Revenue Cycle Management
Medi Bill Wise Medical RCM Service
Medical Revenue Service by Medi Bill Wise streamlines payment generation and collection for healthcare providers. As a complete RCM solution, we manage the entire revenue cycle, including patient registration, insurance verification, coding, billing, and collections. Our expert approach minimizes claim denials, maximizes reimbursements, and enhances efficiency. By optimizing revenue cycle management, we help physicians and medical centers achieve stronger financial outcomes, allowing them to focus on delivering quality patient care.
Why Medi Bill Wise
Importance of Choosing Medi Bill Wise RCM Service in Medical Billing
Managing a medical practice’s finances is challenging, with evolving regulations, strict insurance policies, and high patient expectations leading to revenue loss and cash flow issues. Fortunately, Medi Bill Wise’s RCM experts ensure financial stability. Our certified coders prevent revenue leakage, enrollment specialists secure top payer contracts, and billing experts maximize collections. Don’t let finances overwhelm you—Medi Bill Wise optimizes your revenue cycle for better cash flow and patient satisfaction. Contact us today to boost your practice’s financial health.
"Boost revenue cycle success with Medi Bill Wise's coding excellence."
Achieve Revenue cycle Cuccess Via Medi Bill Wise Coding Excellence
Medi Bill Wise’s medical revenue service enhances revenue cycles with expert medical coding. Our advanced coding technology analyzes medical charts to identify high-value codes, while our CPC-certified coders review each chart to uncover revenue opportunities missed by algorithms. This blend of technology and expertise ensures a superior RCM solution, maximizing revenue for your healthcare facility.
- Advanced Coding Technology
- CPC-Certified Coders
- Technology & Expertise Integration
- Maximized Revenue
Optimize Your Revenue Via Medi Bill Wise Audit And Insight
Our audit specialists use the Medi Bill Wise Revenue Integrity process to analyze your revenue cycle, identifying key areas for coding and billing improvements. Our billing consultants develop targeted solutions to fix inefficiencies, ensuring a smoother financial process. By treating your revenue cycle as a whole, we implement the best RCM strategies to strengthen cash flow and maximize revenue for your practice.
End-to-End RCM Service Features by Medi Bill Wise
You have nothing to lose and everything to gain with Medi Bill Wise Medical Revenue Cycle Management features. This means our healthcare RCM service is the partner you can trust for your revenue cycle success.
Charge Entry Feature
- ✔ Claim creation, validation, and transmission
- ✔ Entering valid super-bill information
- ✔ Claim approval confirmation
- ✔ Claim status tracking
Remittance Processing Feature
- ✔ Processing of payments from the payers
- ✔ Processing of adjustments and denials
- ✔ Reconciling payments to the provider’s claims
Insurance Follow-Up Feature
- ✔ Following up with payers for unpaid claims
- ✔ Following up with payers for underpaid claims
- ✔ Contact payers on a provider’s behalf
- ✔ Negotiating and resolving claim disputes
KPI Reporting & Analytics
- ✔ Monitors your key performance indicators
- ✔ Analyzes days in accounts receivable
- ✔ Analyzes claim denial rate and collection rate
- ✔ Comprehensive and customizable reports
- ✔ Advanced data visualization tools
Patient Collections Feature
- ✔ Collecting patient payments
- ✔ Managing initial statement + final notice
- ✔ Sending clean bills and reminders to patients
- ✔ Convenient payment options for patients
A/R Management Feature
- ✔ Reduces the aging of outstanding A/R
- ✔ A/R workflow optimization
- ✔ Claim approval confirmation
- ✔ Collecting A/R collections from the payers and patients
Coding and Documentation
- ✔ Coding provider’s services compliantly
- ✔ Using the latest coding standards and guidelines
- ✔ Capturing relevant details that support a provider’s claims
- ✔ Justifying a provider’s reimbursement for their services
- ✔ Performing medical bill audits
Charge Capture Feature
- ✔ Capturing and validating the service charges
- ✔ Leveraging charge sheets and EHRs
- ✔ Ensuring charges are consistent with coding and documentation
- ✔ Reconciling your charges with your claims
- ✔ Reconciling charges with your contractual agreements with the payers
Contract Management
- ✔ Managing contractual agreements with the payers
- ✔ Determining how much you get paid for your services
- ✔ Reviewing and negotiating your contracts
- ✔ Monitoring the contracts’ compliance
- ✔ Analyzing the contract performance
- ✔ Using metrics like contract yield and case mix index (CMI)
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We would love to speak with you. Feel free to reach out using the below details.
Your Trusted Partner in Medical Billing Excellence, Maximized Revenue, Smarter Healthcare Solutions.
About Us
Contact Info
- +1 (815) 551-5519
- Info@medibillwise.com
- 1001 S. MAIN ST. STE 600, KALISPELL, MT 59901