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Maximize Revenue with our Proven Revenue Cycle Management Services

Leverage Revenue Cycle Management services for automated billing and collection to optimize cash flow and streamline operations.

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Innovative Revenue Cycle Management (RCM) Services

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Scales As You Grow

Effortlessly navigate growth and adapt to new reimbursement models at your preferred pace, without the need for extra resources.

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Accelerate Cash Flow

Leading healthcare providers trust CureMD revenue cycle management services to ensure accurate and timely claim completion, which maximizes revenue and cash flow.

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Reclaim Your Time

Eliminate the need for additional billers and training. Reclaim your valuable time to prioritize patient care while we handle your billing needs efficiently.

What is Revenue Cycle Management?

Revenue Cycle Management (RCM) is the process used by healthcare providers to track and manage payments for their services efficiently and accurately. It encompasses scheduling appointments, billing patients, handling insurance claims, and collecting payments. Essentially, RCM ensures healthcare providers receive the payments they are due. This financial process, supported by medical billing software, includes everything from patient registration and appointment scheduling to the final payment of balances. The aim is to accurately identify, collect, and manage revenues generated from patient services.

Why is Healthcare Revenue Cycle Management so complex?

Healthcare Revenue Cycle Management is complex because it has to follow ever-changing rules and work with many different insurance companies, each with their own policies. It involves handling different payment methods, making sure claims are accurate and fixing any issues if claims are denied. There’s also the challenge of billing patients correctly, especially as they pay more out-of-pocket costs. Integrating data from various systems and finding any lost revenue requires thorough checks, making the entire process very detailed and demanding.

Why is Revenue Cycle Management Important?

Revenue Cycle Management (RCM) is crucial because it ensures that healthcare providers get paid for the services they deliver. Effective RCM streamlines the billing process, reducing errors and delays in payment. It helps manage claims efficiently, minimizes denials, and ensures accurate reimbursement. RCM also improves financial stability by maintaining consistent cash flow, which is essential for the operational viability of healthcare facilities. By optimizing revenue collection, RCM enables providers to focus on patient care, enhancing overall healthcare quality.

Experience the Benefits of Outsource Revenue Cycle Management with CureMD

Our Revenue Cycle Management (RCM) services are designed to help healthcare providers streamline their financial operations and reduce claims lag and denials while keeping overhead costs at the lowest. We provide a high level of transparency so you always know how your practice performs financially.

HIPAA compliance

By ensuring that all financial processes and patient data handling adhere to HIPAA regulations, physicians can trust that their practice is operating securely and maintaining patient confidentiality.

Patient Financial Experience Optimization

We offer helpful tools like price estimations, bills that are easy to understand, online payment options, and self-service portals. These tools give patients the power to know and manage their financial responsibilities.

Customization

Our customization options that allow providers to tailor their services to their specific needs. This ensures that providers get the most out of their investment.

Artificial Intelligence Automation

Our AI algorithms can automate tasks like claims processing, payment posting, and denial management, reducing manual effort and improving accuracy.

reduction in A/R

15%

Reduction in A/R

reduction in A/R

30%

Reduction in Front-end denials

reduction in A/R

7%

Improved net collections

reduction in A/R

<3 Days

Resubmmitting of denied claims

The Results Will Amaze You

Our proven RCM services model delivers real results:

  • Achieve an average collection rate of ~96%
  • Improve your clean claim submission rate, reduce denials, and provide more accurate/timely payment posting
  • Collect more of what's NOT being paid including denials, appeals, and open patient balances
Start improving your revenue cycle today!

CureMD's Revenue Cycle Management Services make managing money in healthcare easier. Our skilled billers help providers handle revenue effectively. We offer services like claims submissions, denials management, and more to boost revenue, reduce expenses, and improve practice performance. With our support, you can speed up revenue growth and gain valuable insights about your practice.

CureMD RCM ROI Case Study
In-House Billing CureMD RCM Results
Charges (on average) $135,596.66 $135,596.66
Gross Collection Rate (GCR) $57,368.13(42.3%) $72,968.9(53.8%) 11%Increase in Gross Collection Rate
Billing Costs $5,689.31 $4,213.62 $1475Decrease in monthly cost of RCM service
$187,209.48Yearly Net Benefit(monthly gross collection * 12months) ≈ 29%overall collection increase

* Real CureMD ROI example from one of our clients

Disclaimer

The case study provided is for illustrative purposes only. Every medical practice has unique infrastructure, costs, and circumstances. The outcomes and results presented should not be assumed as generic or universally applicable. The impact of implementing CureMD RCM or any other solution may vary based on specialty, practice size, and annual revenue. It is crucial to conduct a comprehensive evaluation and analysis of your practice's individual situation before making any decisions.

Explore our Cutting-Edge Features.

Insurance Verification

Verify insurance coverage for patients, including dual eligibility (Medicaid and Medicare), TP eligibility (additional coverage), and Out-of-State verification (validating coverage for different state residents).

Prior Authorization

Manage the process of determining, submitting, and following up on authorizations, ensuring that healthcare services are approved and completed according to the necessary requirements.

Payment Posting

Streamline your revenue cycle using our system. Once claims are processed, it automatically collects patient balances using pre-registered payment methods, improving payment efficiency & reducing manual efforts.

Patient Statements

Cut down on paper billing and processing expenses by using patient statements that encourage online payments. Send fewer statements and spend less time on patient follow-ups for collections.

Reporting and Analytics

Monitor and analyze your revenue cycle performance. Gain access to valuable business intelligence for data-driven decision-making, enhancing profitability through identifying opportunities for improvement.

