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Practice Analysis

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No provider is going to think of switching to a new billing company unless they have any billing/revenue issues with the existing billing company they work with. This is where RapidCare Solutions (RCS) comes to your rescue! With our trained professionals, a thorough analysis of the practice is done to find out the pain points and the process of alleviating it. Here is a glimpse of how RCS approaches in this aspect:
  • Do a thorough analysis of the affected claims from the previous billing company.
  • Bifurcate the denials based on reasons, payers & the bucket they belong to.
  • Check on the global denials and work on a fix for the claims that are nearing a deadline.
  • If the denials are related to credentialing, our team will initiate the process of reaching out to the network reps to escalate the issue and fix the issue by working closely with them.
  • Primary attention will be given to the high dollar value claims based on the AR bucket they belong to as well the ones nearing TFL for action to be taken.

The above approach may vary based on different clients, specialties, and state. Be it anything, RCS takes the necessary steps to make sure the revenue leakage is arrested by fixing the affected claims so there won’t be any future such denials or payment hold ups.