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Revenue Cycle Management Healthcare
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Medical Revenue Cycle Management
ExdionRCM provides automated revenue cycle management, revenue integrity and predictive analytics for healthcare leaders, Urgent Care Centers, Walk-in Clinics and Family Physician offices.
ExdionRCM is a Revenue Cycle Management company providing automated RCM services including Analytics and Healthcare Management System integrations for Health Care Providers & Billing Companies.
Predict Better. Collect More. Collect Faster.
The claims process – any part – doesn’t need to be challenging, lengthy, painful or ﬁlled with the potential for error. Instead, companies can quickly and cost-effectively replace repetitive tasks and streamline processes by using automated solutions that beneﬁts both providers and payers. That solution rage from AI & ML based technologies to Robotic Process Automation (RPA BOTs). The automations are easy to implement and highly scalable. It can efﬁciently perform any routine, rule-based task and easily transform the entire billing process. Speciﬁc ways that automation can help combat accounts payable and accounts receivable process challenges include:
Automation eliminates tasks most prone to human error, freeing staff to focus on high-value work and on customer service. In addition, it works 24/7/365 and is accurate, scalable, and consistent both in output and performance. The BOTs don’t get distracted or tired, and it isn’t inﬂuenced by outside factors.
Automation can help identify healthcare claims that don’t meet stipulated requirements, detecting any patterns and reducing chances of occurrence. It facilitates claims review by preventing claim denials and/or correcting them for payment which in turn saves time, effort, and cost. The BOTs deals with facts and it likes data.
Patients can be notiﬁed of what they owe, payments collected, and accounts settled – all through automation. Automation offers quick, reliable, and consistent service. BOTs don’t get emotional and makes sure the work is completed.
Five Ways to Beneﬁt from an ExdionRCM Transformation:
- Standardized workﬂow.
- Reduced manual processes and error-prone systems.
- Work completed 24/7/365, improving the payer and patient experience.
- Revenue maximization with reduced possibility of unpaid Accounts Receivable.
- Automated, highly scalable technology without high expenditures or complex integrations.
Drive success using cutting edge technology
ExdionRCM Revenue Assurance strategy uses cutting edge technology to help healthcare providers stop revenue leakages and collect payments while improving the overall patient experience. Our method is straight forward: we use Lean, Six Sigma, and Service Quality frameworks to standardize processes, systems, and employee practices. We then implement Artificial Intelligence automation tools to reduce manual workflows and improve operational efficiency.
Use Our Strategy to Help
- Effectively collect out-of-pocket expenses including patient dues and Balance After Insurance.
- Improve billing transparency to reduce patient frustration.
- Deliver an overall superior patient experience.
Want to know more? Contact us today for a free trial of the revenue integrity solution developed expressly for acute care centers.