COMPREHENSIVE REVENUE CYCLE MANAGEMENT SERVICES for Hospitals
Strengthen the financial health of your hospital with the experienced RCM professionals at HRCS.
How we can help your hospital
Expert Medical Billing Services
Full Revenue Cycle Management Outsourcing Services
Full Revenue Cycle Management Outsourcing Services
Our team of RCM experts has more than 25 years of experience delivering Revenue Cycle Management Services for our clients.
We provide our hospital clients with efficiency gains, increased corporate and governmental compliance, and overall optimized financial performance.
Full Revenue Cycle Management Outsourcing Services
Full Revenue Cycle Management Outsourcing Services
Full Revenue Cycle Management Outsourcing Services
While your hospital or health system may be facing financial challenges, optimizing your revenue cycle can help reduce the burden of revenue cycle management, keep up with regulatory changes, and ultimately increase the financial health of your organization.
We provide customized services that efficiently and effectively help our clients collect more of what they are owed.
Credit Balance Remediation
Full Revenue Cycle Management Outsourcing Services
Credit Balance Remediation
Timely resolution of your credit balances can generate a significant net income pickup for your organization. Typically, only 15% of your credit balances result in refunds to patients/payers.
Resolving your credit balances is necessary for maintaining compliance, but it can also be a revenue opportunity. How many Credits are on your balance sheet?
Accounts Receivable
Eligibility & Fee for Service Review
Credit Balance Remediation
Optimize collection efforts by reducing the Accounts Receivable (A/R) lifecycle of your organization. This means efficiently collecting on your accounts, recovering overdue payments, and maintaining a good relationship with patients.
Denial Prevention Analysis
Eligibility & Fee for Service Review
Eligibility & Fee for Service Review
Healthcare organizations average nearly $9,000,000 in denials annually, according to a report published by the IRS. But even recouping that money comes at a cost to organization resources and staffing. You can reduce or even eliminate costly denials.
Eligibility & Fee for Service Review
Eligibility & Fee for Service Review
Eligibility & Fee for Service Review
Improve your cash flow and decrease potential write-offs by correcting your organization’s eligibility and FFS issues. Even a small percentage of eligibility misses can cost your organization big.
recoup more patient revenue
Are you leaving money on the table?
At Hospital Revenue Cycle Solutions, we have the technology, experts, and processes to analyze the big data in your hospital and provide you with the information that will help you recoup more of your patient revenue.
Our hospital clients keep coming back to HRCS because we efficiently and effectively help them collect more of what they are owed. Our experts not only work out A/R but also manage denials and remediate root issues at their source through the trend analysis of your organization’s big data.
Let us help you find the answers to these questions and more:
- Which are our problem payers that consume the most of my staff’s time?
- What are the top three reasons for our claim denials?
- Which accounts have been written off as uncompensated care that was actually eligible for Medicaid coverage?
- What money might we have left on the table?
