Revenue Cycle Management
Medical billing and coding processes are integral parts of the revenue cycle of any practice. These processes work hand-in-hand to streamline reimbursement by ensuring that insurances are billed accurately and you receive payments for your service. As a result, the medical coding and billing procedure in your practice must be effective and efficient to ensure optimal financial performance.
At TJB Consulting, our comprehensive Revenue Cycle Management (RCM) services are meticulously designed to optimize every aspect of your medical billing process—from patient registration to payment posting. We focus on maximizing your practice’s revenue while reducing administrative burdens, allowing you to concentrate on delivering exceptional patient care. Partnering with us provides advanced solutions that boost the efficiency, accuracy, and reliability of your services.
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Our comprehensive RCM approach includes:
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Claims Submission & Reimbursement Tracking: Accurate and timely claims processing, from submission to reimbursement, to reduce delays and errors.
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Payment Posting: Timely entry of insurance and patient payments to maintain real-time data accuracy.
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Denial Management: Proactively handling of claim denials, swiftly identifying and resolving issues to secure the payments you deserve.
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Detailed Reporting & Analytics: In-depth reports and data analysis to provide valuable insights for informed decision making and financial health.
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End-to-End Support: Complete management of the revenue cycle, ensuring every dollar is accounted for and your practice operates at peak efficiency.
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Why you need medical billing
When running a medical practice, responsibilities can pile up and detract from your ability to focus on core competencies. Medical billing is a demanding task that require great attention to detail. Even the slightest error can result in a denied claim, impacting revenue. See what you can accomplish with help from our medical billing experts.
Streamline the Billing Process
Our specialists will help you create an efficient medical billing and collection process by effectively managing every stage. From reviewing claims to conducting follow-ups, we ensure everything runs smoothly and is completed on time.
Improve Claim Accuracy
When it comes to increasing the chances of claim approvals, the accuracy of the information is crucial. Our certified medical coders minimize errors to help you improve claim accuracy.
Maximize Reimbursement
A consistent cash flow is a defining factor of any successful practice. With our team, claims are submitted faster with greater accuracy, resulting in a high collection rate. We also track your financial performance and improve claim management processes, helping you receive optimal reimbursements.
Maintain Compliance
While regulations are put in place to protect patients & organizations, complex and constantly changing guidelines can be a challenge. Our team has an understanding of various regulations and continually monitors changes to ensure compliance. We prioritize these standards to help you reduce errors and mitigate risks.