Revenue Cycle Management (RCM) includes all administrative and clinical functions that contribute to the capture, management, and collection of patient service revenue.
The revenue cycle in healthcare organizations is a multi-step process, beginning with providers submitting their patient documentation to their RCM vendors or in-house staff who then code the charts according to the ICD-10 CM. From there, the claims are submitted, posted and adjudicated by the payer. If a claim is denied, efforts should be taken to adjust and resubmit the claim before the appeal deadline. Afterward, if there is a patient responsibility portion following payer adjudication, the patient billing cycle begins. Many RCM vendors also provide managed-care contracting, coding education, coding benchmarking and analytics services to further capture all earned revenue for a practice.
MDCS with a highly specialized team of financial and clinical experts, We deliver RCM coding solutions specific to the client’s need in working with a client’s host system using its tools. We build efficient workflow processes with a higher output through the use of a hybrid of automated and manual solutions. This is precisely the time to engage with a partner who brings a deep understanding of the revenue cycle. MDCS provides tailored revenue cycle management solutions that cut through the complexity with expertise, operational excellence, and a sophisticated approach. MDCS offers a host of value-added services from Patient Access to Revenue Realization in the RCM space.
We are expertise in providing low-cost/high-quality Medical coding services for specialties like E&M, ED, IPDRG, Diagnostic/interventional radiology, Pathology, Same-day surgery, etc using ICD10CM, ICD10PCS, CPT, HCPCS coding guidelines. We have well experienced and dedicated experts who are passionate about meeting the needs of our clients in the healthcare industry. We also provide MIPS data abstraction services.
Through our indigenous training programs and strict adherence to the highest standard of compliance, we drive operational excellence and integrity in all aspects of our professional conduct, while striving to reflect the highest ethical standards in our relationships with our clients.
Our coders can scale quickly and complete projects of any size with the highest level of accuracy.
Will save you front cost up to 30% from your current vendor. Plus will increase your ROI with quality coding and auditing.
We will be by your side 365 days a week 24 hours per day.
MDCS hires the best in the industry and we keep up to date with the latest technology to provide you safe, efficient results.