RCM Service Features
Billing is a crucial part of the RCM cycle and healthcare centers often
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Complete recording and managing of cash posting is done with better
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Providing medical care and managing the clinical cycle
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Accounts Receivable Services
ORCM is a proficient service provider of Revenue Cycle Management. Accounts receivable is a key factor in determining the cash flow and it requires expertise in optimizing A/R ratios. We can help you identify patient accounts that need follow-up and take necessary steps to collect unpaid claims.
Healthcare providers are focusing on critical medical services for their patients and managing A/R is a more tedious and cumbersome task for them. Market studies highlight that collections costs are not optimized when done in-house by the clinics. An expert A/R service provider is more value-adding and acts as your revenue-enhancing partner.
Analysis of A/R:
Accounts Receivables is a coherent aspect of RCM and itself a complex step. It is a series of careful considerations, analysis, and metrics to give you descriptive, predictive and prescriptive insights into managing better A/R.
Reports of A/R:
Complete details of the demographics, insurance cover, employment, sponsor and medical history are available through the system. This acts as a handy catalog for patient data.
Insurance Verification:
ORCM has been consistently managing Accounts Receivables services for our clients. We generate critical reports that help our clients understand their status and make action plans. We keep track of the A/R and document information that comes in handy for our clients.
Common reports that we use are mentioned below. However, reports are customized as per client requirements.
Estimation of Account Receivable can be understood using
Aging Report of Account Receivables also gives us an understanding of trends
ORCM delivers a comprehensive solution for the entire spectrum of A/R. We track your cash flow and each unpaid claim is closely monitored.
