PRMS can help you analyze your current revenue cycle operations and focus on ways to improve revenue capture and collection. Revenue problems rarely stem from a single source; they are most often the result of deficiencies in education, training, staffing levels, workflow, or poorly implemented computer software. Each deficiency must be addressed as part of a coordinated solution to obtain real improvement.
As the first step of our RC Review, we establish baseline measurements of a provider’s financial and revenue cycle performance and create applicable benchmarks. We’ll send experienced Revenue Cycle consultants on-site to gather the information necessary to provide you with recommendations in the following areas:
Scheduling / Pre-registration
Admissions / Registration
Insurance Verification
Charge Processing
Charge Description Master
Case Management
Health Information Management
Billing
Follow up / Collections
Payment Posting
Bad Debt / Agency Management
We will complete a detailed operational assessment of the revenue cycle to identify opportunities for improvement, while also focusing on operational and documentary compliance with HIPAA privacy and security standards. We’ll then provide a written work plan containing an assessment of your overall revenue operations, and recommendations for the creation, implementation and monitoring of workable solutions.
On The Money LLC, is a medical billing and full practice management firm, designed with your practice in mind. A medical billing company should be an efficient extension to your office staff and billing department. They should be an extension to your practice to INCREASE revenue, at the same time, giving the physician more time to treat patients and deal only with patient care while we take care of all the medical billing! On the Money LLC understands the importance of an outsourced medical billing company that you can fully rely on. That's why we focus on providing the best medical billing and practice management services possible. We get the work done quickly and accurately, providing stellar support that will ensure that you can keep your practice running smoothly. You can count on us to get back to you promptly, and when you call us, we are always available! We make getting your practice the maximum reimbursement possible for all of your medical billing claims! On the Money LLC, offers a full range of medical billing and practice management services. We customize our services to meet the needs of your medical practice. On the Money LLC, will provide you, your office, and your staff, with a stress free environment that will leave you, and your medical practice staff, the opportunity to focus on providing the best possible medical care for your patients!
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