Medical billing in today’s ever-changing reimbursement environment is tricky business – even for the most experienced office. Claims at the payer level often slip through the cracks without producing either a payment or denial. How confident are you that your billing staff is finding these oversights and converting them into revenue? Welcome to the revenue cycle management division of ADP. Managing billing and reimbursement is our core competency. Our team of billing experts has proven success in your specialty and is dedicated to you, like your personal hired gun to outsmart the insurance giants and maximize your reimbursement.

Topics addressed in this animation:

• Risks of managing claims on your own
• How to stay abreast of regulatory change
• How to reduce business & administrative overload
• A faster way to realize claims reimbursement
• A more affordable way to manage revenue

RCM Illustrated Video Script

Although you may have your practice up and running, there are still the struggles of collecting your receivables as quickly as possible and improving overall profitability. Medical billing in today’s ever-changing reimbursement environment is tricky business...even for the most experienced office. Claims at the payer level often slip through the cracks without producing either a payment or denial. How confident are you that your billing staff is finding these oversights and converting them into revenue? How about filing limits? If claims are not timely they’re uncollectible, resulting in loads of money left on the table. Claim rejection follow-up is arguably the most overlooked, and arduous task in the practice. Who has the time? Who has the motivation? Who has the expertise?

You may want to add more patients, doctors or even expand locations, but the paperwork, accounting and infrastructure required can be overwhelming. Your only alternative is to throw more resources at the problem and for most practices this means costly staff replication.

Quite often administrative obstacles seem insurmountable. You didn’t go to school to be a CEO, and juggling all this extra work means more than just lost revenue, it means seeing fewer patients. No wonder so many doctors outsource complicated business processes such as tax and payroll to CPAs! Medical billing and compliancy to a private practice physician are no different... and just as risky.

Welcome to the revenue cycle management division of ADP built on AdvancedMD medical office technology. Managing billing and reimbursement is our core competency. Our team of billing experts has proven success in your specialty and is dedicated to you, like your personal hired gun to outsmart the insurance giants and maximize your reimbursement. With ADP looking out for your financial interests, you can offload many of your business hassles. Timely claim submission and payment posting, aggressive insurance follow-up, competent patient billing, and courteous patient phone calls. We manage it all!

Our services include our cutting-edge technology with everything you need: online scheduling, practice management, even EHR. We collect money faster with proprietary, industry-leading claim scrubbing processes, a comprehensive clearinghouse, and a carrier-specific, rules-driven insurance follow-up system. Simply put, no one can compete better and more aggressively on your behalf against sophisticated payer systems than ADP. You can finally ditch time-consuming paper charts and utilize state-of-the-art electronic health records that help you see and manage more patients. Online access through the cloud means new levels of freedom, improved data security, and reduced IT costs.

Your financial performance is no longer a mystery. You’ll receive regular, personal A/R reviews, reimbursement trend reporting, and continual transparency into the financial health of your practice. This critical information helps you practice medicine with new levels of insight and competency allowing you to make smarter decisions, like managing your payer and patient mix as well as balancing workflow to maximize revenue.

Results are easily measured. Your staff can be focused on more profitable endeavors...such as patient care. You’ll save on hiring, training, and retention costs as well. From ADP, you gain an entire team of qualified and motivated billing experts defending your financial success, giving you more confidence in your revenue and more money in the bank!

We know the decision to outsource your financial livelihood is significant. We are prepared to professionally manage cumbersome business and accounting tasks to help you stay focused on the medical side of your practice.

When you choose our revenue management service, AdvancedMD software is included, giving you anywhere, anytime transparency into your financial performance. You utilize the same powerful software features as tens of thousands of other practices. Additionally, IT complexity and costs are reduced. Your clinical and financial records are safeguarded in a banking-grade data center with automatic, hourly backup, giving you total piece of mind.

We provide flexibility to match your clinical workflow. Utilize our integrated EHR, where the billing process starts automatically the second your notes are completed. No EHR? No problem. Simply utilize our online charge slips, perfect if you’re still using paper superbills.

Why even consider risking your financial wellbeing by managing claims on your own? Now you have an easier and faster way to realize income, with one-on-one concierge-style support to improve productivity across all areas of your practice. We help you stay abreast of regulatory change, and deliver a more affordable way to manage revenue. No one is more experienced and more qualified to support you than ADP. Our team of professionals is motivated and focused on you and your needs, without the administrative overload, freeing you to do what you do best… practice medicine.