Could your medical billing be improved? We can help.
When your healthcare practice has difficulty coping with the demands and intricacies of medical billing and collections, PMBC offers interim or long-term services that are often more effective and less expensive than “in-house” options. Our services enable you to leverage our team of highly skilled, trained, and specialized professionals, without incurring the risks and costs of full-time employees. Whether you opt for our full billing services or a short-term, focused engagement, we get paid only when you get paid.
Benefits of Partnering with PMBC for RCM Services
- Accelerated cash flow.
- Reduced time and investment in internal billing, receivables and collections processes.
- Increased productivity and improved workflow.
- Enhanced patient relations and patient satisfaction.
- Efficient use of technology.
- Compliance with government and third party payors.
Partners with Shared Goals
RCM Partner When working with clients to improve their cash flow and billing processes, PMBC prefers to consider itself a partner rather than a consultant. To help ensure a successful partnership, it is critical for the partners to have aligned incentives, goals and risk-sharing.
Broad Exposure to Medical Billing
Knowledge Maximizing allowable reimbursements and implementing efficient and effective workflow methods are always our key objectives. In providing billing-related consulting services to a wide range of physicians’ groups and medical practices, PMBC has had exposure to many practice management and billing systems and methods. Drawing on these experiences, PMBC has fine-tuned its billing and reimbursement management services into what we believe is one of the most productive systems in the industry today.
RCM Improvements Each day that a claim ages, the return on your dollar decreases. The adjudication of accounts receivables is seldom a simple process, due to more stringent requirements by third party and government payors. Likewise, the expense associated with refiling a claim can average as high as $17, according to recent benchmarks. PMBC’s revenue cycle management teams will help you collect the money you have rightfully earned. Our experienced staff of reimbursement specialists can turn your aged receivables into cash. You improve your bottom line without increasing overhead or staff. And since PMBC doesn’t get paid until you do, you can be sure that the costs of our billing-related services are more than offset by your increased collections and accelerated cash flow. Request a revenue cycle management discovery call with one of our experts today to learn more about the return on investment PMBC clients are seeing today. PMBC’s cash acceleration programs can help your practice collect the money it has rightfully earned. Our experienced staff of reimbursement specialists can turn your aged receivables into cash. You improve your bottom line without increasing overhead or staff. And since PMBC doesn’t get paid until you do, you can be sure that the costs of our billing-related services are more than offset by your increased collections and accelerated cash flow.