The success of a medical practice hinges on knowing how well its medical coding, billing and collections process is generating revenue at any given moment. Physicians who are struggling to maintain control are not alone. A growing number of peers feel the same way. But how do physicians stay connected 24/7, remain in control of their practice and still maintain their focus on patient care?In two words: tracking and reporting.
This isn’t your predecessor’s reporting and tracking we’re talking about. 2013 opens up a new world of 21st century connectivity and control in revenue cycle management when medical practices have, at their fingertips:
- Regular reports with the most current data
- Data automatically populated – 24/7 access to information and reports
- Customized reports
- Scheduled reports daily, weekly, monthly
- The ability to track results on demand, in real time
- Push desired reports to inbox
- Access via cell phone, in office or at home
What’s more, these reports aren’t in a template designed the same way for the practice down the street or around the corner. They’re tailored to the unique needs of each practice and medical specialty. And they track every single coding, billing and collections item in process. Physicians now can obtain regular reports with the most current data on revenue related activities. Best of all, there is no more waiting to find out what’s coming in, or wondering where they actually are the process.
There’s a new tool that makes it all happen – Revenue Cycle Management (RCM) Console, provided by revMD.
Revenue performance information with up-to-the-minute reporting is free for all revMD clients. Now, staff can track, review or question every single coding, billing and collections item in process and in real time. Regular reports can be obtained with the most current data on revenue related activities. There’s no more waiting in suspense to find out what’s coming in or what claim has not been paid.
revMD.com is the results-proven alternative for healthcare revenue cycle management, with a niche specialization in medical coding and billing that generates unprecedented results and builds profitable medical practices. Leveraging a history of industry wide success spanning 25 years, revMD.com partners with medical practices in Arizona and throughout the U.S. to optimize revenue for hospital based and practice based physicians. For more information, visit www.revmd.com.