Specialties Served
Experienced Resources
EMR/EHR Expertise
Large practices often face significant challenges, from patient registration to managing a high volume of claims. Filing numerous claims alongside other administrative duties can overwhelm your staff and reduce efficiency.
A robust billing infrastructure is key to ensuring transparency, affordability, and flexibility in resolving these challenges — and that's where OneMed excels. Our system is equipped with advanced denial management tools, supported by a team of experienced professionals who offer solutions and 24/7 assistance, ensuring a seamless billing experience.
These Key Performance Indicators Are Essential For Optimizing Billing And Enhancing Revenue Cycle Management
These metrics account for 60% of your billing process’s efficiency, productivity, and financial performance, based on firsthand experiences from our clients.
This metric tracks the average number of days it takes for your practice to collect payments. We focus on lowering the accounts receivable days ratio to ensure faster reimbursements.
Also known as the first-pass clean claim rate, this measures the acceptance rate of claims on their first submission. Our quality revenue cycle management services help achieve a high first-pass clean claim rate.
The net collection rate reflects the total amount collected from patients and insurers, providing valuable insight into your practice's financial health. We prioritize timely payments to ensure a consistently high net collection rate for your practice.
This metric indicates the ratio of claims denied by insurers, showcasing the effectiveness of your revenue cycle management. We proactively follow up on denied claims, rectify errors, and maximize revenue generation.
A one-size-fits-all approach doesn’t work, so we offer personalized, transparent, and error-free services for large practices. Our team audits billing processes, corrects errors, and thoroughly reviews unpaid and aging claims.
Large practices face numerous challenges, from patient registration to claims submission and denial management. We manage all non-clinical burdens, letting you focus on providing excellent patient care. With specialized billing, coding, and RCM systems, we maintain a clean claim submission rate of over 99%. We ensure timely claim filings, actively follow up on aging accounts receivable, and work to maximize reimbursements.
Offered as part of a package or on an à la carte basis.
Advanced billing technology and coding expertise provide seamless support for operations, customizing billing and revenue cycle management for large practices. Outsourcing billing gives access to this expertise without incurring additional software or hardware costs.
We conduct internal audits to identify inaccuracies and highlight areas for improvement within billing processes. Our commitment to quality control includes double-checking claims and comprehensive reviews, helping to close revenue gaps and enhance accuracy.
Maintaining clear and effective communication among insurers, administrative staff, and billing personnel is vital for building strong partnerships. This builds trust among all parties involved and minimizes misunderstandings and errors.
Our team of trained professionals brings experience and a high level of skill in coding, billing, and claims submission. Your large practice can leverage this expertise to ensure compliant and efficient billing practices, resulting in fewer denials.
We stay abreast of the latest regulatory changes and coding guidelines for diagnostic procedures and insurance requirements. Our coders are well-versed in ICD-10, CPT, and HCPCS systems, ensuring accuracy and expediting collections.
Unlock full revenue and care potential of practice with flexible add-on services, offered individually
or as part of a comprehensive package.
Secure pre-approval from insurances for services and treatments, eliminating hassle and reducing costs associated with unexpected denials.
We ensure accurate confirmation of patients' coverage, eligibility, and benefits, enhancing steady cash flow and minimizing risk of denials.
We help you confirm the patient's insurance coverage, eligibility, and benefits to increase the chances of steady cash flow and avoid denials.
Receive regular reports and audits to track revenue cycle performance, enabling informed, strategic decisions for practice's growth.
