Revenue Cycle Management (RCM) in Healthcare
At VeeBill, we are focused and committed to providing cost-effective, end-to-end Revenue Cycle Management (RCM) solutions to out clients.
We offer 360 degree medical billing assistance and RCM services to hospitals, physicians and successful third-party medical billing companies. Our RCM solution suite is distinctively customized according to our client's requirement, and poised to increase revenue and get rid of inefficient resources.
Our end-to-end Revenue Cycle Management (RCM) services include:
VeeBill offers cost-effective Revenue Cycle Management (RCM) solutions that help hospitals streamline their patient billing and collections processes. Our RCM model incorporates:
- Qualified consultants with operational experience in Patient Access, Health Information Management and Patient Financial Services.
- Knowledge of advanced technology for the automation of repeatable processes and the validation of accurate, compliant account information; and
- Process improvement capabilities across all departments supporting the revenue cycle.
Our comprehensive RCM services include:
Patient Registration, Appointment Scheduling and Pre-Insurance Verification
Our teams process the patient demographic information and register a patient, followed by appointment scheduling at the healthcare facility. After appointment scheduling, VeeBill undertakes the Pre-Insurance Verification process with the Vee Eligibility Verification solution.
VeeBills Claims Management solution accepts professional and institutional claims in any format. The claims cross an extensive system of edits and our powerful claims tracking feature eliminates lost claims by reporting when claims are received, delivered and accepted by the payers. The documents are examined for billing errors and the
Explanation of Benefits (EOBs) is prepared. The claims are submitted and filed with the insurance company and the
account receivables and follow up process is conducted.
Medical Coding
VeeBills
Medical coders are AAPC-certified. The medical documents are validated by our team and reviewed for completeness, quality and readability. The diagnosis, procedure codes, and modifiers are assigned as per client guidelines.
VeeBill processes charges for
multiple specialties and our
staff is trained in rules and regulations related to Medicare , Medicaid, Managed Care, Third Party Liability, Workers Compensation, Preferred Provider Organizations and Indemnity Insurers.
The Vee comprehensive suite of financial services offers superior payment convenience and flexibility. Vee Payment Plans help increase the collection of co-payments, co-insurance, and deductibles while enabling the scheduling of automatic payments from a patients credit card.
VeeBills
medical billing executives study the claims, identify denials by revenue
coding and
codes and prepare a comprehensive denial management report.
VeeBill's systematic account receivables and follow up process affords accurate and faster payments. Follow up team handles
payment posting of all checks from insurance companies. The Vee Electronic Remittance Advice (ERA) solutions save time and eliminate costly paper processes. The ERA tools allow users to search for EOBs by check, payer or patient name, and individual EOBs may be printed for secondary filing. The Vee Print Services solution offers professional statements and collection letters that are easy to read, understand and pay. Vee checks each outgoing statement against the National Change of Address database and automatically forwards statements to the patients most current address.
