Your mission is to care for your patients. However, the Centers for Medicare & Medicaid Services predict that healthcare costs will double from $1.1 trillion in 1997 to $2.2 trillion in 2008, and that 24% of these costs will be administrative.
Making the most of every dollar invested in your business office and billing staff is critical for survival and success in today’s competitive healthcare market. You are looking to reducing the cost of business office salaries and benefits, as well as utilizing technology to drive every aspect of the revenue cycle. However, this is not your core expertise and more often than not can lead to sub-optimal investments in tools and technologies. You are plagued by staffing issues. You are always worried about quality control and regulatory compliance.
We can help you significantly reduce payroll costs, accelerate revenue cycles, assure transaction-processing accuracy and regulatory compliance, and enhance patient and physician satisfaction. Let us work with you to reduce your costs, staff recruitment and training time, and increase your net revenue. We are a full service one-stop shop for all your Revenue Cycle Management solution and services.
We have implemented solutions that you can leverage to gain insights into the performance of your revenue cycle. A dashboard provides you with a bird’s eye view of your key performance indicators and is a good starting point to delve deeper into other performance measures.
Our highly trained personnel, productized solutions, and compliance processes will speed your administrative operations, allowing you free to concentrate on serving your customers and enhancing customer and physician satisfaction scores. Our solution will help increase your revenues while reducing your costs.
RevenueXL has been providing offshore healthcare transaction processing services for several clinics, large and small, and has proved its capabilities by not only providing cost savings of 30% to 50% but also increasing net revenues by over 25%. We get paid when you get paid. Our solution for Clinics and Practices includes:
- Medical Transcription
- Coding or Code Review
- Charge Entry
- Claim submission
- Payment posting
- Patient and Payer follow-up
- Denial Management
- Contract Management
- Boost in revenue
- Productized Solution
- Assured Administrative Process Quality
- Faster turnaround
- Guaranteed accuracy
- Reduced Payroll Costs
- Enhanced Patient and physician satisfaction