It is mandatory that,
physicians, hospitals and health systems need to complete their transactions
quickly and efficiently to sustain customer confidence and remain competitive.
This is more in US, as efficient management of the revenue cycle means
receiving payments on-time and an assurance on greater business viability.
Each doctor or hospital
that does not put the right focus on planning and efficient performance may
end-up with cash collections that are lower than desired, high accounts
receivable balances, frequent write-offs, and patient and physician
dissatisfaction.
Adherence to revenue cycle
operating standards means to follow the essential elements that are required to
run a professional billing process. BRPTech Hyderabad helps US health
professionals, hospitals and health systems to achieve the revenue cycle
operating standards. Our comprehensive coverage of revenue cycle operating standards
includes,
Capable Management:
By providing high quality training support, we ensure that the health systems
and hospitals achieve efficiency in billing operations. Our efforts to enhance
the capabilities of the management means to establish and enforce performance
and productivity standards for billing functions - coding, charge entry,
insurance follow-up and payment posting. We also provide for the selection of
the right IT system and configuration
Organization Model:
We suggest following of a hybrid strategy that takes the best of centralized
and decentralized billing operations. By adopting the right in-sourcing and
outsourcing strategy we help the health systems to avail the support of
advanced practice management capabilities more quickly and more economically
Consolidated Practice Management Systems: We adhere and uphold a single practice management
system that provides for, work flow, billing flow, management of CMS-1500 and
UB-04 claims forms, and integration with EHR. By a consolidated practice
management system we help the health system to adhere with US healthcare and
environment legislation.
Enforcing productivity standards: We help the health systems to manage productivity,
backlogs, processing time and error rates. We ensure that the front-office
errors are routed back to the clinic for resolution. We train billing managers
to effectively track revenue cycle performance and identify where errors are
originating and what best solution can be adopted.
Best Coding and Compliance Model: The diversity associated with scores of CPT and
diagnosis codes can be adequately tackled by transition to ICD-10, introduced
in October 2014. Finally, our focus is on maintaining coding programs that
balance regulatory compliance with revenue enhancement. Our best coding and
compliance model helps the health systems to achieve patient and provider
satisfaction.
BRPTech Hyderabad's
expertise in developing effective physician practice revenue cycle includes,
sophisticated leadership skills, strategic vision, organizational design,
management discipline, and infrastructure development. With us, the clients -
physicians, hospitals and health systems as assured of a smooth and robust
functioning revenue cycle process that goes a long way in assuring high impact
on the bottom line of the business practice.
About us: BRPTech Hyderabad, an industry leader in healthcare revenue cycle management has been providing innovative billing, coding, and training solutions to multi-specialty medical communities since 2001. BRPTech is headed by Srikant Bommireddipalli is a leading consultant for healthcare revenue cycle management. Also, as the Master Trainer at BRPTech, Srikant Bommireddipalli guides and mentors aspiring career aspirants towards building a successful and lucrative career in Medical Billing, Medical Coding, Accounts Receivable and other RCM domains.
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