Revenue maximization is the greatest challenge facing practicing physicians. The many dynamics of a do it yourself Revenue Cycle Management system can overwhelm a practice. When done poorly, coding isn’t maximized, claims are late, rejection rates are sky high, payments aren’t posted and AR keeps growing and getting pushed out to later dates. After a while, it seems that there are too many balls in the air to manage.
These financial fundamentals are crucial to execute perfectly every day. Failure to develop and maintain efficient Revenue Cycle Management systems can undo a medical practice.
To achieve Revenue Cycle Management success you need a process designed for specifically for your workflow. Finally, you need Revenue Cycle Management experts who understand your specialty and provide you guidance and full transparency.
That’s where we come in…
The WRS Health Revenue Cycle Management Solutions has achieved unprecedented success for its clients by following our rigorous and proprietary RCM methodology. We start by analyzing your practice for RCM gaps and potential revenue opportunities. We then set up and configure both your software and your medical practice workflow according to tested Best Practices, enhancing said workflow to maximize revenue.
Finally, we assign a Revenue Cycle Management Advisor (RCMA). a specialty-specific, Revenue Cycle Management and coding expert to perform all RCM functions as well as manage and oversee our proven process. Our managed rules engine keeps everything in check, which is why we have one of the lowest claim denial rates in the industry.
Every month the RCMA overseeing your practice personally reviews a detailed RCM Analysis report with you. Unlike other RCM services, we believe in full transparency. Every aspect of your practice's financial health is reviewed and indexed against performance benchmarks. Recommendations for improvements are prescribed as needed.
We work based on results, not promises.
Getting paid correctly the first time is the least costly approach to Revenue Cycle Management. Practices and physicians using the WRS Health Revenue Cycle Management Solutions experience:
Why You Should Select WRS Health’s Revenue Cycle Management Solutions
Lowest Claim Denial Rates with Managed Rules Engine
Dedicated Specialty-Specific Revenue Cycle Management Specialists for End-to-End Service
Enhanced Revenue Cycle Management Workflow to Maximize Revenue
Monthly Performance Review and Practice Improvement Implementation
Proven Methods for Maximizing all RCM Key Performance Indicators