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REVENUE MASTERS

CONTRACT MANAGEMENT
UNDERPAYMENTS
DENIALS MANAGEMENT

REASONS TO CONSIDER REVENUE MASTERS

  1.  It is powerful, full-featured RCM software
  2. Includes Excellent contract management and modeling to simplify contract management
  3. Superlative denials management – one of the industry’s best to find underpayments
  4. The industry’s most modern interface – dashboards to make your job easier
  5. The price performance LEADER

Revenue Masters offers two options of RCM software to make your life easier…

RM Reimbursement Accelerator and RM Cloud Contract Management.

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RM Cloud Contract Management

RM Cloud Contract Management offers a simplified way to keep track of your contracts, denials and underpayments. RM Cloud Contract Management provides work lists that compare the expected plan allowable to the amount processed by the payer. If your hospital already has a structured workflow you want to keep, RM Cloud Contract Management is the perfect addition to help your Revenue Cycle Management department lead staff in their daily tasks.

RM Reimbursement Accelerator

This is a fully integrated RCM suite, the RM Reimbursement Accelerator works in the cloud and replaces up to seven software applications that help you with contract management, comparison and modeling, denials and short-pay management, collections, take-backs, claims management and patient responsibility.

Contract Comparison and Negotiation

With the help of Revenue Masters you can now model prospective payer contracts and accurately assess, measure and capture all revenue owed in the current contracts.

REVENUE MASTERS PAYMENT AND RECOVERY SERVICES

Revenue Masters provides a monthly summary with a detailed analysis of your payor activity, source reasons for underpayments and denials, and recommendations to stop future cash loss. Besides bringing you detailed reports, Revenue Masters helps you collect down to the last dollar. With the help of the RM Reimbursement Accelerator™ we identify partial and zero pay trends and collect this lost revenue on your behalf.

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GREAT FEATURES

COLLECTABILITY

SATISFACTION

BUILT FOR SUCCESS

Cloud-based technology that offers excellent contract management and modeling, superlative denials and underpayment management; the industry’s most modern interface and is the undisputed price performance LEADER.

EASY INSTALLATION

Setup and installations takes up to twenty seconds and a few clicks and with demo content it’s even simpler

AFFORDABLE

Revenue Masters is the PRICE PERFORMANCE LEADER

State of the Art Technology

Unlike many of the stagnant legacy applications, Revenue Masters allows you to drag and drop the information into dashboards that you define to give each member of your team the exact information they need.

TIMESAVER

Makes managing and modeling your contracts simple and easy

POWERFUL

Full-Featured Revenue Cycle Management Software

Increase your Revenue

Prioritizing variances with the greatest possibility of collection so you can maximize collections.

MOST MODERN INTERFACE

Incredible Design

FIVE STARS

Our customer support has been rated  five stars, because we know that every issue has a solution

OUR PRODUCT OPTIONS

Learn more about the software options that will make your life easier

RM Reimbursement Accelerator

Why to Buy

RM Reimbursement Accelerator is the most powerful, full-featured Revenue Cycle Management software to ensure 100% collectability for healthcare providers.  RM Reimbursement Acceleratoris cloud-based technology that offers excellent contract management and modeling, superlative denials and underpayment management; the industry’s most modern interface and is the undisputed price performance LEADER.

1. It is POWERFUL, full-featured RCM software - a major player

Most other software has fewer features, or requires expensive add-ons. The RM Reimbursement Accelerator is a fully integrated RCM Suite, works in the cloud (so no new hardware or installation), and replaces up to seven software applications:

  1. Contract Management
  2. Contract Comparison and Modeling
  3. Denials and Short-Pay Management
  4. Collections, Take-Backs and Claims Management
  5. Patient Responsibility
  6. Business Intelligence Analytics & ERA Explanation of Benefits

2. EXCELLENT Contract Management and Modeling

RM Reimbursement Accelerator includes all the built-in features (no add-on required) to make managing and modeling your contracts simple and easy, including:

