GULF Revenue Cycle Management
At Gulf To Bay Physician Services, we understand that effective Revenue Cycle Management (RCM) is crucial for the financial health of any medical practice. Our comprehensive RCM services are designed to streamline your billing processes, optimize revenue, and ensure compliance with healthcare regulations.
OUR RCM SERVICES
1. PATIENT REGISTRATION AND ELIGIBILITY VERIFICATION
We ensure accurate patient information collection and verify insurance eligibility to minimize claim rejections and delays.
2. MEDICAL CODING
Our certified medical coders translate patient encounters into accurate codes, ensuring compliance with ICD-10, CPT, and HCPCS coding standards.
3. CHARGE CAPTURE AND BILLING
We meticulously capture all billable services and submit clean claims to insurance carriers promptly, reducing the risk of denials.
4. CLAIMS SUBMISSION AND MANAGEMENT
Our team handles the entire claims submission process, including electronic and paper claims, and follows up on unpaid claims to expedite reimbursement.
5. PAYMENT POSTING AND RECONCILIATION
We post payments accurately and reconcile them against charges to identify discrepancies and ensure proper payment allocation.
6. DENIAL MANAGEMENT
Our experts analyze denied claims, identify root causes, and implement corrective actions to reduce future denials and recover lost revenue.
7. ACCOUNTS RECEIVABLE (AR) MANAGEMENT
We actively manage your AR, employing strategies to reduce outstanding balances and improve cash flow.
8. PATIENT BILLING AND COLLECTIONS
We handle patient billing and collections with professionalism and sensitivity, ensuring clear communication and efficient resolution of outstanding balances.
9. FINANCIAL REPORTING AND ANALYSIS
Our detailed financial reports provide insights into your practice’s performance, helping you make informed decisions and identify areas for improvement.
10. COMPLIANCE AND REGULATORY SUPPORT
We stay up-to-date with the latest healthcare regulations and compliance requirements, ensuring your practice adheres to all relevant laws and guidelines.
WHY CHOOSE US?
- EXPERTISE: Our team of experienced professionals is well-versed in the intricacies of medical billing and coding.
- TECHNOLOGY: We leverage state-of-the-art technology to streamline RCM processes and enhance efficiency.
- CUSTOMIZATION: Our services are tailored to meet the unique needs of your practice, ensuring maximum effectiveness.
- TRANSPARENCY: We provide transparent reporting and regular updates, so you always know the status of your revenue cycle.
- SUPPORT: Our dedicated support team is always available to address any questions or concerns you may have.
Partner with Gulf To Bay Physician Services for your Revenue Cycle Management needs and experience improved financial performance, reduced administrative burden, and increased focus on patient care.