Outsourcing Revenue Cycle Management Services

Are you experiencing challenges with medical billing reimbursements for treatments provided? Do you need assistance navigating coding, billing, and compliance issues to ensure proper reimbursement? Outsourcing revenue cycle management services to us will assist you in overcoming challenges like these.

24+

Years of Experience

13+

Industry Verticals

5000+

Experienced Professionals

Trusted by 1000+ Companies

Outsource Revenue Cycle Management Services to the Expert

As a specialized revenue cycle management company, we enhance your revenue cycle process through efficient workflows, advanced technology, and best practices for the key healthcare services you provide. We have a deep understanding of the issues that lead to inaccurate billing and coding, allowing us to identify and eliminate bottlenecks in your process. Our comprehensive support covers every stage, from capturing patient information to final billing and payment.

Additionally, our expertise in HIPAA compliance ensures that our clients remain compliant even as the guidelines evolve. We enhance RCM management services by focusing on patient care, payment consolidation, collections, alternative payment options, and back-end system improvements. Our clients choose to outsource revenue cycle management services to us because we consistently deliver guaranteed results with unparalleled reliability.

Our Comprehensive Revenue Cycle Management Services

Our end-to-end RCM management services include:

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

  • Patient information Collection
  • Contacting the Insurance Provider
  • Verification of Benefits
  • Obtaining Prior Authorization
  • Documentation and Record
  • Keeping
  • Updating the Medical Billing system

  • ICD-10-CM, ICD-10-PCS , CPT, HCPCS coding
  • HCC Coding
  • Risk Adjustment HCC coding
  • Coding Audits

  • Medical Billing Charge Entry Services
  • Medical Billing Payment Posting Services
  • Medical Accounts Receivable
  • Medical Coding Services

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

  • Schedule appointment
  • View patient information
  • Assign the time slot to the doctor
  • Check doctor’s availability
  • Check Save no show appointment information availability
  • Appointment cancellation
  • Send reminder SMS to patients

The Invensis Advantage for Revenue Cycle Management Services

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

Eliminate Billing & Coding Errors

Billing and coding errors lead to delays in payments or revenue loss. We streamline medical coding by ensuring there is no upcoding or down coding. Additionally, we run our billing and coding through multiple quality checks to identify and eliminate errors.

The Invensis Advantage for Revenue Cycle Management Services

As an HIPAA-compliant outsourced revenue cycle management company, we have over 24 years of experience delivering healthcare revenue cycle management services to US-based health care practices. We have helped our clients adopt best practices, including prioritizing patient care, investing in advanced technology, collecting patient payments upfront, ensuring accurate charge capture, and timely claims filing. Over the years, we have seamlessly integrated people, processes, and technology to adapt to evolving legislation and industry needs. As a result, our RCM management services have helped our clients to eliminate waste, enhance efficiency, and receive comprehensive, value-based support. Our expertise has led to significant success for our clients, including a 20% reduction in claim denials and a 30% increase in collection rates. Outsource revenue cycle management services to us and reap the maximum benefits of back office support services.

Days in AR
-45
Clean Claim Rate (CCR)
%
Denial Benchmark
%
Net Collection Rate (NCR)
%
Outsourcing your revenue cycle management (RCM) process can bring numerous benefits to healthcare organizations. RCM refers to managing healthcare’s financial aspects, including billing, payment collection, and claims management.
With revenue cycle outsourcing solutions, you can streamline your operations and focus on providing high-quality patient care. Here are some of the benefits of outsourced revenue cycle management:

1. Increased efficiency

Revenue cycle management companies specialize in managing the financial aspects of healthcare and have the expertise to streamline your operations. They use advanced technology and tools to automate processes and reduce errors, resulting in faster payment collection and improved cash flow.

2. Cost savings

RCM Outsourcing can help reduce overhead costs such as employee salaries and benefits, training, and technology investments. This can result in significant cost savings for your organization.

3. Improved patient satisfaction

Outsourced revenue cycle management is beneficial because it enables handling of the billing and payment process efficiently, with reduced chances of billing errors and disputes. This can improve the overall patient experience and satisfaction with your organization.
The biggest trend in revenue cycle management is outsourced revenue cycle management. This trend is helping organizations streamline their billing and collection processes. It is because of this trend that specialized healthcare RCM companies are more in demand than before.
Revenue cycle management outsourcing has become popular because it takes off the burden of managing critical and tricky in-house tasks such as claims processing, billing, and collections. These companies have expertise in navigating complex billing systems and assisting practices improve revenue collections at reduced costs.
Healthcare revenue cycle management services are increasingly focusing on enhancing patient satisfaction and reducing financial burdens. This includes implementing patient payment portals and providing financial counseling to patients.
Revenue cycle outsourcing is more popular as it allows healthcare organizations to focus on patient care while outsourcing the management of their billing and collections processes to third-party vendors. Outsourcing revenue cycle man to top revenue cycle management companies can also lead to cost savings and improved efficiency.
One more dominating trend is the use of technology in RCM services. This includes using electronic health records, billing software, and patient portals. The use of technology helps streamline processes and improve data accuracy, leading to increased revenue for healthcare organizations.
1. What is revenue cycle management?

Revenue cycle management (RCM) handles the financial aspects of a healthcare organization’s patient care. This encompasses the entire process, from patient registration and insurance verification to billing and collections. Most practices choose to outsource revenue cycle management services because it obviates the need to have a separate department to manage this service.

Revenue cycle management (RCM) handles the financial aspects of a healthcare organization’s patient care. This encompasses the entire process, from patient registration and insurance verification to billing and collections. Most practices choose to outsource revenue cycle management services because it obviates the need to have a separate department to manage this service.
Revenue cycle management (RCM) handles the financial aspects of a healthcare organization’s patient care. This encompasses the entire process, from patient registration and insurance verification to billing and collections. Most practices choose to outsource revenue cycle management services because it obviates the need to have a separate department to manage this service.

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What Our Customers Say

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex Leading Healthcare Provider in France

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex Leading Healthcare Provider in France

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex Leading Healthcare Provider in France
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