Revenue Cycle Management
The health care revenue cycle is the financial continuum of a patient encounter, beginning with registration and ending with final payment. MDAssociates helps you manage this cycle for optimal profitability with start-to-finish services that include:
- Patient record download or data entry
- Coding consultation as needed
- Insurance claim submission
- Secondary insurance claim submission
- Resubmission of denied or downcoded claims
- Patient billing and related customer service
- Patient collections on overdue accounts
- Customized, detailed monthly reports
With our help in managing the revenue cycle, our clients typically experience:
- Improved cash flow
- Maximized insurance reimbursement
- Improved rates of overturned payment denials
- Resolution of a greater percentage of outstanding patient accounts