease Denial

%

Lower Dad Debts

%

Reduction of A/R days

Interested in Physician Assist For Your Practice?

physicianassist

121 East City Place Drive
Santa Ana, CA 92705

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