Revenue Cycle Management (RCM)
Our goal with our RCM offering is to bring your entity to a higher level and provide expertise beyond submitting a claim and posting a payment. We rarely accept “that’s the way we’ve always done it” from our teams, partners, and clients, and it is important that you know that. We let revenue and data play a significant role in the way we work with our clients.
From our coding expertise to our team of analysts, we are always looking to maximize revenue, decrease denials, lower days in AR, and influence change within our client’s practice. Proving financial impacts is one of our most meaningful steps on the road to “ensuring the financial health of the practices we serve.”
Cloud-Based Services
Practice & Physician Dashboards and Analytics
Your personal technology consultants
Expertise ranging from security to app development
Single point of contact for support
Support & implementation
Firewall, security, & third party vendor management
Monthly network & security audits
Shared risk model
With reimbursements in decline, while costs for services climb, practices have had to do more with less. We have developed our IT services to meet the specific needs of your specialty practice. We want your practices operating at maximum efficiency with their internal IT infrastructure. Our confidence shows in our willingness to integrate this into your revenue. With a willing client, we even “share the risk” in your financial success. Our dedicated Technology team works with you to integrate lean technology and offer several “best practice” recommendations to move your group ahead and eradicate waste.
Solutions Integration
The volume of requirements, costs, and issues specialty practices face today are more expensive and cumbersome than ever before. We aim to bring solutions to your conundrum and ease some of the administrative burdens so your teams can focus on care, patient throughput, and outcomes. We integrate these solutions into a single source system or report keeping everyone in the loop with the different processes.
RCM is only one solution that we provide. Other solutions that we provide are:
Surgical authorizations
Diagnostic authorizations
Clinical authorizations
Facility authorizations
Data indexing
Chart auditing
Medical records provision
Credentialing/enrollment
AP & financial reporting
Practice Advocates
Our growing Client Management team is the tip of the spear in our advocacy for your financial success. We start taking your current processes and keep them where they fit or refine them based on other specialty practices successes. We also provide feedback to your organization to continually improve our respective revenue.
The financial viability of your organization is what keeps your doors open and profitable. Innovation is an increasing need for you. Your specialty practice is unique in this need, and the cookie-cutter apps available to you are likely developed for primary care physicians. NewportMed has proven successful in the innovation of applications that better meet the unique needs of our clients.
Together we can stay ahead of the market by anticipating change.
We find the best available tools and services for our clients and their practices to thrive. One of our valued partners is NextGen Healthcare. Their comprehensive, integrated technology and services platform supports ambulatory and specialty practices of all sizes. Please visit here for information about NextGen Healthcare’s ONC HIT certification, including limitations and cost disclosures.
We are a proud member of the Healthcare Business Management Association (HBMA), which is a non-profit professional trade association and a major voice in the revenue cycle management industry in the United States. HBMA is the only organization dedicated to the advancement of healthcare revenue cycle management professionals.