bing track

Modernizing Medicine's® Revenue Cycle Management service

Specialty-specific billing because your RCM needs to be as focused as your medical practice

Get Paid What You Deserve

Outsource billing and collections with our specialty-specific RCM services

  • RCM_ImageCopy2

With Modernizing Medicine’s RCM service, you can have peace of mind knowing our combined use of technology, people and proven processes can help you to:

  • Improve your revenue cycle
  • Lower claim denials
  • Increase patient collections
  • Achieve more profitability
  • Grow your business

Customized Billing Processes and Procedures

Our customized billing processes and procedures backed by highly personalized service can give you improved RCM processes.

While most outsourced billing services provide a basic set of administrative services to process claims, we use a three-pronged approach using specialty-specific technology, highly skilled people and well-established processes to get better results than you can get with administrative services alone.

Our billing specialists do the work for you to help ensure you get the payments you deserve. Our trained customer service representatives can drive better results in collections too with our outbound courtesy collection calling to patients.

More Power, Savings and Efficiencies

  • Efficiency-56805214a

Physicians recognize the added benefits and convenience of having a single source for the combined technology and services needed to run their practices and optimize results.

Clients choosing our Electronic Medical Assistant™ (EMA) as their preferred electronic medical records (EMR) system along with our billing service can experience more efficient, streamlined workflow and billing processes at the point of care.

Using EMA with our other specialty-specific services can give you the convenience of a one-stop shop. Plus, you get future development focused on enhancing all products and services to work better together than if you chose different solutions from multiple vendors.

When you select both EMA and Revenue Cycle Management, you get a specialty-specific focus across the board.

Evaluate Your Billing Performance

Many practices miss the mark on financial performance because they aren’t analyzing all of the factors that impact revenue. To see how you measure up, look at all of the metrics and consider the impact of the following:

  • Total Clinical Collections — How much do you generate in total clinical collections?
  • Net Collection Ratio — What percentage of money do you collect against the amount you are legally owed?
  • Adjustments/Write-Offs — What are your current insurance adjustments? Are all of your write-offs justified?
  • Days Sales Outstanding — How long is it taking you to collect money from the date of service?
  • Aged A/R Analysis — What are your current A/R balances? Is the majority (85% or higher) collected within 0-60 days?

We can help you take a closer look at these key performance indicators and work with you to improve them.

Success Stories

Our clients say it best

Physicians across the country are relying on EMA to turn busy clinical
operations into serious opportunities for improved outcomes.

  • Danville_Derm_Team

Since using RCM, our patient collections have been the best they’ve ever been and our accounts receivables have decreased significantly. Modernizing Medicine manages the entire billing process, from the time the patient comes in until the time we are paid.

– Marie Miller, Office Manager

Download the Case Study

Discover how our RCM service can help improve your financial performance