| Specialty | Physical Group |
The Challenge
Before partnering, Regional Eyecare managed the medical billing internally. To scale for growth, they turned to us to reduce the internal cost and improve the accounts receivables collection rate.
- Higher Internal Cost ($360K) to manage Revenue Cycle Management Process
- Lower Monthly Collections rate due to Untimely AR follow up (20%)
Our Impact
We Reviewed Regional Eyecare’s Coding and Billing and Post onboarding as RCM services provider, reduced their internal RCM Cost by 31%.
- Reduced Internal Cost to manage Revenue Cycle Management Process ($260K)
- Increased Revenue Collection Rate (33%)
- Medical Coding Review
- Insurance Eligibility Verification
- Insurance follow-up
- Proactive claim follow-