EFFECTIVE REVENUE CYCLE MANAGEMENT IN HOUSTON - PATRIOTMEDBILL

Effective Revenue Cycle Management in Houston - Patriotmedbill

Effective Revenue Cycle Management in Houston - Patriotmedbill

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When the whole world was struck by COVID-19, leaving most people in turmoil, Healthcare industries also faced the same confusion. Health practices big and small are now trying to develop support. Patients stay home in large numbers, as they were scared to step out among the masses. It is not surprising considering how fearful people are of the virus lingering tat public places. Many don't want to go out, canceling appointments, tests, and essential procedures that they really should be keeping, simply because they were scared of getting infected.

In light of the recent shifts in the economic environment and the economy, it is crucial to be more attentive to the financial stability of your business. Don't let a soaring economy put your business at risk when there are many hurdles to conquer.

The efficiency of a healthcare practice's billing operations significantly impacts its financial performance. Though you may be of the misconception that you already have your billing process under control, you must realize that billing is only one component of the revenue cycle management.

Patriotmedbill has accumulated experience handling specialties of all kinds while consciously providing cost containment using cutting-edge technology. Our end-to-end services focus on the entire revenue cycle, including checking the demographics to billing and reporting.

Medical Revenue Cycle Management in Houston is essential to any hospital or clinic. They help monitor revenue capture billing and deal with the entire revenue cycle. You can vest the responsibility to your internal staff or any third-party vendors as Patriotmedbill to help with your day-to-day operations. Acquiring this consulting can validate your work and enable you to be appropriately compensated for this service. Our Revenue Cycle Management Houston solutions help improve patient satisfaction by efficiently managing insurance claims.

Want to know how Patriotmedbill can help your facility with varied medical revenue services in Houston? 

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Revenue Cycle Management Vs. Medical Billing Services 

Revenue cycle management is vital to the success of any healthcare institution. An effective Revenue Cycle Management solution in Houston must include all the medical billing components, and it is far more than the payment posting process. Most healthcare facilities and professionals use Revenue Cycle Management solutions in Houston to evaluate, track, and effectively complete the status of patient claims. At the same time, medical billing services involve deferring claims for services rendered.

Revenue Cycle Management Houston includes more processes than we deal with billing services. It comprises numerous financial dealings that happen between patients and healthcare providers.

Patriotmedbill’s Revenue Cycle Management in Houston encompass :



  • Patient Registration

  • Identifying and Entering Patient Information Required for Billing - Including using CPT and ICD-9 codes

  • Medical Coding

  • Medical Billing

  • Eligibility Verification

  • Claims Authentication Check

  • Claims Generation

  • Claims Submission

  • A/R Collections

  • Charge Entry and Payment Posting

  • Charge Capture and Coding

  • Insurance Follow-Up

  • Denial Management

  • Patient Follow-up

  • Reporting

  • Credit Balances

  • Provider Enrollment and Credentialing


 

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