Improve Your Revenue Cycle Bottom Line

In the healthcare industry, the cost of Revenue Cycle Management (RCM) Services must be closely linked to the effectiveness of insurance collections. Physician practices, hospitals, and third-party service providers increasingly require advanced business intelligence to promptly identify and address immediate issues, while also forecasting and mitigating future impacts on revenue streams. HealthIQ Solutions stands out with deep domain expertise, offering comprehensive solutions in billing, collections, resolution, and AR management, tailored to meet the evolving needs of our clients.

In today’s challenging healthcare environment, declining margins, rising write-offs, and resource limitations significantly affect financial performance. Improving revenue cycle management has become a strategic necessity, with speed and sustainable outcomes as key factors. HealthIQ Solutions’ holistic approach to RCM addresses these needs by leveraging industry best practices, advanced technology, and ongoing education.

Our suite of Revenue Cycle Management Services is just one aspect of the comprehensive solutions we offer. By adopting best practices and utilizing cutting-edge technology, HealthIQ Solutions enhances organizational cash flow and ensures long-term results.

Focusing on optimizing revenue cycle management, we work closely with clients to implement tailored strategies that improve operational efficiency, streamline processes, and strengthen financial stability. Our commitment goes beyond immediate improvements; we aim to deliver lasting, impactful transformations in revenue cycle management.

Full RCM Capabilities Include:

  • Multispecialty Billing & Collections
  • Expertise in RCM Platforms
  • Practice Review & Reporting
  • Physician Education

Service Highlights:

  • Eligibility Verification (EV) and claim submission within 24-48 hours
  • Prompt review and resolution of rejections
  • ERA/EOB posting with balance transfers
  • Denial management including rebilling, write-offs, and follow-ups
  • A/R strategies based on payer mix, dollar value, TFL, etc.
  • Comprehensive dashboard reports covering billing, A/R, and collections

Benefits:

  • 24/7 customer service from billing experts
  • Personalized attention by our billing specialists
  • KPI Metrics: <3% denial rate, 99% first-pass rate
  • >96% collection rate and 35-40 A/R days
  • SQC (Service Quality Control) performed across all processes
  • Real-time dashboard reports and status updates