eClinicalWorks®: Revenue Cycle Management Solution
The biggest risk medical practices have is not obtaining payment from patients after they have received a service. You must have a system in place to prevent that from happening as much as possible. eClinicalWorks® based billing solutions can help improve your Revenue Cycle Management (RCM) and make sure you are getting paid.
RCM assists your office with payment processing and generating income. RCM can help you determine the patient’s eligibility, collect co-payments, file and track claims and follow-up with patients.
How Implementing an RCM is Beneficial to Medical Practices
It allows insurance claims to be submitted faster to the clearinghouse. The staff can track claims and check for errors to expedite the payment process.
It improves communication between staff members and physicians. It prevents mistakes in collecting co-payments and patient eligibility by having the information readily available to staff members. This allows the work to flow smoothly and reduce human error.
RCM allows you to trend your data. This means you can combine the information gathered from multiple sources regarding patients and have it analyzed. Analyzing patient information, sales, and patient satisfaction can help you determine where you can improve.
It improves patient interactions with the receptionist and other staff members. It can send out automatic reminders to lessen the amount of no-shows. It can process credit cards for co-pays or other up-front expenses.
At EMR Billing Solutions we specialize in eClinicalWorks®. If you want an expert in the best billing software available to help you save money and make your billing more accurate, contact us.