Innovative Strategies to Address Current Revenue Cycle Challenges
There are many contributing factors regarding the ongoing struggles of hospitals and healthcare organizations, including, but not limited to transitioning to value-based reimbursements, consolidations and mergers, as well as,adhering to the ever-changing regulations of the healthcare industry.
Under these circumstances, hospitals are prioritizing profitability over proper patient care. First Choice MedEx’s revenue cycle experts understand that patient care should be a healthcare provider’s main focus and works to alleviate the financial and operational strains that can sometimes get in the way of what’s most important.
Effective Methods for Handling the Billing and Collections Process
Since not every health care facility is the same, there there’s no use in choosing a one-size-fits-all RCM program. First Choice MedEx provides a comprehensive RCM service that can be tailored to fit the specific requirements of your healthcare organization. Experts in the field of medical revenue cycle management work around the clock to handle denials and manage claims that have been refused, as well as to assure prompt payments for services rendered.
As a result of using the First Choice MedEx platform, these facilities are able to achieve optimal care activities, increase healthcare results, save operational costs, and enhance the patient experience.
What First Choice MedEx Can Do for You
At First Choice MedEx, we have an experienced staff who have been collaborating with healthcare facilities and networks for decades. our expert teams have firsthand knowledge of the difficulties faced by healthcare facilities and professionals in regard to their respective specializations. First Choice MedEx is here to provide comprehensive, individualized solutions, whether your company is making the switch to value-based payments or needs help integrating a newly acquired doctors group into its system.
Numerous medical facilities have benefited from First Choice MedEx’s expertise in the following areas:
All Specialties Covered
AAPC Certified Billers & Coders
98% Clean Claims Rate
100% HIPAA-Compliant Services
Patient Support
Accounts Receivable Experts
Boost Revenue by as Much as 15% to 25%
Error-Free Claims
With a clean claim rate of 98% you can expect faster reimbursement and a significant reduction in claim denials/rejections thanks to our expert claim scurbbing team.