Revenue Cycle Management Services
RA Services has provided industry-leading revenue cycle management solutions to medical practices, hospitals, and outpatient facilities for over 40 years. In today’s dynamic landscape of regulatory demands, secure information exchange requirements, and pay-for-performance programs, it is more important than ever to select the right business partner to help your practice achieve its financial and strategic goals.
Key features of our Revenue Cycle Management Service include:
- Automated coding software that incorporates CCI, LCD and Quality Payment Program edits to maximize clean claims and incentive opportunities
- Coding feedback for optimal reimbursement
- Facility interfaces for hospital-based providers who depend on external collection of demographic data
- Electronic charge verification, charge entry, and payment posting
- Tracking and reporting of specialty-specific quality measures to meet MIPS requirements
- Web portal for 24-7 credit card payments
- Audit functions to ensure that payments received coincide with contracted rates
- Monthly reporting for ongoing monitoring of key A/R performance indicators
- Regular meetings with account managers to review opportunities for revenue enhancement
- Guidance for regulatory compliance, denial management, and contracting concerns
- Financial management services, audits, and QPP consulting services provided upon request
You can rely on RA Services to protect and grow your practice’s bottom line with a “personal touch” that sets us apart from other billing services. For more information or a complimentary practice assessment, please contact either Mark Canada or Mike Kostyniuk at 804-272-8806.