Solutions for Every Revenue Cycle Stage in Healthcare
Reventics provides best-in-class post-encounter medical billing and claims management solutions to help improve revenue and compliance outcomes.
The assessment phase includes an audit of claims failing to pass our bill editor software. Based on the results, Reventics RCM program identifies root causes and works with the appropriate teams (e.g., Patient Access, Coding, IT) to implement the required changes to bring KPIs within an acceptable range.
Reventics' RCM and CDI services are focused on ensuring that claims contain complete, accurate data that results in timely, optimal payment. By applying a series of interrelated steps, including patient demographic validation, insurance mapping, and insurer-specific edits applied to diagnosis and procedure codes, we optimize our clients' cash flows.
Reventics provides Account Receivable (AR) management services for physicians or healthcare organizations to significantly improve the timing and amount of collections.
Our team of highly qualified AR professionals will apply tailored approaches to a client's AR taking into account age, insurance type, and dollar threshold to accelerate collections. With our open technology AR management platform, Reventics seamlessly transitions clients' accounts with no cash flow impact.
With the pandemic, our Q3/Q4 volumes fluctuated... Reventics stepped up big time and ensured we finished strong for FY 2019-20.
Reventics' payment posting technology includes manual and electronic remittance payment posting and reconciliation services.