  1. Copy Contract Function. Allows you to copy existing reimbursement rates and terms then compare to new or revised contracts–making it easy to compare and catch rate changes you may have otherwise missed.
  2. Automatic Net Revenue Accrual. The expected amount is automatically calculated and compared to the actual amount that needs to be received–allowing you to easily find underpayments.
  3. Customized Calculators. Automatically compares the expected plan allowable to the amount paid to ensure 100% collectibles.
  4. Claims Valuation Engine. Ensures every claim is priced according to contract terms for specific line items or at the claim level, including carve-out items such as high-cost drugs, devices, ancillaries, as well as first and second day stop loss, MS-DRG/APR-DRG, APC and ALL complicated inpatient and outpatient contract rates. Ensures you always bill the correct amount.
  5. Pre-determined payment–in real time. Examines each contract and calculates precise reimbursement, ensuring accurate payment forecast.
  6. Quick Impact Tool. Allows you to make simple changes to contract rates, percentages and parameters so you model your pricing and get a quick estimate that any price changes will have to a specific contract.

3. SUPERLATIVE Denials Management - one of the industry's best to find underpayments.

Easily identify which claims need to be appealed, including bulk appeals, ensuring greater appeal accuracy and fewer denials. Key features include:

  1. Automatic Claim Review. Includes drop-down fields that classify any claim errors within the reports. Ensures accuracy and a smaller margin of error.
  2. Potential lost revenue ID. Accounts that have a short payment or a non-payment are identified, and displayed in the research work queues module so your staff can quickly prevent it.
  3. Identification of variance trends. Prioritizes variances with the greatest possibility of collection so you can maximize collections.
  4. Automated Bulk Appeal Templates. Predefined and proven appeal template letters that can be sent out in bulk save you time and help you win more appeals.
  5. Tracks Sources of Denials Underpayments. Issues with contract violations are detected, as are the specific issues that lead to underpayments–so you can fix them immediately and avoid future problems.

4. The Industry's MOST Modern Interface - with team and executive dashboards.

  1. Executive Dashboard. Executive and team dashboards include status and charts showing the complete revenue cycle process in real-time. This helps you better visualize accounts and items that need attention at a glance.
  2. Drag and Drop Menus. Drag and drop report creation allows you to easily re-arrange, consolidate, manage and analyze your revenue cycle process exactly the way you prefer in minutes.
  3. Single source view. All clinical, financial, patient, payer and transaction data needed can be consolidated into a single view, saving you from moving through multiple screens to see your data.
  4. Customizable. You can drag and drop information to create the reports and dashboards you prefer–but you can also request custom integrated screens to provide you exactly the information you need, in the exact format you prefer. The robust built-in access control, also allows you to limit information according to user or groups to maintain appropriate security.

How it Works

RM Reimbursement Accelerator works with powerful and customized payer contract calculators that predict the expected plan allowable and compares it to the amount processed by the payer. RM Reimbursement Accelerator ensures every claim is priced according to contract terms, taking into account carve-out items such as high-cost drugs, devices, ancillaries, as well as first and second day stop loss, MS-DRG/APR-DRG, APC and ALL complicated inpatient and outpatient contract rates.

The RM Reimbursement Accelerator’s Business Intelligence (BI) Analytics and reporting functionalities improve your Healthcare facility’s Revenue Cycle Management by leading staff in their daily tasks.

RM Cloud Contract Management

Why to Buy

RM Cloud Contract Management is powerful, full-featured Revenue Cycle Management software to ensure 100% collectability for healthcare providers. RM Cloud Contract Management is cloud-based technology that offers excellent contract management and modeling, superlative denials and underpayment management; the industry’s most modern interface and is the undisputed price performance LEADER. Reasons to consider RM Cloud Contract Management:

1. It is POWERFUL Contract Modeling Software

Most other software has fewer features, or requires expensive add-ons. The RM Cloud Contract Management is a fully integrated Contract Modeling and Management Software that works in the cloud (so no new hardware or installation), and replaces up to seven software applications:

  1. Contract Management
  2. Contract Comparison and Modeling
  3. Denials and Short-Pay Management
  4. Collections, Take-Backs and Claims Management
  5. Patient Responsibility
  6. Business Intelligence Analytics & ERA Explanation of Benefits

3. SUPERLATIVE Denials Management - one of the industry's best to find underpayments.

Easily identify which claims need to be appealed, including bulk appeals, ensuring greater appeal accuracy and fewer denials. Key features include:

  1. Automatic Email Notifications. Impending contracts that are about to expire get a red flag and emails are sent to advise you they need to priority. Ensures accuracy and higher revenue collected.
  2. Potential lost revenue ID. Accounts that have a short payment or a non-payment are identified, and displayed in the research work queues module so your staff can quickly prevent it.
  3. Identification of variance trends. Prioritizes variances with the greatest possibility of collection so you can maximize collections.
  4. Automated Appeal Templates. Predefined and proven appeal template letters that save you time and help you win more appeals.

