HA Tech’s RCM service ensures accurate billing, compliance, and timely collections, helping practices focus on patient care while maximizing revenue.
HA Tech Revenue Cycle Management Service
Streamline your billing, optimize collections, and maximize your practice’s revenue with expert RCM services.
Why Choose HA Tech for Your Revenue Cycle Management Needs?
Key Benefits of Choosing HA Tech’s
Revenue Cycle Management Service:
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Claim your FREE practice audit to learn how!
Maximized Collections:
We optimize your billing processes and ensure you capture every dollar owed to your practice
Efficient Billing and Coding:
Our certified experts handle coding and billing with accuracy, ensuring timely reimbursements.
Enhanced Patient Satisfaction:
A streamlined process means patients are billed accurately and promptly, improving their experience
Up To 30% Revenue Increase In Next 12 Months With
BellMedEx's Medical Revenue Service (Case Study)
| In-House Billing | BellMedEx RCM | Results | |
|---|---|---|---|
| Charges (on average) | $142,000.00 | $142,000.00 | |
| Gross Collection Rate (GCR) | $60,000 (42%) | $77,000 (54%) | 12% Increase in Gross Collection Rate |
| Billing Costs | $6,000 | $4,000 | $2,000 Decrease in monthly cost of RCM service |
| $197,000 Yearly Net Benefit (monthly gross collection * 12 months) |
≈ 30% Overall collection increase |
||
Achieve Better Financial Outcomes with HA Tech’s Revenue Cycle Management Services
Charge Entry
- Claim creation, validation, and transmission
- Entering valid super-bill information
- Claim approval confirmation
Remittance Processing Feature
- Processing of payments from the payers
- Processing of adjustments and denials
- Reconciling payments to the provider’s claims
Insurance Follow-Up Feature
- Following up with payers for unpaid claims
- Following up with payers for underpaid claims
- Contact payers on a provider’s behalf
KPI Reporting & Analytics
- Monitors your key performance indicators
- Analyzes days in accounts receivable
- Analyzes claim denial rate and collection rate
Patient Collections Feature
- Collecting patient payments
- Managing initial statement + final notice
- Sending clean bills and reminders to patients
A/R Management Feature
- Reduces the aging of outstanding A/R
- A/R workflow optimization
- Claim approval confirmation
Coding and Documentation
- Coding provider’s services compliantly
- Using the latest coding standards and guidelines
- Capturing relevant details that support a provider’s claims
- Justifying a provider’s reimbursement for their services
- Performing medical bill audits
Charge Capture Feature
- Capturing and validating the service charges
- Leveraging charge sheets and EHRs
- Ensuring charges are consistent with coding and documentation
- Reconciling your charges with your claims
- Reconciling charges with your contractual agreements with the payers
Contract Management
- Managing contractual agreements with the payers
- Determining how much you get paid for your services
- Reviewing and negotiating your contracts
- Monitoring the contracts’ compliance
- Analyzing the contract performance
- Using metrics like contract yield and case mix index (CMI)
Key Features of HA Tech’s Revenue Cycle Management Service:
We identify opportunities to boost your revenue through enhanced billing, coding, denial management and more.
- Claims Management
- Denial Prevention
- AR Optimization
- Improved Collections
Charge Entry
Creation, validation, and transmission of claims Entry of accurate super-bill information Claim approval confirmation and tracking
Remittance Processing
Processing payments and reconciling adjustments and denials Ensuring timely payment reconciliation
Insurance Follow-Up
Following up on unpaid and underpaid claims Resolving claim disputes and negotiating payments
KPI Reporting & Analytics
Monitoring key performance indicators (KPIs) such as A/R days and claim denial rates Generating detailed and customizable reports
Patient Collections
Managing patient payments and sending timely reminders Offering convenient payment options for patients
A/R Management
Optimizing A/R workflows to reduce outstanding balances Ensuring swift collection of payments from both payers and patients
High Denial Rates
Providers experience is a high rate of denials from payers, that give negative impact to their revenue and also to their cash flow.
High Recovery Rates
Our proactive and preventive approach resolves the root causes of denials to boost denial recovery rates and revenue integrity.
Complicated Patient Management
Providers struggle with the increasing patient financial responsibility due to high deductible health plans (HDHPs) and self-pay patients.
Automated Patient Management
Our medical billing platform automatically estimates and communicates the patient’s out-of-pocket costs before the service.
Revenue Cycle Management ROI: Case Study
HA Tech’s Revenue Cycle Management Service has helped practices increase
revenue by up to 30%. For example, one of our clients saw:
Gross Collections Rate (GCR)
increase by 12% after switching to HA Tech’s RCM service
Billing Costs
decreased by $2,000 per month, allowing the practice to re-invest those savings back into patient care
Yearly Net Benefit
ncreased by $197,000 By optimizing every part of the revenue cycle, HA Tech helps your practice reach its financial goals faster.
Multi-Specialty Support
Manage multiple locations with our RCM dashboard, comparing data and tracking performance by specialty.
Data Security
Your data is protected with advanced encryption and authentication for complete security.
Data Integration
BellMedEx’s RCM dashboard supports seamless data integration across systems and formats.
I would like to send out a heartfelt appreciation for all of your hard work in helping my Health Counselling clinic take care of our billing and credentialing needs. You have made my job as a practice owner much easier.
Dr. Julia Will
BellMedEx has been a phenomenal asset to our company. Assisting with billing, credentialing and enrollment, BellMedex has been consistently reliable from the first day of our relationship.
Dr. Mike Lan
My Behavioral Health practice started receiving medical billing services in July 2022, and we have experienced a great deal of improvement in the collections of claims, which has improved our bottom line.
Dr. Belen BurFrequently Asked Questions About HA Tech’s Revenue Cycle Management Service
Revenue Cycle Management (RCM) refers to the process of managing a healthcare practice’s billing, coding, claims, and payments from patients and insurance companies. It is essential because it ensures accurate reimbursement, reduces claim denials, and optimizes cash flow. By streamlining these processes, RCM helps maintain the financial health of your practice, allowing you to focus on providing quality care.
HA Tech’s RCM service helps your practice by optimizing the entire revenue cycle—from patient registration to collections. We ensure accurate billing and coding, follow up on unpaid claims, track key performance indicators, and help you reduce billing errors. Our goal is to improve your revenue cycle efficiency, enhance cash flow, and reduce administrative burdens.
Our RCM service addresses common billing errors such as incorrect coding, undercharging, missed charges, improper documentation, and claim denials. We use advanced technology and experienced auditors to identify and correct these issues before they impact your reimbursements.
By ensuring accurate claim submissions, minimizing denials, and optimizing billing and collections, HA Tech’s RCM service can increase your revenue by up to 30%. Our technology-driven solutions streamline the revenue cycle, reduce billing errors, and speed up reimbursements, helping your practice improve cash flow and overall financial health.
Yes, HA Tech’s RCM service is fully customizable. Whether you are a small practice or part of a larger healthcare network, we tailor our solutions to fit your practice’s size, specialties, and financial goals. We take the time to understand your unique challenges and design a revenue cycle management plan that works best for your practice.
We are more than satisfied with BellMedEx and would highly recommend them to anyone searching for an efficient billing company. Working with BellMedEx has felt effortless and we are vastly thankful for their services.
Dr. Gennaya Matt Plastic Surgeon