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Dental Revenue Cycle Management
All dental practices face a common issue when they don't have a dental revenue cycle management team to collect unpaid dues and ensure streamlined revenue cycle management. In most cases, dentists are stretched between administrative tasks and patient care causing the gap in performance to widen. In the end, revenue is inconsistent and there are always unpaid dues to follow up. A big chore for a small practice or clinic to manage on its own. This is where it becomes a necessity to outsource dental revenue cycle management services to Vardhan Medical Coding Private Limited.
We justify your decision to choose a dental revenue cycle management service providing company like us by offering to capture payment for your practice, send payment reminders to defaulters, maintain account trails, and more to restore balance in your revenue cycle management (RCM).
Dental Revenue Cycle Management Services We Offer
At Vardhan Medical Coding Private Limited, we have experience working with dental care practices and hospitals where there is always a bulk revenue cycle management delinquency to follow up and fix. Our services are scalable and dependable because it's handled by experienced RCM experts. As we take over the administrative roles, you'll be freed up to focus on patient care and other priorities. Here are the major services included in Vardhan Medical Coding Private Limited' dental revenue cycle management services -
01. Accounts Payable Processing
At Vardhan Medical Coding Private Limited, we offer the full suite of accounts payable solutions including invoice processing, coding itemized invoices, matching descriptions with cost, and so on. This service is carried out in your revenue cycle management at the end of each day to ensure the accounts are in order.
02. Dental Practice Credentialing
Getting your practice credentials from an insurer is a tedious task and we'll do it on your behalf by filing paperwork and completing the enrolment with the insurer's network. Since credentialing isn't a one-time process, we'll remind you when re-credentialing is needed.
03. Accounts Receivable Cleansing
If maintenance of your AR is long overdue, it's likely to give duplicate data and even redundant ones with constant creation, modification, and erasing of data. When new data is added with shared traits, it can occasionally lead to clerical errors. Therefore, we identify such data by cleansing your AR inside-out.
04. AR Follow Up
If you've been neglecting dues, it can be difficult to follow up when your cash inflow is down to a trickle. So, our team will investigate the accounts stream to identify the delinquent accounts and errors causing payment to be stuck in a labyrinthine process. Once all receivables are identified we will find ways to accelerate payment back to your revenue stream.
05. Payment Posting, Adjustments, Denial Management
Maybe the payment is cleared for the withdrawal, but if you have posted receivables to your practice accounts, the payment capture is still incomplete. Therefore, we will capture the payment and ensure it is posed to the relevant account and a trail is generated to confirm payment received status. If you have a pile of denials that are still unsorted we will rectify the clerical errors or shortage of documents to ensure acceptance of claims.
06. Fee Schedule Maintenance
The easiest way to avoid denials from causing overhead cost and time to your practice is to stay abreast of the fee schedules prescribed by the payers so billing errors can be eliminated at source leaving no scope for denials.
07. Eligibility & Benefits Checking
One of many things to do to assuage the burden of revisiting denial case files is to eliminate obvious errors at the source. So we do this by checking patient eligibility to ensure they have the authorization and clearance to get care from the practitioner. We will check if the patient is covered by the insurance for select Medicare treatment. This helps you avoid providing the care and then going after the insurer or the patient to cover the gap amount.
Dental Revenue Cycle Management Process VMCPL Follow
Experts at Vardhan Medical Coding Private Limited excel at dental revenue cycle management strategies that comply with mandatory regulations. Additionally, we follow a stringent process that helps practices to secure their dues to have a healthy revenue cycle management. Here is the process flow we follow -
01. Discussing and Gathering Requirement
Understanding what the client needs is the first step in revenue cycle management. Our team will coordinate with the client to determine their revenue cycle management challenges
02. Preliminary Assessment
Our project heads will run a preliminary assessment to check the status and health of the client's revenue cycle management
03. Document Synthesis and Optimization
All documents necessary to file claims are downloaded in bulk and stored on the Cloud beforehand
04. Explanation of Benefits (EOB)
We will source the EOB from the insurer with the complete disclosure of what is covered and what isn't
05. Denial Management
Being a top dental revenue cycle management company, we will tackle existing denials by fixing the delinquencies and submitting fresh claims electronically in the prescribed format
06. Reporting and Feedback
After completion of RCM, we will create a clear document trail that you can follow-up for perusal
Why Outsource Dental Revenue Cycle Management Services to Vardhan Medical Coding Private Limited
When you prefer to outsource dental revenue cycle management services to Vardhan Medical Coding Private Limited, professional services are guaranteed by us. Vardhan Medical Coding Private Limited has become the best dental revenue cycle management service provider in the world for the following reasons -
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ISO Certified Dental Revenue Cycle Management Service Provider
For 3 years Vardhan Medical Coding Private Limited has been the last name in dental revenue cycle management services. Our methods are HIPAA compliant and honest.
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High Scalability
When you outsource dental revenue cycle management services to Vardhan Medical Coding Private Limited, you also have an option to scale the service depending on the demand at your end. More resources can be added on the moment's notice to clear the bottleneck.
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High Data Security
We do nothing that puts your patient's data at risk of exposure to unauthorized members. We are ISMS complaint and keep all the data is secure storage point till the solution is rendered.
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Quick Turnaround Time
The clients who outsource dental revenue cycle management services to Vardhan Medical Coding Private Limited are deeply satisfied with our team's agility in remediating the flaws and streamlining the revenue cycle management.
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24/7 Customer Support
We have multiple offices located in different parts of the world. It allows us to operate 24/7 and serve our clients at any time.
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Affordable Pricing Options
The dental revenue cycle management services we offer are reasonably priced and comes with an option to customize if you don't prefer the whole suite.
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Highly Qualified and Accurate Services
We have continuously excelled in dental revenue cycle management because of quality. We take measures to ensure that the quality is never compromised.
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