Four Step approach for Improved RCM

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Four Step approach for Improved RCM
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Subtitle / Points

• Effective revenue cycle management (RCM) has
  become all the more important effectual
  components being experienced staff, proficient
  workflow processes, professional EHR systems, and
  the readiness to learn and adapt (physicians and
  staff).

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Subtitle / Points
Approaches for positive RCM services

• Step 1 Verification
• Step 2 PMS and Charge capture
• Step 3 Automatic payment posting and consistency
  check
• Step 4 Claims and Real time billing

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Subtitle / Points

• Verification The RCM approach begins with
  patient registration and verification.
• Once a patient calls for an appointment, the
  best process is to ensure that the patient
  registers on the hospital's website while
  furnishing all demographics and other details
  (insurance, address etc.).
• 2. PMS and Charge capture Select the apt
  Practice Management System (PMS) as per the
  healthcare facility's needs (essential/desirable
  features and its integration with EHR).

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Subtitle / Points
3. Automatic payment posting and consistency
check Convert paper EOBs to electronic
transactions 837s to patient accounts by
automatic posting thereby reducing errors, paper
work, staff effort and time. 4. Claims and Real
time billing Claims need to flow efficiently, be
submitted on time (clearinghouse/billing team
finally to insurance payer) and electronically.
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Subtitle / Points
Contact Us
here 4625
Morse RD., Suite 208, Gahanna, Ohio 43230

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Toll Free
888-357-3226
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