BI Tools

Gain complete visibility into your practice's income and performance through our custom BI tools. Access real-time reports and valuable insights for optimized medical billing.

Award Winning Technology for 32+ Specialties
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Reducing Cost
With CureMD's revenue cycle management services, you can cut down on 60% of your operational costs, eliminating the need to hire additional resources.
Improves Quality and Productivity
CureMD's revenue cycle management services offer increased productivity for repetitive tasks as compared to manual work, saving both time and effort. Our services also adhere to industry standards for quality, comparable to reputable organizations like HFMA or MGMA, ensuring reliable and accurate results.
Continuous Operations Sustenance
CureMD's revenue cycle management AI tools operate consistently, unaffected by illness or downtime. so your operations can run smoothly all year round. Using AI tools also reduces employee burnout, leading to a lower turnover rate.
Upgrading and Compliance
Payer guidelines are always changing, and it takes time for staff to learn the updates, but systems are programmed with the latest rules, including HIPAA and other federal laws, so they seamlessly comply with updated regulations.
What Our Clients Say

Dr. Olga Leonardi

Manhattan Endocrinologist

CureMD enables me to access patient records anywhere, anytime. I recommend CureMD to other physicians because it's well thought out.

Dr. Margaret Safo

Margarest Safo MD

CureMD has saved my medical practice. Without CureMD, I don't know where my practice would be today. I've had a long-term relationship with them and I love it!

Dr. Seth Keller

Heart Rhythm Associates of NY

I love CureMD because it is customizable, allows you to have easy access and someone is always there to help you.

Transform Your RCM into a Powerhouse with our Revolutionary Revenue Cycle Management Services

Experience unprecedented financial success by transforming your revenue cycle with our comprehensive solutions. From streamlined workflows to optimized reimbursement strategies, we help you achieve financial excellence in today's challenging healthcare landscape. Our solutions help identify and address revenue leakage points, ensuring you capture every dollar you deserve for sustainable financial success.

Get Paid Faster
Speed up your reimbursement process with advanced features like claim scrubbing, real-time claim alerts, and automatic secondary claim submissions. Experience improved financial performance and get paid faster.
Maximize Revenue with Centralized A/R
Streamline your accounts receivables with end-to-end claim tracking integrated into your workflow. Reduce the number of days in accounts receivables and optimize your revenue generation.
Minimize Claim Denials
Effortlessly identify and address causes of denied claims to accelerate payment and enhance cash flow. Our system empowers you to proactively resolve claim denials for improved revenue outcomes.
Eliminate Billing Errors
Eliminate billing errors with our built-in claim scrubbing feature. Detect and rectify billing code errors, resulting in fewer denied or rejected claims and ensuring accurate reimbursement.
Customize Reports at your Fingertips
Access comprehensive and configurable reports effortlessly through our user-friendly medical billing system. Analyze and display data with ease, so you can report on any field in the billing workflow and make easy edits without disrupting other reports.

Certifications

CureMD has pursued and obtained widely recognized certifications for our processes and systems that ensure we meet and
exceed all client and industry requirements in the areas of quality, security and technology.

SureScripts Certified

SureScripts Certified

Gold Quality Solution

Gold Quality Solution

EHNAC HNAP-EHN Accredited

EHNAC HNAP-EHN Accredited

CMS 5010 Certified

CMS 5010 Certified

View Pricing

Healthcare providers need revenue cycle management services that are both affordable and practical to stay competitive in the changing industry. CureMD understands this, which is why we offer a pricing plan tailored to your specific practice needs. Fill out the form to get a detailed pricing plan.

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Frequently Asked Questions About Revenue Cycle Management Services

What is revenue cycle management (RCM) and how can CureMD help?
Revenue cycle management refers to the process of managing a healthcare provider's financial operations, from patient billing to reimbursement. CureMD offers RCM services that streamline and optimize these processes, helping healthcare providers improve revenue generation, reduce administrative burden, and ensure compliance with industry standards.
What are the key benefits of using CureMD's revenue cycle management services?
By utilizing CureMD's RCM services, healthcare providers can experience benefits such as accelerated revenue growth, minimized denials and claims, improved patient engagement through user-friendly billing statements and online payment options, enhanced financial performance, and alleviation of administrative burnout.
How does CureMD ensure HIPAA compliance in its revenue cycle management services?
CureMD prioritizes HIPAA compliance in all aspects of its RCM services. By implementing robust security measures, encrypting patient data, and adhering to HIPAA regulations, CureMD ensures that patient information remains confidential and secure throughout the revenue cycle management process.
Can CureMD's RCM services integrate with existing practice management systems?
Yes, CureMD's RCM services are designed to seamlessly integrate with existing practice management systems. This allows for efficient data exchange and collaboration between different components of the revenue cycle, ensuring a smooth workflow and accurate financial reporting.
Will CureMD's RCM services work for practices of different sizes and specialties?
Absolutely. CureMD's RCM services are scalable and customizable to meet the unique needs of practices of all sizes and specialties. Whether you're a small clinic or a large hospital, CureMD can tailor its RCM solutions to fit your specific requirements.
How does CureMD's RCM services help in reducing operational costs?
CureMD's RCM services are designed to optimize revenue cycle operations, leading to reduced operational costs. By automating repetitive tasks, minimizing errors, and maximizing efficiency, CureMD helps healthcare providers save time and resources, resulting in cost savings.
How can I get detailed pricing information for CureMD's revenue cycle management services?
To obtain detailed pricing information for CureMD's RCM services, simply fill out the form provided on our website. Our team will reach out to you promptly to discuss your practice needs and provide a customized pricing plan based on your requirements.
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