Revenue Cycle Management (RCM) refers to the process of identifying, collecting, and managing the practice’s revenue from payers based on the services provided. A successful RCM process is essential for a healthcare practice to maintain financial viability and continue to provide quality care for its patients. This is the right time to engage with a partner who brings deep and clear understanding of the Revenue Cycle Management. We at Indus Medica manage your billing, coding and claim submissions, so you can focus on patient care.
It has been observed that revenues for most clinics are stuck in this stage where Insurance Follow up is not a priority. Thousands of dollars are waiting to be collected but follow up with long hold periods on the phone with Insurance companies is tedious and must be minimized with timely followups . Our Account Receivable’s are well versed in identifying patient accounts that require follow-up and take the necessary action to collect unpaid and partially paid claims.