A/R & Revenue Cycle Management

MEDELECT’s Practice Management System & EMR fully integrates with the our services listed below:

A/R & REVENUE CYCLE MANAGEMENT

  • Establishing and monitoring annual reasonable fee schedule using Geographic Practice Cost Index by area;
  • Ensuring you are compliant with your patient intake forms; assisting you with correct HIPPA, liability and collection language.
  • Collecting accurate information for submission of clean claims;
  • Claims submission to all paysources, electronically or manually;
  • Tracking claims from submission to payment;
  • Rebilling and appealing inaccurate denials using all legal collection remedies, collecting full fee for service payment according to paysource and contract;
  • Patient Statements and soft collections; patient copayment, deductible and out of pocket maximum collections;
  • Insurance Appeals;
  • Process  & track Liens and Letters of Agreement (LOA);
  • Daily, weekly or monthly deposits of provider payments;

EXECUTIVE BUSINESS MANAGEMENT

  • Customized weekly, monthly and annual executive level reporting functions;
  • Revenue Optimization;
  • Cost analysis;
  • Inventory analysis;
  • Expense anaylsis;
  • Utilization Review;
  • Audits.

OFFICE ADMINISTRATION

  • Satellite Front Office
  • Answering Service
  • Eligibility
  • Scheduling (Office and Surgery)
  • Pre-authorizations
  • Out-of-pocket Estimation
  • Payment Agreements
  • Payroll

CONTRACT & CREDENTIALING MANAGEMENT

  • Provider Applications/Agreements
  • CAQH Credentialling
  • Contract negotiations, monitoring and compliance for all insurance groups

Contact us today for a free consultation.