What We Do…Revenue Masters provides revenue cycle management consulting services and cloud solutions to improve the business side of providers' organizations. Our multidisciplinary suite of revenue cycle services and web-based solutions focuses on improving the financial performance of healthcare providers and turns good outcomes into exceptional business practices.
- Increased cash flow
- Increased productivity
- Reduced administrative costs
RMCloud™ Solutions address the critical business elements of revenue cycle management, reducing administrative cost by 25% and increasing efficiency by 32% and collectable reimbursement by over 7% of gross revenue.
• Multidimensional denial and variance workflow accountability tools
• User-friendly solutions to manage the entire claim and charge audit lifecycle
• SmartQueue™ performance workflow and executive level reporting.
Revenue Cycle Services
With decades of revenue cycle experience, we provide cost-effective, performance optimization and strategy to maximize profitability. Our services are configured to meet the needs of any provider by bringing together the best people, processes, performance metrics and cloud solutions.
- Beginning-to-end Revenue Cycle services
- Performance optimization
- Accountability & Results
Payment Recovery andDenial ManagementServices
Don’t let 1-7% of your revenue go uncollected. Our specialty trained auditors and proprietary software allows us to find not one but all underpayment risk areas to optimize revenue. You focus on high-quality patient care and we’ll focus on increasing your bottom line.
Lost ChargeRecovery Solutions
Charges do Matter! Healthcare organizations lose millions of dollars every year because of flawed and incomplete charge capture processes. In a day where every dollar counts, it is imperative to capture all applicable charges and ensure charges correctly represent the services provided.
Our team of experienced coding experts can assist in overcoming your coding challenges. Our cost-effective solutions span from remote coding to compliant medical coding audits. Benefits include:
- Decreased denials
- Increased cash flow
- Eliminate coding backlogs
- Improved quality of care ranking
Future ICD-10 documentation requirements will have a significant impact on your clinical documentation improvement (CDI), revenue integrity team, and HIM coders. Documentation drives quality of care scores, and a higher degree of coding will drive accurate reimbursement.
ICD-10 is much more than a change and increase in code sets and field sizes. The transition, scope, and complexity is significant and should not be underestimated. You need to act now, if you haven’t already taken the steps for healthcare’s biggest transformation in years!
Achieve 1% - 7% revenue increase