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October 25, 2018

7 Key steps for outsourcing RCM for VBC

Blog Article

Outsourcing your revenue cycle management for value-based care billing (RCM for VBC) involves much more than merely lining up a vendor and walking away. Carefully selecting a vendor with the right technology, depth of skill and experience, fit with your specific practice (including payor mix, specialty, provider count and number of locations), and strong ongoing support will help ensure a successful implementation and lasting partnership. These seven selection criteria will help you cut through the complexity of the wide array of options to focus on the core functionality a vendor must provide for a worry-free, effective outcome.

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Topic: Revenue Cycle Management | Content Type: Blog Article

“[Our] patients are very well-educated and well-informed, and they want to see results quickly. The practice has to run extremely efficiently and be accessible to them. The nice thing about [AdvancedMD] is it has allowed me to be more efficient both in and out of the office. Now I don’t have to come back into the office, which is great for my family and everything else. It saves me a lot of time – probably an hour a day on the three days I work in the second office.”

Keith Berkowitz, MD
Center for Balanced Health

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“If we are waiting for a delivery or in between surgeries, we can log in, check messages or patient information and send electronic prescriptions as needed. Mobility is a good thing, and certainly being able to coordinate care with our patients from multiple locations is definitely a plus.”

Lisbeth Chang, MD
Sunrise Women’s Medical Group

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“With the new scheduler and EHR, we get a lot of the information up front, so when the patient comes in, unless they have something changed insurance-wise they’re already verified and ready to be taken back right away, it also makes it much easier for billing.”

Nancy Sutter
Office manager

“If you want to be focused on your practice and not worry about infrastructure, this is it. It’s transparent, just like when I plug something into the wall I’m not worried about what the voltage is and what’s the availability; it’s just there—like AdvancedMD. It does it so well sometimes you don’t appreciate it until you really think about it.”

Judy Feingold
Occupational Therapist