What your revenue cycle management number is saying about your practice
It’s a critical time, a time that few medical practices think about until they’re immersed in the situation.
You have decided to switch your medical billing, coding and collections service and outsource to a new company. There’s this interim period between when your current revenue cycle management contract ends and your new one begins. You’re in that in-between stage when your former medical billing and collections company is producing fewer results because they’re not as motivated to collect all they can for you anymore. At the same time, you’re awaiting the beginning of your new outsourced medical billing and collections contract.
Your accounts receivables are beginning to suffer. As a result, your cash flow is impacted. Your anxiety is building, which suddenly creates a fear of this whole transition. If only you could bridge the gap – and do it today.
You need a revenue cycle management company that not only can bridge the gap and keep your A/R flowing at optimal levels but also one that can take your A/R and medical billing, coding and collections process to new levels of success in the long haul. Only one revenue cycle management company offers the answer. Phoenix area revMD, formerly known as Asterino & Associates, provides an innovative service called Revenue Bridge to help you bridge the gap between your old and new services, and keep cash flow at optimum levels during your transition of medical billing, coding and collections services to revMD. We create strategic partnerships with 3rd party financers for claim payment guarantee during this critical on-boarding time. When a practice is transferring to revMD, we pay the former company to transfer/walk away from the remaining contract – 80 cents on every dollar.
CashFlow Bridge is an example of the innovative, problem solving solutions that revMD uses every day when they partner with medical practices to ensure optimal revenue cycle management.
The revMD revenue cycle management team combines the convenience of a billing, coding and collections department down the hall with in-house levels of control while simultaneously providing the accountability of expert professionals responding instantly to the needs of our client practices with scalable revenue cycle management resources.
Offering problem solving solutions such as this one, revMD stands apart as the clear alternative – just what the doctor ordered.