4. The Industry's MOST Modern Interface - with team and executive dashboards.

  1. Executive Dashboard. Executive and team dashboards include status and charts showing the complete revenue cycle process in real-time. This helps you better visualize accounts and items that need attention at a glance.
  2. Drag and Drop Menus. Drag and drop report creation allows you to easily re-arrange, consolidate, manage and analyze your revenue cycle process exactly the way you prefer in minutes.
  3. Customizable. You can drag and drop information to create the reports and dashboards you prefer–but you can also request custom integrated screens to provide you exactly the information you need, in the exact format you prefer. The robust built-in access control, also allows you to limit information according to user or groups to maintain appropriate security.

How it Works

RM Cloud Contract Management offers a simplified way to keep track of your contracts, denials and underpayments. With customized payer contract calculators RM Cloud Contract Management provides work lists that compare the expected plan allowable to the amount processed by the payer.

If your hospital already has a structured workflow you want to keep, RM Cloud Contract Management is a great addition to help your Revenue Cycle Management department lead staff in their daily tasks.

Contract Comparison and Negotiation

Why to Buy

Maintaining financial stability in a rapidly changing environment is challenging.  Do you find the system of payor reimbursement hard to manage? Revenue Masters can help. Copy Contract function, a special tool of RM Cloud Contract Modeling can help predict your financial impact faster.

With a copy contract function you can create various modeling scenarios. The system provides the ability to simulate inpatient, outpatient and physician terms to determine the full financial impact. In addition, there system has the ability to create user-defined historical modeling data sets using your claim history.

1. Negotiate Better Contracts

You can now model prospective payer contracts and accurately assess, measure and capture all revenue owed in the current contracts.

3. Improve overall financial performance

With contract modeling and the copy contract function evaluate different rate and term scenarios to be prepared in contract negotiations and improve financial outcomes.

4. Understand the financial impact in your organization

Visualizing different scenarios and its service/charge patterns before you sign off on the payer contract.

OUR SERVICE OPTIONS

Learn more about the options that will make your life easier

Revenue Masters Payment Review and
Recovery Services

Why to Buy

It happens! Even the most efficient hospital will have accounts that did not get full payment or payment at all.

Revenue Masters improves your operations, allowing you to achieve optimal revenue cycle performance with a monthly summary that provides you with detailed analysis of payor activity, source reasons for underpayments and denials, and recommendations to stop future cash loss.

Besides bringing you detailed reports, Revenue Masters helps you collect down to the last dollar. With the help of the RM Reimbursement Accelerator™ we identify partial and zero pay trends and collect this lost revenue on your behalf while integrating 837’s and 835’s. The additional payments collected are paid directly to you and we collect a contingency of the revenue recovered. The risk is completely absorbed by Revenue Masters. IF THERE ARE NO COLLECTIONS YOU DON’T PAY US!

In order to complete this process your staff only needs to invest 12 hours to provide the reports and contract we need to start collecting for you. But don’t worry; if it takes more than 12 hours we will pay $100 an hour for the additional time.

1. Complete Transparency
3. Save Time and Money
4. Accuracy and timely follow-up
4. Get education and training from experts

PRICING

Revenue Masters is the undisputed price performance leader–providing the best value for the price.

  1. All modules are included in base price. You do not have to pay hundreds or thousands more per module, or for expensive add-ons.
  2. Much lower list price. Many legacy applications are using old models (for old software) and enterprise price gouging–if not for their base product, then for the add-ons. Plus, you have the learning cost for the older interfaces. Revenue Masters is using a fully integrated platform, a disruptive “app” pricing model, and is penetrating into enterprise and small-to-medium facilities for a better volume price breaks for all–since everyone (small or large) needs this tool to deal with the complicated billing within our industry.
  3. NO capital investments and no added cost for software updates. Because it is in the cloud, you don’t have installation, hardware and IT expenses–nor the expensive maintenance contracts. You can also account for it easier as a non-capital expense.

