Remedly’s RCM and Medical Billing Features
Revenue Cycle Management has never looked so good. Your Remedly software is a pragmatic solution to manage finances and provide the data you need. Clear and accurate accounts are safely stored for each patient, and patient records can be retrieved easily, equipping you with the ability to make astute decisions. Similarly, ledgers can be viewed for each patient, each company, and each insurance provider as you need. Functionality can be tailored to your practice requirements, but here is a summary of some of our most popular features.
Remedly’s medical billing system provides enhanced accuracy of data leading to a decrease in the number of rejected claims and faster revenue collections. Revenue cycle billing also takes care of contract fee schedule management, to ensure you’re receiving maximum claim revenues. Cash flow is more secure, keeping your practice in a strong fiscal position and providing peace of mind.
More benefits with Remedly’s revenue cycle management solution include:
- Contract fee schedule management
- Remittance tool
- Claims scrubbing
What Makes Remedly’s Revenue Cycle Management (RCM) Solution Different?
Our cloud-based medical billing software is a revenue cycle management service designed to suit medical practices of all sizes and at any stage of development. The software records every patient interaction beginning with initial registration, and it takes care of each financial interaction and securely stores all data.
This RCM healthcare service includes built-in reporting capability to provide analytics at the touch of a button. You can gain a comprehensive understanding of exactly what is performing well within your practice, and which areas could be improved. Think of Remedly as your practice’s very own CFO, making medical billing stress a thing of the past.
Our electronic medical billing software is designed to integrate with our EHR, allowing your practice to maintain accurate patient information, ensure data security, determine and achieve business goals, improve interactions, increase efficiency, and decrease billing inaccuracies, all while increasing profits. We work closely with our merchant services vendors to ensure transactions are frictionless and error-free. Remedly has a well-deserved reputation as a trusted partner with our vendors which, combined with our intuitive software, means claims are more likely to achieve maximum reimbursements.
In collaboration with domain experts in claims management, Remedly identified and eliminated frequently-occurring bottlenecks during the insurance billing process from claim creation to submission and insurance payment through remittance disbursement, to ensure a smooth claim lifecycle. Our revenue cycle management solution makes it easy to track the status of any claim at any given time, allowing practitioners to focus more on their patients and spend less time investigating the status of claims.
Successful Merchant Services and POS Integration in Medical Billing
To help your practice operate more efficiently, the RCM has built-in integration with different merchant services vendors that will make the process smooth and efficient. In addition, an integrated POS enables patients to pay for services online, save their credit card on file, and keep a record of all transactions in both the EHR and RCM. Additionally, with Remedly’s RCM, you will be able to generate bills and email them to patients for payment with just one click.
There are additional benefits to having an integrated POS in terms of business sustainability. You will have more control of inventory and on-site and online sales. Payments can be made via a wide range of payment methods and data is highly secure. Reporting features will enable you to see data including item sales volume, employee sales figures and overall performance. This capability takes the guesswork out of running any business. Knowledge is power, and Remedly’s revenue cycle billing system is knowledge at your fingertips.
How can our RCM healthcare software help to reduce denied claims and increase revenue?
As a quick guide, this list outlines the key ways RCM healthcare software supports your practice
Adherence to ever-changing guidelines when making claims.
Medical billing software designed with an understanding of what works.
Open and easy communication.
Remedly is known and trusted by insurance providers.
Accurate accounts for each patient, fewer discrepancies.
Payments are tracked and followed up.
Performance easily monitored.
Different revenue streams tracked and reported.
Time saved by automation of processes.
Optimization of stock levels to maximize sales and ease cashflow.
Remedly has helped us automate Medicaid claims submission for two states and is helping us automate several others.
SVP of Operations, Individual & Family Services
Remedly is the ideal solution for billers looking to eliminate administrative tasks while maximizing revenue