Combating the Revenue Cycle labor shortage with outsourcing, technology, and automation

 

With the revenue cycle industry evolving every day, RCM practitioners and decision-makers need to stay updated on the trends. Trust Revel, a Revenue Cycle Industry Newsletter from Medical Billing Wholesalers, to bring you updates on issues impacting the revenue cycle business.

Technology to improve your revenue cycle Outcomes and combat the labor shortage

Intelligent automation and workflow automation technologies enable your revenue cycle operations to be focused and succeed. We also employ productivity improvement tools powered by robotic process automation tools and efficient business intelligence tools to help you stay on top of the collections you deliver to your practice clients. Learn how a clear view of the revenue cycle performance metrics can help you make informed decisions.

MBW receives the Platinum award for the Best Rewards and Recognition program from HRDA

The HR Distinction Awards 2021-22 is one of India's biggest and most prestigious HR awards. It has witnessed participation from over 300 organizations across India and overseas. On 17th May 2022, Medical Billing Wholesalers was awarded the Platinum award for the Best Rewards and recognition program. Click on the button below to read more.

Orthopedic Billing & Coding Services

Orthopedic billing depends on proper documentation before, during, and after a patient visit. The billing team needs to carefully document and charge for all services provided. Medical Billing Wholesalers' orthopedic billing services include regular audit checks, account analysis, and follow-up with payers. Click on the button below to work with us to receive regular reports detailing productivity, quality, and new revenue opportunities.

Correct Coding and Electronic Submission of Podiatry Claims reduces denials by 23% & improves collection by 25%

Bad quality scanning of superbills and lack of adoption of electronic claims submission creates a charge backlog situation. Compounding this problem is a lack of understanding of medical coding guidelines for Podiatry. Consequently, these results in increased denials for delayed filing and inaccurate coding. This case study highlights how accurate coding and electronic claims submission can improve revenue cycle outcomes for Podiatry practices.

Charge Entry Services

Charge entry is assigning to the patient account an appropriate $ value as per the chosen medical codes and corresponding fee schedule. The reimbursements for the healthcare provider's services are dependent on the charges entered for the medical services performed. To learn about our expertise in Charge Entry Services and how we can reduce your total costs to process, please click on the button below.


About Medical Billing Wholesalers

Medical Billing Wholesalers (MBW) provides business process outsourcing, revenue cycle KPI measurement, and robotic process automation tools. The company operates from 5 delivery centers in Chennai and Bangalore and has sales offices in New York, Dallas, Fort Lauderdale, Las Vegas, and Nashville. Through our clients, we support over 2,000 physicians across over 20 medical specialties and uses over 15 EMR/practice management systems today. The company applies proprietary workflow tools, and robotic process automation capabilities to help clients do more with the revenue cycle.

 

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Medical Billing Wholesalers,
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info@medicalbilllingwholesalers.com | +1 (718) 249 2245

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Best Practices in Patient Eligibility & Verification

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Strategies to Improve Medical Coding Quality