Revenue Cycle Management

Revenue Cycle Assurance

A Division of Collect Rx

Revenue Cycle Assurance is a division of Collect Rx, specializing in comprehensive Revenue Cycle Management Solutions. We drive the manual work and human error out of the revenue cycle process so we can focus on resolving the exceptions to your revenue cycle, and improving the overall financial health of your organization. We provide healthcare organizations with the services, tools and guidance to assure they are doing everything possible in revenue cycle to optimize their collections.

RCA is dedicated to ensuring healthcare providers feel empowered to make informed decisions and improve their operations by turning information into action. We are your healthcare organization’s true partner in Revenue Cycle Management.

Fill out this form to get help with Revenue Cycle Assurance services!

If you are a current customer, email help@collectrx.com

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More than Outsourced Billing

Don't Just Bill & Collect. Analyze & Optimize.

Technology & Automation

Through our automation, we can eliminate human mistakes, identify opportunities for increase revenue, and ensure you are getting the highest quality results for your specific needs.

Hiring, Staffing & Compliance

Between staffing shortages, finding qualified specialty professionals, to managing a remote workforce, we’ve heard it all. Leave the headache to us to ensure you stress less knowing your team is working hard, thoroughly trained, and compliant.

Improving the Bottom Line

Improving time to cash and reducing cost through reduction of denials, bad debt, and waste all while increasing profitability sounds impossible right? Not with Collect Rx. It just makes fiscal sense to partner with us.

Transparency

Ever wondered exactly what your billing company is doing with your receivable? With Collect Rx, you can monitor your revenue cycle with full transparency, and have confidence that you have a partner who is readily available to answer any and all of your questions.

Strategic Management Partner

We have a full staff of industry experts dedicated to ensuring you have a true partner in Revenue Cycle Management. We don’t just bill & collect. From understanding claim profitability, navigating complex payor rules, keeping abreast of everchanging reimbursement methodologies, and analyzing denial and delay trends impacting your practice, we help you navigate all facets of the revenue cycle.

Right Claim. Right Touch. Right Time.

Revenue cycle is a tedious but necessary process in healthcare, especially when dealing with hundreds, if not thousands of claims. PM systems are great at billing out claims, but you need an integrated workflow tool in order to effectively manage the process & collections of claims. We deliver confidence and certainty in the performance of your revenue cycle with technology, automation, and strategic management.

CODING

Accurate and timely coding is a vital early step in the Revenue Cycle process. Our highly trained, experienced coding professionals ensure all claims we bill are coded according to industry and specialty standards. Our team includes specialty coders who are specifically trained in some of the most complex coding in our market. Since our coders are certified, you can rest assured they not only are proficient in what they do, but they are up to date on the latest procedures & guidelines through their Continuing Educational Requirements.

BILLING

Ensuring payers receive accurate claims in a timely manner for all of the services you provide improves the time to collect and your bottom line. Our technology monitors claims to ensure that all services rendered have claims created, that those claims are accurate, and that they are received by the payer.

REPORTING & ANALYSIS

CRx provides a wide range of reporting that dives into the performance of our client’s revenue cycle, as well as case-level activity. In addition, we analyze receivable performance to find areas for opportunity throughout our client’s revenue cycle. On top of all of that, our data and analytics team can customize reports to fit individual client needs.

AR MANAGEMENT

Automation is key to reducing time to cash, monitoring aging, and ensuring you work the 'right touch, right claim, at the right time' our industry-leading workflow technology leaves no stone unturned ensuring all claims get the attention they need to be properly adjudicated by the payer. With this much information, CRx tells the story of a receivable, unlike traditional billing vendors. We provide data for the root causes impacting the bottom line, so our clients have all of the information necessary to make informed decisions regarding their organization to maximize their collection rates.

Ready to Optimize Your Workflow?

Operating as a steward of your financial success, we are committed to meeting and exceeding your revenue cycle management expectations. Click the button below to schedule a call with us for a free consultation, or to email us for more information!

A Wakefield company