Revenue Cycle Optimization
With the increased scrutiny from insurance payers, providers need to ensure their billing operations are pristine. From proper documentation, to efficient AR recovery, to embracing digital transformation there are countless of ways to improve your revenue cycle. RevIQ will work directly with your front and back office staff to ensure you have the proper protocols to facilitate timely claim payments.
Common Areas of Concern
Digital Tools - You don’t need to fax and call anymore! Utilize web portals and quality EMRs to get paid quicker and save on administrative labor. To take the next step, implement API connections to your most common payers to obtain real-time visibility on your patients’ eligibility, pre-authorizations, and claims.
Frequent Denials - Insurances denials are frustrating, but it’s important to know why they are denying your claims. It’s possible there is no explanation, but even when it’s incorrect, there is usually a reason why. We can discover the root cause of your denials and help you create a plan of action to avoid future denials.
Lack of Visibility - Many providers utilize 3rd party billing companies and are ultimately too busy to audit their work. We can review your outstanding and previous claims to ensure your biller is performing well. Peace of mind so you can focus on patient care.