Managed Physician Billing Services
Physicians spend years developing the skills required to build a thriving medical practice. But even with that expertise, it is extremely challenging to keep abreast of the ever-advancing field of physician revenue cycle management (RCM). VLRCM handles all aspects of physician billing services, including aging accounts receivable A/R recovery. We also provide a full suite of physician’s auditing & medical billing services that are custom-tailored to fit your requirements.
Started On
April 1st, 2019
Review Period
3 Months
Review Period
3 $700,000 to $1 million
Revenue Increased
30%
SHORTENING REIMBURSEMENT CYCLES AND MAXIMIZING PROFITABILITY
Our best medical billing and experienced healthcare solutions team increase revenue and get payments faster.
OUTSOURCING PHYSICIAN BILLING SERVICES
Increased Revenue:
As a physician billing services company, we have the necessary skills and experience to consistently boost our clients’ revenue. Our proven physician medical billing process includes efficient claims and revenue collections management.
Sense of Financial Security:
VLRCM provides secure and transparent billing and coding solutions, giving our clients real-time access to financial details and the status of each aspect of the claim submission process.
Customer Satisfaction:
Providing excellent customer service is one of our primary goals. We are immediately available to help resolve issues with submitted claims and other aspects of revenue management to let doctors focus on quality patient care & practice.
We Provide Necessary Physician Medical Billing Services To Optimize Claims and Maximize Revenue
Full Suite of RCM Services:
With innovative physician revenue cycle management services, VLRCM strengthens all aspects of RCM, including patient scheduling, payer credentialing, insurance verification, charting and coding review, claims management, denied claims re-submission, and much more. We strive to nurture your organization’s financial health and relieve the administrative burden of dealing with insurance carriers. We provide physician billing services for hospitals and all specialties in an all-in-one solution to streamline your billing process and obtain maximum revenue for your practice.
Denial and Rejection Management:
Physicians lose a significant percentage of revenue due to medical billing mistakes that result in claims being rejected or denied by payers. Our Medical billing and coding services & other practices help you track all claims so that none of your well-earned income is left on the table because of claims being neglected. The analytical reports we routinely produce provide the information needed to identify and eliminate common bottlenecks in the process of resolving claims and pre-authorization issues.
Old A/R Collections:
We often find that new clients have significant amounts of revenue being lost in aging A/R accounts. Our claim management system includes a process for organizing old A/R and getting maximum recovery from those accounts. In many cases, it is as simple as clarifying what the amount is for, and informing the right party in the appropriate manner, whether it is a payer or the patient themselves. Collaboration with our top physician billing management company results in reduced expenses and maximum revenue collection.
HIPAA Compliant and Secure Data Management:
To keep patient information secure, we use the same level of digital security services that banks use. HIPAA compliance is not something you need to worry about when we take on your billing. Our system is specifically designed to meet the confidentiality and security needs of the medical industry. VLRCM is a leading HIPAA- compliant automated physician medical billing agency and has been serving the industry with a wide range of medical practice revenue cycle & cash flow management services since 2012.
Missed Encounter Management and Tracking:
A great deal of time and revenue is lost when patients just don’t show up for their appointments. Our system tracks where the problems occur and help to find a solution. VLRCM’s innovative physician billing solutions let you easily engage your patients and quickly track the flow of encounters through the whole process. Our transparent system helps physicians set up fee schedules, monitor claims, track encounters, manage copays and identify any visits with missing charges.
Charting & Coding Review as per regulatory authorities:
Conducting reviews is important for any practice to ensure that your internal policies are being followed. The work is staying up to your standards and documenting that everything is being done in accordance with the rules set out by regulatory agencies and government payers. Our team of experts is highly trained in finding any bugs in the system and ensuring that your practice runs the way you want it to be.
Additional services include
Credentialing Services for New Practices
Practice Management Services
Electronic Medical Record (EMR) Consultation
Medical Transcription
We provide innovative medical software that has been engineered to simplify all aspects of practice management
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