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Infinitercm is a US-based corporation that provides medical billing and transcription services to the medical community across the United States and Canada.
Effective Denial Management Solutions for Optimizing ReimbursementWe offer expert denial management services to maximize your healthcare revenue. Our experts streamline your Billing Process.
InfinitercmInfiniteRCM provides you with cutting-edge revenue cycle management solutions. Our experienced team helps you to simplify and optimize denial management. We leverage advanced technology and skills to identify the causes of denials, prevent them, and re-appeal them. Our experts ensure maximum revenue recovery and healthy financial performance. We aim to handle all the errors and legalities so that healthcare providers focus on exceptional patient care.
Why is denial management important for healthcare providers? It is a vital process for healthcare sectors. It has a direct link to financial health and revenue generation. Revenue management directly impacts the stability and the ability to deliver quality patient care. Without effective denial management, there is a significant amount of revenue loss. It leads to compromised patient health and jeopardizes patient care. We help you to keep the balance between revenue cycle and denial management. 90% of all claims denials are easy to resolve. Most claims denials are a direct result of staff oversight. Our team is equipped with the best medical coding and billing professionals, hand-picked for their expertise in the domain. InfiniteRCM helps you to;
We are here for your denial solutions. Denial Management Services Provided by InfiniteRCM include:
Our team develops and implements strategies to prevent denials, and enhance improvements and compliance checks.
InfiniteRCM Solutions regularly follows the status of appeals and resubmitted claims.
We enhance the quality and accuracy of documentation to reduce the denials.
Our experienced team provides training for staff on best practices and common issues to reduce the occurrence of denials.
10 Steps that we follow for Denial Management at InfiniteRCM include:
We identify denied claims through automated systems and manual reviews.
Next we examine each denial to determine the specific reason and categorize by type.
Our team then investigates underlying issues causing the denial to prevent future occurrences.
Check all related documentation for accuracy and completeness.
Our experienced team corrects the identified errors in the initial denied claim.
We gather accurate and important information and supporting documents to prepare an attractive appeal.
After these steps, we submit the appeal to the appeal within the required time.
Our experts monitor the resolution process to ensure timely and desirable outcomes.
Lastly, we implement process improvements and preventive measures to reduce the chances of future denials.
Finally, we generate reports to analyze denial trends, success rates of appeals, and identify areas for improvement.
We are offering you the best ways to manage denials. Our services help you to secure a claim, maximize revenue, and improve patient care. By outsourcing our services you will get the following benefits:
Here are the names of the advantages of outsourcing denial management services to InfiniteRCM
Maximizing revenue and optimizing the revenue cycle is the ultimate aim of InfiniteRCM's denial management services. We reduce the rates of denial, raise claim recovery rates, enhance productivity, and offer proactive solutions to stop denials in the future. We want to improve efficiency in operations and free up our clients to concentrate on providing excellent patient care.
Choosing InfiniteRCM provides numerous benefits for your practice. We achieve a 72% decrease in denial rates and a 72% improvement in productivity. Our services also reduce operational costs by 45%, lower aged accounts receivable by 36%, and cut DNFB accounts by 32%. Additionally, we help you reach a 98% net collections rate, ensuring maximum revenue and efficiency.
Frequently Asked QuestionsWe analyze denials thoroughly, identify root causes and implement effective appeal strategies to ensure maximum recovery.
Our expertise, proactive approach, and advanced technology enable us to achieve higher success rates in resolving denials.
Through meticulous analysis, process improvements, and preventive measures, we work to minimize the occurrence of denials.
Increased revenue, improved efficiency, reduced administrative burden, and enhanced focus on patient care are some of the key benefits.
We provide comprehensive reporting and regular updates, ensuring transparency in our processes and accountability for results.
NO Setup Fees ⏐ NO Long-Term Contacts ⏐ NO Strings Attached
