- Eligibility and Benefits Verification
- Patient Demographics Entry
- Charge Entry
- Medical Coding Services
- Claims Submission Work Edits and Rejection
- Payment Posting Services
- Accounts Receivable Management
- Denial Management Services
- Coding Denial Management
- Credit Balance Services
- Patient Statement Services
- Revenue Cycle Analytics
Comprehensive Revenue Cycle Analytics Services
In the face of declining reimbursement rates, healthcare organizations must prioritize establishing robust reporting and analytics programs to identify and address revenue cycle inefficiencies. While many practice management software solutions offer reporting features, the consistent generation and review of these reports require discipline and expertise.
NTMD RCM’s Revenue Cycle Analytics Services
NTMD RCM offers cutting-edge Revenue Cycle Analytics Services to empower healthcare organizations to assess and optimize their revenue cycles effectively. Leveraging our extensive operational expertise, we provide data-driven insights to support informed decision-making.
Our services encompass:
- Accounts Receivable Analytics:
– Monitor key performance indicators (KPIs) related to accounts receivable to uncover inefficiencies and maximize collections.
- Denials Analytics:
– Gain insight into lost revenue from unpaid claims, identify top denial reasons, and develop strategies to enhance collections. We assist in establishing sustainable denial prevention processes.
- Revenue Cycle KPIs:
– Benchmark your revenue cycle performance against industry standards such as MGMA benchmarks. Identify areas for improvement and optimize performance.
NTMD RCM’s revenue cycle analytics services enable organizations to evaluate their performance comprehensively and implement strategies for improvement across all aspects of medical billing processes. Our dedicated teams collaborate with clients to initiate and execute comprehensive process enhancements, driving better revenue cycle outcomes.
Choose NTMD RCM for advanced analytics solutions that empower your organization to thrive in today’s challenging healthcare landscape.
