Our revenue cycle consulting services work to evaluate the existing processes, underlying issues, and solutions to improve the overall gains of our clients. With our clients, we review the whole revenue cycle, from attending to patients to the process of collecting payments and we identify any loop-hole that may be hindering your profits. We can then make suggestion for faster process flow, better rates of collections and other strategies that will enhance the general financial performance of your business.
Our Brochures
Simplifybill’s Revenue Cycle Care with Billing at its Core
Our unique approach to medical billing is how Simplifybill delivers real improvements to the revenue cycle. The SmartClaim system we created reviews billing codes and clinical notes to spot problems before submitting claims. This technology ensures that claims are accepted the first time more than 98% of the time, meaning quicker payments for your practice.
Revenue Cycle Success Through Simplifybill’s Expert Coding
Simplifybill improves revenue cycles with expert medical coding. Our BellCoding system reviews patient charts and finds important codes. Our certified coders then go through each chart to find opportunities for higher revenue that algorithms might miss. By combining technology and skilled professionals, Simplifybill offers an RCM solution that helps you earn more revenue.
End-to-End RCM Service Features by Simplifybill
With Simplifybill’s Medical Revenue Cycle Management, you get everything you need to improve your revenue cycle. We’re the partner you can trust for long-term success.
Charge Entry
- Creating, validating, and sending claims
- Entering accurate super-bill details
- Tracking claim approval
Remittance Processing
- Handling payments from payers
- Managing adjustments and denials
- Reconciliation with claims
Insurance Follow-Up
- Following up with insurance companies for unpaid claims
- Resolving underpaid claims
- Negotiating disputes with payers
KPI Reporting & Analytics
- Tracking key performance metrics
- Analyzing days in accounts receivable
- Customizing reports with data visualization tools
Patient Collections
- Collecting payments from patients
- Sending statements and reminders
- Offering easy payment options
A/R Management
- Reducing aging accounts receivable
- Optimizing A/R workflows
- Confirming claim approvals
Coding and Documentation
- Ensuring correct coding of services
- Using the latest standards and guidelines
- Justifying reimbursements
Charge Capture
- Capturing and validating service charges
- Using charge sheets and EHRs
- Ensuring consistency with codes and claims
Contract Management
- Managing agreements with payers
- Reviewing contracts and monitoring performance
- Analyzing contract metrics like yield and case mix index
Simplifybill’s Solutions for Providers’ Revenue Growth
Poor Cash Flow
Many providers face challenges with steady cash flow due to underpayments or unpaid bills. Simplifybill’s RCM service helps reduce bad debts by ensuring accurate, timely submissions.
Mishandled A/R
Providers struggle to manage their accounts receivable because of complexity. Simplifybill’s solution gives full visibility into A/R performance, making it easier to track aging and turnover.
Misaligned Payer Compatibility
Working with multiple payers, each with different claim types, can be hard. Simplifybill’s RCM platform adapts to these changing requirements and maximizes reimbursements.
High Denial Rates
Providers face a high rate of denials, which hurts revenue. Simplifybill helps resolve the causes of denials and improves recovery rates.
Increased Admin Workload
Appealing denials and resubmitting claims can increase the administrative workload. Simplifybill automates these processes, reducing manual work and improving accuracy.
Unsatisfied Patients
More patients are becoming empowered healthcare consumers. Simplifybill offers solutions to improve patient satisfaction by offering clear billing and payment options.
Complicated Patient Management
Providers find it tough to manage patients’ increasing financial responsibility. Simplifybill’s platform simplifies billing and ensures patients understand their costs.
Reporting & Analytics Features
Data Insights
View key metrics and trends from your billing process through an interactive dashboard. Compare your performance with industry standards to find areas for improvement.
Quick Feedback
Communicate instantly with our RCM experts, patients, and insurance companies using the built-in chat system. Resolve issues in real-time.
Detailed Reports
Customize your reports to dive deep into the details of your revenue cycle. Filter, sort, and export data according to your needs.
Multi-Specialty Support
Manage multiple locations and facilities with one RCM dashboard. View and compare data for different specialties in one place.
Data Security
Rest easy knowing your data is protected. Simplifybill uses the latest encryption technology to keep your information safe.
Data Integration
Easily integrate your data with other platforms. Simplifybill supports various formats to ensure seamless data exchange.