Increase Revenue & Cash Flow
Decrease Operating Costs
Enhance the Patient Experience
Our 300+ outsourced billing team helps alleviate staffing issues and reduce operating costs by consolidating in-house resources for maximized efficiency.
You'll get insight and clarity on your billing and collections processes including:
of medical practices say costs have
risen faster than revenues.*
of medical practices say staffing
is their biggest challenge.*
of medical groups say time in A/R
increased in 2022.*
*MGMA Stat polls 2022
Key industry metrics such as these and process improvement strategies will help drive your revenue cycle.
MedicsRCM has helped clients achieve dramatic business and clinical growth.
Thomas Beggins, MD
Connecticut Eye Physicians PC
We know your payer mix, your state billing requirements, and your specialty.
Use an array of features that work to reduce your outstanding patient balance A/R:
We stay ahead of the seemingly never-ending billing regulations affecting your practice including:
Following MGMA financial reporting recommendations, MedicsRCM produces comprehensive financial and management reports, analytics and KPIs.
Our management team has over 200 combined years of experience in RCM and billing.
Sheryl Miller, MBA
EVP of Sales & BD, RCM Services
Jim Woods
Vice President, RCM Services
Gene Spirito, MBA
National Sales Directer, RCM
Shanna Kurek, MSA
Director of Project Management
Marybeth McGowan
RCM Division Manager
Daphna Barzillai, MBA
RCM A/R Manager
Isaiah Leech, MBA
National Portfolio Manager
Kim Becker
National Portfolio Manager
We know selecting an outsourced medical billing company can be difficult. You probably have loads of questions, so let’s get you started on some of the most frequently asked questions we get.
MedicsRCM pricing is based on a percentage of the amount collected for you, with percentages generally ranging from 3% to 6% based on the collection amount.
We can start to submit your claims in as little as 30 days once our 5-7 days of testing is completed.
A MedicsRCM Services Manager, experienced in your specialty(ies), is assigned under whom following resources operate:
We import your current files such as Referring Physician, Insurance, and Fees into our MedicsPremier practice management system.
MedicsRCM uses the MedicsPremier system which is our own product, relied on by tens of thousands of medical practices to process tens of millions of EDI transactions annually. Something traditional outsourced medical billing servers can't offer. Our clients benefit in how we don’t rely on a second or third party software vendor for support and updates. ADS has been a leading medical software company since 1977.
No one wants to submit all of your claims more than we do since we only get paid on amounts collected. But, that would be irresponsible. Instead, we submit test claims for 50 to 100 of your patients for approximately 5 to 7 days. All of your claims are submitted once the test claims are verified.
We can bill and resubmit those claims. In fact, MedicsRCM tracks old claims vs. new claims.
Yes, MedicsRCM clients have 24 x 7 on-demand cloud access to all of their data. We train clients on using our MedicsPremier system, and encourage them to see how things are going!
Clients almost never need truly customized reports since our reports/dashboards as so highly user-defined, and are exportable to Excel. But if a certain customized report(s) are needed, your Accounts Team will provide same via standard PDF or Excel.
Possibly, and if so, we provide you with whatever form(s) are needed by any insurance payer(s) and provide assistance, if needed, in completing them. Of course 100% electronic claims and EOB reconciliations - which our team handles for you - are encouraged.
First, clients have access to our patient responsibility estimator, a powerful feature for obtaining personal balances. MedicsRCM processes patient statements. Patients are directed to call us, not you, with statement questions. Our portal has an option for online credit card payments, and our balance due texting option is ideal for reminding patients about what they owe. Texts can link to the portal for patients to make their payments online. Texting is also excellent for reminding patients about their appointments.
Yes! Our insurance discovery option has a very high rate of success in identifying patients’ insurance when it’s missing or unavailable.
Yes, with our options for Medics Telemedicine, Portal, Texting, Kiosk for expedited intake, and even for remote patient monitoring (RPM) of vitals. Telemedicine and RPM are ideal for generating revenue and texting keeps patients tuned into their in-office and telemedicine appointments while helping to eliminate no-shows.
We actually have three options for EHR! One is to use our certified MedicsCloud EHR which is excellent for any number of specialties. Or, you can keep your existing EHR with an interface to our MedicsPremier system. Our third option is our Medics e-superbill if you prefer to not use an EHR or to have your existing EHR interfaced with us. Either way, we have your medical practice covered.
Charles Saha, MD
Park Avenue Medical Professionals