Revenue Cycle Management
Revenue Cycle Management
Complete Revenue Cycle Management solutions from claims to collection for mediclaim insurance. Boost practice profitability with our comprehensive RCM services. End-to-end revenue cycle management for maximum efficiency and revenue optimization with mediclaim insurance companies.
About Revenue Cycle Management
Revenue Cycle Management (RCM) is the comprehensive process of managing the financial aspects of patient care, from initial patient registration through final payment collection. It encompasses all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue, especially for mediclaim insurance claims.
medAxis360 provides end-to-end RCM solutions that streamline your entire revenue cycle, from patient intake and mediclaim insurance verification to claim submission, payment posting, and accounts receivable management. Our integrated approach ensures maximum revenue capture and optimal cash flow for healthcare providers dealing with mediclaim insurance.
Complete RCM Solutions
Claims to Collection, the RCM that boosts practice profitability with Mediclaim Insurance!
Patient Registration & Eligibility
We handle patient registration, mediclaim insurance verification, and benefit confirmation to ensure accurate information from the start of the revenue cycle.
Charge Capture & Coding
Our team ensures all services are properly captured, coded accurately for mediclaim insurance claims, and documented to support maximum reimbursement.
Claim Submission & Management
We submit clean mediclaim insurance claims promptly, track submission status, and manage the entire claims lifecycle for optimal results.
Payment Posting & Reconciliation
All payments from mediclaim insurance companies are posted accurately, reconciled with remittances, and tracked for complete financial transparency.
Accounts Receivable Management
Our proactive A/R management includes follow-up on outstanding mediclaim insurance claims, patient balance collection, and aging analysis to accelerate cash flow.
Denial Management & Appeals
We identify, analyze, and appeal denied mediclaim insurance claims to recover lost revenue and prevent future denials through process improvements.
Reporting & Analytics
Comprehensive reporting and analytics provide insights into revenue performance, mediclaim insurance denial trends, and opportunities for optimization.
Our RCM Process Flow
Patient Registration
Collect and verify patient demographics and mediclaim insurance information
Eligibility Verification
Verify mediclaim insurance coverage and benefits before services
Charge Capture
Capture all services rendered with appropriate charges for mediclaim insurance billing
Medical Coding
Assign accurate ICD-10, CPT, and HCPCS codes for mediclaim insurance claims
Claim Preparation
Prepare clean, compliant mediclaim insurance claims for submission
Claim Submission
Submit mediclaim insurance claims electronically to payers promptly
Payment Posting
Post payments from mediclaim insurance companies and reconcile with remittances
A/R Follow-Up
Follow up on outstanding mediclaim insurance claims and patient balances
Denial Management
Appeal mediclaim insurance denials and implement preventive measures
Reporting
Provide comprehensive reports and analytics on mediclaim insurance revenue performance
RCM Benefits
What We Offer
End-to-End RCM Solutions
- Complete revenue cycle management for mediclaim insurance
- Integrated billing and coding services
- Technology-driven workflows
- Real-time performance tracking
Expert Support
- Dedicated account management
- 24/7 support and assistance
- Regular performance reviews
- Continuous process optimization
Speak to our Experts on
618-742-2054
End-to-End Medical Billing Services provider across entire US.
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FAQs
What is Revenue Cycle Management?
RCM is the comprehensive process of managing the financial aspects of patient care, from registration through final payment collection, especially for mediclaim insurance claims.
What services are included in RCM?
RCM includes patient registration, mediclaim insurance eligibility verification, charge capture, coding, claim submission, payment posting, A/R management, and denial management.
How does RCM improve revenue?
RCM optimizes every step of the revenue cycle, reducing mediclaim insurance denials, accelerating collections, and ensuring maximum reimbursement for services rendered.
