Simplicity in Billing: eClinicalWorks® based Revenue Cycle Management
What will the future of medical care look like for clinics and short term care providers? specifically with the Affordable Care Act targeted for replacement?
The ACA is being reworked and reconsidered for adoption by the House and Senate. One big unknown for providers is costs associated with Medicaid and Medicare now and in 4 years. It isn’t clear if the entire Obamacare law will be thrown out and replaced or even if the new framework will put small providers out of business.
One cost saving measure is to lock down the revenue cycle management. Allowing experts to manage the billing operations is a fixed cost that alleviates some uncertainty.
Here are a few advantages for eClinicalWorks® based revenue cycle management:
No more chasing invoices
- Stem the flow of lost money due to patients without insurance or who don’t have up front co-pay money. Getting patients to pay on a bill once they have left the office is a time consuming effort.
No more billing software headaches
- A billing company takes care of the technology updating the software which can be expensive for thinly stretched providers. Most clinics and doctor’s offices aren’t equipped to handle IT issues as they happen.
No more additional work
- Following the billing process from patient visit to paid invoice is important for not repeating steps in the cycle. Coding errors, double billing and incomplete information can mess up a revenue cycle if details aren’t met. This of course is expensive creating additional work for employees.
Health care providers need to control as many costs as possible in the current political environment. The best way to do that is by letting eClinicalWorks® based revenue cycle management streamline the billing process. Stop chasing dollars and crosschecking codes for accuracy. Get back to the business of health.