VRS Enhances your A/R through Revenue Cycle Management Solutions
At VRS, we offer a variety of short and long term deliverables scaled to meet your medical billing needs. We know your medical practice has many variables and unexpected change, so we make sure our Revenue Cycle Management services are flexible and tailored to where you need it most. Our one constant for every customer is the personalized guidance and support from our seasoned management team and clinical revenue management services.
Our personalized and interactive A/R Calculator will show you how much your practice can save when VRS handles your billing and claims!
Our Revenue Cycle Management Allows:
MORE FOCUS ON PATIENT CARE
Healthcare providers continue to struggle to balance time between administrative tasks and spending quality time with patients. Our RCM software ensures you remain focused on your patients.
FEWER BILLING ERRORS AND CLAIM REJECTIONS
Medical practices are finding it more difficult to increase profitability in a climate where declining reimbursements have become an unpleasant trend. Our team helps ensure fewer billing errors and claim rejections to enhance your profitability.
TRAINED BILLING SPECIALISTS
With the complexities of managing billing and medical accounts receivable on the rise, the need for dedicated, highly trained staff is at a premium. Our VRS team ensures you have top-of-the-line staff managing your A/R needs.
IMPROVED CASH FLOW
Internal and external factors such as staff turnover and regulatory changes can impact cash flow and cause A/R delays for your medical practice. Our team makes sure your business stays aligned with your end goal, and ensures reimbursement capture when you encounter these challenges and more.
Focus on insurance verification! This will help improve your patient payments for the new year. As the year is kicking off, insurance deductibles will reset to zero. Your practice can prepare for by reminding and training front end staff to verify plans and benefit levels for current patients. Doing so within a short window of time and before the patient's appointment ensures patients are prepared to pay costs upfront.Read more
Stratify your aged trial balance by payer, dollars, number of accounts and average account balance. Start with the oldest accounts worth the most dollars and establish a strategy to impact those accounts. Try a new tactic as older accounts leveraging previously used tactics have a lower likelihood of success. If you work with commercial payers, meet and negotiate changes that decrease costs for both parties and increase throughput and processing times. Do your homework—approach payersRead more
Choosing and tracking against the right KPIs can make or break an organization’s revenue cycle.Read more
How To Overcome Today’s Barriers To Increase Your Cash Flow
|Today, there are more barriers impacting a physician’s bottom line. Changes in healthcare reimbursement and payment reform, as well as, employee deployment over important billing functions can play big roles in optimizing your revenue cycle.|
Best Practices In Revenue Cycle Management
|Health care reform, consumer-directed health care, and the uninsured are all impacting your revenue cycle. To help you with these challenges, this fast-paced webinar will focus on eight proven ways to enhance your revenue cycle.|