The healthcare revenue cycle/reimbursement cycle is a very particular machine. All aspects need to work together just right and at the right time or the system breaks down. Merem Healthcare Solutions works with independent specialty medical practices to help improve your medical practice as a whole. MEREM Healthcare Solutions is dedicated to providing physicians and healthcare organizations with a uniquely designed support system for revenue cycle and operations management needs.
We have found that an alarming majority of claims rejected or denied on their first pass are in result of data entry errors that occurred at registration. Additionally, a large percentage of patient AR accumulates that could have, and should have, been collected in the office. With Merem Healthcare Solutions on your side, we will help you identify areas of improvement and help you hold your staff accountable. This is just one of the ways Merem goes above-and-beyond to act as your strategic partner towards our mutual goal of improving your revenue.
The first three priorities for providers and practice administrators are to
1. Review staff roles and responsibilities,
2. Monitor front office staff accuracy with a denial analysis
3. Revamp billing processes to accommodate the changing landscape.
The fourth and next essential step is to complete a financial performance review.
While other challenges may need to be addressed to further enhance your patient flow, following these tips will help provide an excellent patient experience and accelerate your journey to operational excellence. As a result, your revenue and overall practice performance can improve, too.
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