Understanding the value of dermatology RCM
This post was updated on October 23, 2018.
Whether your practice employs an internal dermatology medical billing specialist or uses a third-party vendor for the function, you’d undoubtedly agree that good medical billing is a vital component of your practice. But is it enough? Just like you can’t expect a patient to visit the office once and be permanently healed, simply sending a bill and expecting payment can’t sustain a healthy practice. Many components contribute to successful outcomes of both patient health and practice health.
So if focusing on billing isn’t enough, what’s the solution? The answer is taking a more modern approach to dermatology billing in the form of revenue cycle management (RCM).
What is dermatology RCM? Simply put, it’s a specialty-specific service—one that provides a more efficient and effective way to help collect what you are owed and free up staff. Sounds good! But how? By decreasing the time of claims outstanding, eliminating patient billing calls to your busy practice, lowering claim denials and so much more.
Say your car is a little sluggish and you need to get it checked out. Would you take your American roadster to a shop that specializes in German vehicles? We’re guessing not. Sure, they both fix cars, but as they say, the devil is in the details. That’s why you need dermatology billing services to help your practice experience peak performance.
Modernizing Medicine’s® Revenue Cycle Management service manages claims and payment with a unique combination of people, processes and technology.
Interested in learning more about our dermatology billing services?