RCM Service Features
Accounts Receivable Services
ORCM is a proficient service provider of Accounts Receivable Services and Revenue Cycle Management. Accounts receivable is a key factor in determining the cash flow and it requires expertise in optimizing A/R ratios. So we can help you identify patient accounts and the needs follow-up and take necessary steps to collect unpaid claims. And it is possible because of our healthcare providers who were focusing on critical medical services for their patients and managing account receivable so it 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. So As an expert of accounts receivable service provider is more value-adding and acts as your revenue-enhancing partner.
A coherent aspect of RCM, Accounts Receivables is comprised of a complex series of steps that necessitate careful considerations, analysis, and the utilization of various metrics, and is all aimed at providing descriptive, predictive, and prescriptive insights for the purpose of better A/R management. Throughout this process, a comprehensive range of factors are meticulously taken into account, contributing to the development of a holistic understanding of the overall A/R landscape. By employing passive voice structures, the importance of passive reception and observation is highlighted, enabling a deeper exploration of the intricacies involved in managing A/R to be undertaken.
Reports of A/R:
Complete details of the demographics, insurance cover, employment, sponsor and medical history are available through the system. Because this acts as a handy catalog for patient data.
ORCM has consistently managed Accounts Receivables services for our clients, generating critical reports that actively help our clients understand their status and formulate action plans. We actively keep track of the A/R and document information that proves handy for our clients. We customize the reports as per client requirements, but the common reports we use are mentioned below.
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 account receivable services, actively tracking your cash flow and closely monitoring each unpaid claim.