If you have any questions about products, services, implementation, integration, or anything else, let us know. Revenue Masters will be happy to send you a custom quote for your organization. We pride ourselves on affordability while providing the best value for your investment.Please fill out the Contact Form below or Contact Sales.

FAQ

Following are the most common questions about Revenue Masters:

  • Is there a hidden “services” cost to integration? Revenue Masters offers integrated services with no extra costs.
  • Is the software intuitive for the end user or will it require training or developer support? Revenue Master’s software is accessible and easy to understand, there is no need for developing support.
  • Is the system equipped with data security? Revenue Masters is compliant with HIPAA and HITECH requirements, it can integrate with your company’s IT security and additional PHI policy requirements. It also has the most robust access controls–to protect your data from the end user to the executive level.

EXPERTISE

Revenue Masters was founded in 2012 by a team with over 30 years experience with managed care and government payor strategies as executives managing hospital and physician facilities.

The group saw that most Revenue Cycle Management (RCM) software was stagnant, with outdated interfaces, was way too difficult to use and priced outrageously high–RMReimbursement Accelerator and RMCloud Contract Modeling were the fix.

Dena has more than 29 years experience in the healthcare industry. Her in-depth and broad working knowledge of the financial aspects of healthcare delivery, coupled with her strategic foresight for innovative change, has positioned her as a knowledgeable and respected healthcare reimbursement and revenue cycle specialist. For the past 12 years, Dena has provided financial, operational, and strategic product development services to 67 healthcare partners.

Dena Bengson

Partner

Rick has 14 years of executive level management in software development. His expertise is in highly scalable webbased solutions. His software development experience encompasses the health services, legal, and real estate vertical markets. Rick’s passion is to create a great client/user experience that translates into more productive work. Our greatest compliment is for our client users to refer a peer in another organization to use our software tools.

Rick Bengson

Partner

Jennifer has more than 13 years of experience in the healthcare industry, working with over 50 hospitals across the nation. Jennifer’s wide array of receivables management experience includes contract financial analysis, appeal management and strategy, contract provisions, payment review and recovery solutions, revenue cycle technology solutions, financial and operational analysis reporting, as well as providing education and training to optimize performance improvement.

Jennifer Huddleston

VP

CONTACT US

Contact us if you have any questions at 877-591-2590 / 1-760-388-5111 and we will gladly assist you.

You can also fill out the form below or email us directly at sales@revenuemasters.com and we will get in contact with you.

 

 

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PARTNERS

Revenue Masters Channel Partner Program

Revenue Masters is always recruiting new solution provider throughout the world to join our world-class Channel Partner Program. If you sell to or consult with any Healthcare provider company about Revenue Cycle Management, please fill out the application form below. For general questions about the channel Partner Program, please email us at partners@revenuemasters or call at: 877-591-2590.

Why Partner with Revenue Masters?

Revenue Masters has the most powerful and full-featured software for Healthcare providers RCM with excellent contract management and modeling, superlative denials management and the most modern interface while being the price performance leader in the industry.

Revenue Masters products allow hospitals to eradicate margin of error in claims and denials management by offloading repeating manual work from humans to machines.

The result: Revenue Masters products save healthcare providers money by decreasing manual work hours, dealing with contracts and denials automatically to help them achieve 100% collectability.

 

Partner Program Benefits

Revenue Masters opens the door for partners to uncover new incremental business opportunities with enterprise accounts for cloud solutions.

Sales tools, lead sharing, training, easy deal registration process, no channel conflict, joint marketing and more!

Highly competitive margins

How to Become a Revenue Masters Channel Partner

If you’d like to explore a partnership with Revenue Masters, please complete the form below and one of our Channel Managers will contact you within 2 business days.

You can also email us at partners@revenuemasters.com or call at: 877-591-2590

Apply to Become a Channel Partner Today!

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Already a Partner?

Access the Revenue Masters Partner Portal