RCM Services for GI Practices
Our experienced team helps with patient billing and collections, so you can get back to doing what you do best.
Advanced Revenue Cycle Management Solutions for GI Practices
According to a 2011 Healthcare Business & Technology report, US doctors lost an estimated $125 billion each year due to poor billing practices.*
Changing medical coding guidelines. Staffing shortages. Not enough hours in the day. You’re busy and, chances are, not as focused on the financial health of your practice as you could be. ModMed® RCM Services can help.
Our team works with you to solve billing challenges and put the right processes in place to give you more visibility into your revenue cycle, so you can stay focused on providing your best care.
#1 Combination of EHR, Practice Management and Revenue Cycle Management** + Patient Engagement + Analytics
* “Medical Billing,” Hospital Billing Errors | Medical Billing Services, Healthcare Business & Technology, 2011 April 21.
** 2023 Black Book™
How Our Revenue Cycle Management Services Work
To address your revenue cycle from before patients are seen until after their balances are paid, you need more than just basic medical claims processing. That’s why our comprehensive ModMed RCM Services combines billing specialists, proven processes and practice management technology.
Running a practice is hard. Medical billing doesn’t have to be.
From the beginning to the end of your revenue cycle, our billing specialists and certified medical coders are there to support your success. We can even take patient calls, submit claims on your behalf, work with you to resolve denials, and handle other time-consuming tasks.
Evaluate your RCM performance metrics
Many practices miss the mark on financial performance because they aren’t analyzing key factors that impact their revenue cycle. How can you address problems with your revenue cycle if you don’t know where to look?
To see how your practice measures up, you need to assess your key medical billing and coding metrics and consider the impact of:
- 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 from the date of service is it taking you to collect money?
- Aged A/R Analysis — What are your current accounts receivable balances?
When you sign up for ModMed RCM Services, your practice’s client manager will take a closer look at these key performance indicators and work with you to address them.
ModMed is a leader in Revenue Cycle Management on G2
Medical Billing Services and Healthcare RCM Software
ModMed RCM Services brings together the personal support of our dedicated client managers and our innovative gPM™ practice management system. In addition to our billing services, our team will show you how to use our gPM software and take advantage of the RCM software features and reporting we provide to our ModMed RCM Services clients.
We work with you to create an RCM service plan that works for your practice, and we match you with the members of our team who understand your medical specialty.
Here’s What Your Peers Are Saying
"The team has been instrumental in helping improve our practice workflow and collections. Their attention to detail and dedication has helped our practice obtain optimum efficiency, and we cannot imagine running our practice without their services."
Roger Kao, MD
Digestive Care Medical Center and Digestive Care AssociatesRoger Kao, MD
“Our clinic and surgery center have been in business for over 30 years, and Modernizing Medicine Gastroenterology has been a scalable solution that is a contributing factor to allow our practice to grow leaps and bounds.”
Angela See
Operations/Human Resources Manager
Gastrointestinal Associates of Northeast Tennessee