Revenue Cycle Management
What is Revenue Cycle Management?
From patient registration and appointment scheduling through the last payment of a balance, revenue cycle management (RCM) includes every step of a healthcare practice’s financial process. Smooth operation, continued financial stability, and income maximization with minimal inefficiencies are all guarantees of effective RCM for your medical facility.
Why Choose
American Elite Billing?
Our specialty at American Elite Billing is providing complete Revenue Cycle Management (RCM) services that maximize the financial success of your medical practice. We’ve carefully designed our Medical Billing and Collections services to optimize every part of your revenue cycle and guarantee that you are paid on time and accurately for the healthcare services you render.
Before any services are provided, we make sure that all patient data is correctly recorded and validated. As it guarantees that the patient’s insurance coverage is current and sufficient, this step is essential in avoiding claim denials and delays.
Correct billing requires accurate medical coding. The healthcare services are converted into standardized codes by our staff of professional coders, which are then used for billing and reimbursement. We keep up with the most recent rules and recommendations for coding in order to reduce mistakes and increase reimbursements.
We carefully enter all of the fees for the services rendered throughout this procedure. In order to make sure that claims are complete and formatted appropriately before submission, this stage entails confirming the accuracy of the data.
Correct billing requires accurate medical coding. The healthcare services are converted into standardized codes by our staff of professional coders, which are then used for billing and reimbursement. We keep up with the most recent rules and recommendations for coding in order to reduce mistakes and increase reimbursements.
We carefully enter all of the fees for the services rendered throughout this procedure. In order to make sure that claims are complete and formatted appropriately before submission, this stage entails confirming the accuracy of the data.
Our professionals accurately and quickly file claims with insurance carriers. To keep track of claims and make sure they are handled quickly, we employ advanced software. Our ability to navigate the complexities of different insurance plans and payer specifications enables us to expedite payment cycles and lower the number of claims that are denied.
We quickly and precisely post received payments to the appropriate accounts. This involves overseeing the electronic remittance advice (ERA) and explanation of benefits (EOB) to guarantee accurate payment application and timely resolution of any inconsistencies.
Maintaining a positive cash flow depends on efficient patient billing and collections. We take care of patient statements, follow-up correspondence, and payment arrangements with professionalism and empathy, making sure that patients are aware of their financial obligations and that they continue to have a good experience with your office.
We quickly and precisely post received payments to the appropriate accounts. This involves overseeing the electronic remittance advice (ERA) and explanation of benefits (EOB) to guarantee accurate payment application and timely resolution of any inconsistencies.
Maintaining a positive cash flow depends on efficient patient billing and collections. We take care of patient statements, follow-up correspondence, and payment arrangements with professionalism and empathy, making sure that patients are aware of their financial obligations and that they continue to have a good experience with your office.
Tailored Solutions:
American Elite Billing is aware that no two medical facilities are similar. They provide solutions that are specifically designed to meet the objectives and demands of every practice.
To provide you with a clear understanding of the financial health of your firm, we offer thorough financial reporting and analytics. Our comprehensive reports provide actionable advice to increase your revenue cycle efficiency, as well as highlighting important performance metrics and identifying trends.
