Bristol’s revenue cycle management helps our clients to reduce cost and increase revenues. Revenue cycle management process starts from pre-visits and ends in full claim payment that has been accounted into the system. At Bristol we understand every step of the revenue cycle process is critical and stay focused on revenue cycle workflow. Our standard operating procedures involves detailed process work flow on handling different insurance companies to ensure optimal reimbursement. We understand the requirements of the specialty and payer specific rules completely. This provides us the edge to efficiently bill clean claims.
We have the right combination of experienced staff and technology to provide you the best revenue cycle management solutions. Our comprehensive revenue cycle management includes
- Patient Scheduling
- Insurance Eligibility and Benefits Verification Services
- Medical Coding
- Patient Demographics and Charge Entry
- Claim Scrubbing
- Claim Submission
- Rejection Analysis and Resolution
- Payment Posting
- Denial Management
- Account Receivables Services
- Patient Statements and Follow up
Our revenue cycle process starts as soon as patients are scheduled for a visit. We work on the list of patients and immediately verify the payer benefits. We receive medical documents in conclusion of patient’s visit. Our Medical Coding Offshore professionals get to work and assign accurate diagnosis and procedure codes from the medical documents received. We enter charges and submit claims electronically. If any claims are rejected we fix them immediately as we work on rejection reports immediately.
We post payments from ERAs and EOBs. We also perform in depth analysis on the denials received in explanation of benefits. Our account receivables experts get to work right away on those denials. We ensure we resolve the denial claims and ensure they are paid in full. Any patient responsibilities like co-pays, deductibles, out of pocket expenses are billed to the patient. We also follow up with patients on their pending balances. Our revenue cycle management will optimize your revenues and performances.