Revenue Cycle Management
Get paid faster & improve the ROI of your practice.
Revenue Cycle Management (RCM) is the process in which healthcare facilities and practices manage the entire billing lifecycle of the patient, from patient scheduling and registration to final payment. It is a critical part of running a hospital or other health facility and how effectively it is managed determines the success of the practice, regardless of whether you serve 50 or 5000 patients.
A majority of providers in the states don’t have the knowledge, data, time, money, or resources to get revenue cycle management right. The cool part about our service is that the amount of money they would pay us is far less than the money we’d make them by optimizing their revenue cycle and making sure they are getting every dollar possible. Similar to contracting services designed to free up time and energy to focus on patients.
Bone & Joint Surgery Center of Novi wanted to renegotiate their top three revenue-producing payer contracts, and PayrHealth’s experience brought an increased reimbursement, realizing a double-digit percentage increase to their major contracts.
Our experience with PayrHealth was spectacular! Not only are they affordable for ASC’s, they fully understand insurance contract negotiations while offering a software that allows you to analyze your current contracts.”
PayrHealth is an all-in-one payor relationship management solution. We strategically and proactively manage contracts, payor relationships, and revenue cycles to help level the playing field between independent providers and payors.
Meet with a team that understands your unique needs wherever you are.
Our team covers and have solved problems in a wide-ranging variety of provider industries.
We look out for those who need our services and expertise the most.
We’re a growing company, too! We focus on your growth and aim to be a dependable partner for years to come.
We handle all communication, submissions, resubmissions, and escalations, with payors.
We analyze your revenue cycle and optimize it to make sure you’re getting paid more and more often.
It’s difficult to find expert coders and we have a whole team of them. Know you’re always using the right codes to get you paid the most.
We help you keep your revenue growing and consistent by making sure all of your claims are taken care of.
Regular check ins and a dashboard to drive your practice growth.
Onboarding gives us the opportunity to meet your team and complete our comprehensive onboarding package
Strategy is jointly made by identifying your goals, determining priorities, and aligning on SLAs
Execution as the new extension of your team. We begin medical billing and claims submissions
Iteration helps us identify process improvement opportunities and streamline collections
Reporting monthly on key metrics and meetings to review progress build around data that matters