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Revenue Cycle Management is the financial process that healthcare providers use to manage the administrative and clinical functions associated with claims processing, payment, and revenue generation. RCM begins when a patient schedules an appointment and continues until the provider receives all payments for the rendered services
In a complex healthcare landscape, efficient RCM is essential for minimizing lost revenue and ensuring that healthcare facilities can continue providing high-quality patient care
Medical coding is the process of assigning standardised codes to specific services Continuous education to stay updated with the latest coding changes.Certified coders with expertise in ICD-10, CPT, and HCPCS coding
Stay up-to-date with the latest Medicare and Medicaid billing guidelines specific to ASCs
Maintain thorough and accurate documentation to support claims and reduce the risk of audits.
Regarding accurate eligibility verification in Traingle RCM, there are several options – all of which impact the revenue stream in one way or another. The primary concern is how much the mode of patient verification ahead of time improves the payment rate for providers. Furthermore, the next consideration is the amount of time employees must spend in the verification process – manual verification costs more in terms of employee time than electronic verification.
Reconciliationis a key step in closing the revenue cycle, our experienced finance and reconciliation expertise teamare tasked with auditing and financially reconciling all records to be presented to the payer for a final closure of accounts.
Triangle RCM Services
At Triangle Services, we provide innovative solutions for End to End Revenue Cycle Management. that streamline and enhance your healthcare organization’s financial operations. Our approach is built on two sets of three essential pillars: Patient, Payer, and Provider for RCM services, and People, Process, and Technology for our delivery model.
54/D13, Sri Lakshmi Nagar, Mugalivakkam, Chennai - 600125
(442) 325-3670
info@trianglercm.com