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Our monthly performance reviews focus on key metrics vital to your practice’s financial health. By tracking Days in Accounts Receivable, Gross and Net Collection Ratios, Clean Claim Rate (CCR) / First Time Resolution (FTR), 60+ Accounts Receivables, Claim Processing Efficiency, Billing and Charge Entry Timeliness, and Billing Lags, we ensure transparency and foster continuous improvement. These insights empower informed decision-making, enhancing your practice’s success.
Our team conducts a comprehensive analysis of your medical billing fees, benchmarking them against Medicare rates and other payer fees. This detailed evaluation ensures that your pricing strategy is competitive and aligned with industry norms, optimizing your potential for maximum reimbursement.
Our management consultants are dedicated to providing regular, detailed reports. These reports are essential in ensuring adherence to service level agreements and in facilitating swift payments to your providers. They serve as a transparent medium to track ongoing progress and identify areas for improvement.
Expect exhaustive monthly performance reports delivered by your assigned account manager. These reports provide a comprehensive overview of your practice’s performance, identifying areas that need attention and suggesting actionable strategies for improvement and growth.
Leveraging the latest in robotic process automation technology, we streamline and enhance efficiency in routine tasks. This includes reducing manual data entry errors, simplifying the pre-authorization process, and handling claim denials more effectively and promptly.
Our advanced analytics platform is designed to make complex data comprehensible and actionable. Using intuitive data visualization tools, we present real-time dashboards that offer critical insights into the operational health of your practice. These tools are particularly useful for effectively managing Accountable Care Organizations, providing the data needed for informed decision-making on a regular, timely basis.
Simplifying healthcare complexities with innovative strategies and dedicated support. Partner with Revantage to transform your practice into a thriving success.