Revenue Cycle Management Solutions
Some Facts
is left on the table every year by doctors in the United States due to poor billing practices
of denied claims, on average, are left unresolved by practices
of preventable denials are a result of practices not focusing enough attention on the front end of the revenue cycle
Improve financial performance, correct operational inefficiencies and get paid faster We Can Help
Our RCM process
Revenue Cycle Management or RCM typically refers to the entire medical billing process, from beginning to end. BlissMD Healthcare Solutions Provides Complete Medical Coding and Billing Solutions to our Clients, Individual Physicians, Physician Groups and to the Hospitals. As your Coding and Billing Department our Revenue Cycle Services includes but not limited to:
- Coding of Superbills / Charge sheets / Medical records
- Entry of patient demographics
- Charge entry of each office visit and procedure
- Electronic submission of insurance claims. This includes all government agencies and private insurance companies that facilitate electronic submission. This expedites the payment cycle to an average of one to three weeks, thus greatly improving your cash flow
- Submitting paper claims for those carriers, which do not participate electronically, or claims, which require reports, special attachments, etc,
- Better cash inflow
- Posting the ERA and EOB payments which received from insurance carriers and patients
- Printing and mailing patient statements
- Follow-ups on any unpaid claims using the patient and insurance ageing reports that are produced by billing software
- Secondary insurance billing where ever applicable for any balance in accounts
- Insurance appeals
- HMO tracking and monitoring to ensure full reimbursement and timeliness of payments
- Permanent computer data storage
- Print month-end production reports for our clients: practice, analysis, aging accounts receivable and referral reports
- We educate our clients on little known industry practices that hinder maximum collections
- We enlist Competent Human Resources. They are changed with the responsibility of catering to our clients and know how to fix what is broken!
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