Professional Healthcare Revenue Cycle Management Company

At Advance RCM, we provide Billing and Revenue Cycle Management services to help your medical practice manage its financial processes efficiently. 

Comprehensive Revenue Cycle Management Services

Medical Billing

Comprehensive medical billing services that ensure timely claim submissions for accurate reimbursement.

Medical Coding

Accurate medical coding services to correctly document procedures and diagnoses for proper claim processing.

Claim Submission

Submit claims promptly with a focus on accuracy to ensure a higher rate of acceptance by
payers.

Eligibility Verification

Verify patient insurance coverage to reduce claim rejections and ensure correct billing from the start.

Account Receivables

Manage account receivables efficiently, helping to reduce outstanding balances and improve payment collections.

Denial Management

Identify and resolve denied claims quickly, ensuring issues are addressed to avoid revenue loss.

Provider Credentialing

Facilitate provider credentialing to meet payer requirements and ensure participation in insurance networks.

Medical Billing Audit

Conduct thorough billing audits to identify discrepancies and maintain compliance with billing regulations.

AdvanceRCM Medical Billing Company

Revenue Cycle Management Solutions for Medical Practices

At Advance RCM, we handle the entire financial process for your practice, from claim submission and coding to denial management and payment follow-ups. Our comprehensive services reduce administrative burdens, manage patient billing inquiries, and ensure smooth operations, allowing you to focus on patient care.

Reduce Accounts Receivable (AR) by up to

30%

Increase Revenue Collection by up to

20%

Improve Claim Approval by
up to

98%

Outsource Revenue Cycle Management Services

At Advance RCM, we work to ensure your practice remains financially healthy while you focus on providing care. With a team of experts and a comprehensive approach to managing your revenue cycle, we help you reduce errors, speed up payments, and improve compliance.

Contact us today to learn how our revenue cycle management solution can benefit your practice.

How Our Revenue Cycle Services Work?

From the moment a patient registers to the time the payment is completed, our end-to-end revenue cycle services include:

Patient Registration

We gather and verify patient information, including insurance details, to ensure accurate billing from the start.

Eligibility Verification

Before services are provided, we confirm insurance coverage to prevent claim denials and ensure services are covered.

Charge Entry

We accurately enter and process charges for the services rendered, ensuring that all billable items are captured correctly.

Medical Coding

Our certified coders assign accurate codes for diagnoses and procedures, ensuring compliance with billing guidelines.

Claim Submission

We prepare and submit claims to insurance companies, ensuring accuracy and timely processing.

Payment Posting

Once payments are received, we post them to your system, reconciling any discrepancies.

Denial Management

For denied claims, we investigate the reasons, correct errors, and resubmit to recover lost revenue.

Accounts Receivable Follow-Up

We follow up on outstanding claims and overdue payments to maintain healthy cash flow.

Patient Billing

We manage patient billing, handling inquiries and collections to reduce the administrative workload on your team.

Reporting & Analysis

We provide detailed financial reports and insights to help you optimize your revenue cycle and financial performance.

Patient Satisfaction Surveys

Collecting feedback from patients regarding their billing experience to identify areas for improvement and enhance overall service.

Regulatory Compliance Monitoring

Keeping abreast of changes in healthcare regulations, payer policies, and compliance requirements to mitigate risks.

Our RCM and Billing Process

Our comprehensive RCM process ensures efficient billing and payment collection.

  1. Patient Registration: Capturing accurate patient details.
  2. Eligibility Verification: Confirming insurance coverage.
  3. Charge Entry: Inputting service charges correctly.
  4. Medical Coding: Applying proper billing codes.
  5. Claim Submission: Submitting clean claims promptly.
  6. Payment Posting: Recording payments in real-time.
  7. Denial Management: Resolving denied or underpaid claims.
  8. Accounts Receivable Follow-Up: Pursuing outstanding balances.
  9. Patient Billing: Sending clear patient statements.
  10. Reporting & Analysis: Providing actionable financial insights.
Revenue Cycle Management Company

Revenue Cycle Managed Services and Outsourcing Solutions

At Advance RCM, we offer a full range of revenue cycle-managed services and outsourcing solutions to support the financial operations of medical practices. Our services take over the essential yet time-consuming tasks of managing your revenue cycle, ensuring that your practice operates efficiently while maximizing revenue collection.

By outsourcing your revenue cycle management to us, you can reduce the administrative burden on your staff and improve overall cash flow. Our experienced team handles every aspect of the revenue cycle, from insurance verification and claim submissions to managing patient billing and collections.

Specialties We Serve

We offer Revenue Cycle Management Services for the following Specialties

Pain Management

Family Medicine

Orthopedics

Sports Medicine

Nutritionist/RD

Cardiology

Pulmonology

Gastroenterology

What Our Clients Say About Us

Simplify Your Revenue Cycle With Expert Revenue Cycle Management Services

Contact us today to improve billing accuracy, reduce denials, and speed up payments. Start transforming your practice’s revenue!