Revenue Cycle Management
Revenue Cycle Management is considered to be the backbone of medical practices and the healthcare revenue cycle. It ensures providers are reimbursed for the services they offer to patients. Effective healthcare revenue cycle optimization—which includes correct electronic billing—promises numerous benefits for healthcare providers. They reduce costs, save on time, and improve patient satisfaction, to name a few.
Are you ready to take your revenue cycle to the next level? Contact Peregrine Healthcare today and get to know our team of experienced coders. Below are some of the essential features of our revenue cycle management services for medical practices. Contact us to learn more about our services.
Peregrine’s Keys to Efficient Physician Revenue Cycle Management
Effective Collection
- With our state-of-the-art revenue collection system, your medical practice is bound to experience an increase in revenue and reimbursement.
- By using our revenue cycle management services, you are more likely to be paid upon the first submission.
- Our credit scoring system lets you predict which customers are likely to repay and those that need additional help. This helps improve your revenue collection system.
Patient Support
- Support for different payment options.
- Supports patient discount and hardship programs.
- Call center to handle different patient inquiries.
Increase Reimbursement
- With our healthcare revenue cycle optimization services, you get maximum reimbursement for services offered to patients.
- Make use of patient pay policies that are designed to improve reimbursement.
- A full suite of revenue cycle management services that will satisfy your stakeholders.
Detailed Reporting
- Full range access to our online portal where you can view real-time metrics critical to the success of your practice.
- You can compare your practice’s performance with industry standards.
- Access to well laid out reports relevant to your practice.
- With access to data from our reporting suite, you can make better-informed decisions.
Our Approach to Healthcare Revenue Cycle Optimization
At Peregrine Healthcare, we recognize that modern medical practices face increasingly complex financial challenges that can divert attention from patient care. Our physician revenue cycle management solutions are specifically designed to streamline your practice’s financial operations, from initial patient registration through final payment collection, ensuring you maintain healthy cash flow while dedicating your expertise to what matters most—delivering exceptional healthcare to your patients.
Contact Peregrine Healthcare for all your revenue cycle management needs today.