Providing Solutions for Independent Physician Groups
Full Revenue Cycle Management, along with Data-Driven Analytics Dashboards, Provide Physicians with Solutions to Maximize Profitability and Streamline Operations
You’ve seen how the financial performance of private independent medical groups can quickly deteriorate - forcing a distressing, sometimes career ending, decision to sell-out to a competitor or be absorbed by a hospital. Especially in the face of the rapid-fire changes roiling healthcare today, you need to flawlessly execute a robust business model if you plan on keeping your Emergency Department (ED) practice independent. But, you’re a clinical expert: your first priority is providing quality-of-care. The financial health of your practice is critical to your ability to provide excellent care.
Revenue Cycle Management Services:
Outsourcing RCM workflow to a third party manager means you get to focus on what you do best: treating patients. As a physician-owned company, we understand the constant push to balance internal financial benchmarks with quality of care. ConsensioHealth handles the RCM process, smoothly managing a carefully designed accounting system to promote a positive patient-first culture.
The ConsensioHealth Revenue Management Cycle Workflow
Claims and denials management, billing & collections, medical coding and accounting for service every step of the way is everything we do:
- Charge Capture
- Charge Coding
- Charge Posting
- Claim Generation
- Claim Submission
- Payment Posting
- Denial Management
- Follow-Up & Appeals
- Patient Billing & Collections
- Wisconsin-based Patient Call Center
- A/R Resolution
For a peek behind the curtain, view our revenue cycle management flowchart.
ConsensioHealth focuses on the business management side of your independent practice – so you can focus on the clinical side.
We've assembled an integrated suite of services combining back-office support, best practices for physician solutions, and practice intelligence software to help you keep your emergency or urgent care practice healthy and independent.
Healthcare Analytics Software for Clear Data Visualization
Outsourcing to third party RCM vendors doesn’t mean you’re left in the dark on your firm’s performance. We handle the predictive research and data crunching to smoothen your work flow behind the scenes—and you can view results in real-time with our healthcare data analytics program SensER.
Some of the benefits and advantages of SensER RCM modeling software include:
- Simply view practice charges
- Quickly analyze payer performance
- Easily report levels of service
- Effortlessly detect anomalies
- Efficient health information management
Built by physicians and industry experts, SensER offers a fully integrated data modeling solution to provide a real-time breakdown. Gain an edge in the competitive landscape with access to decades of collective experience identifying and isolating problems within medical revenue management cycles with SensER healthcare analytics software.
As a physician-owned company, we know what it takes to get the business side of your emergency and urgent care practices right:
- Expert advice from seasoned healthcare professionals to help you hone your physician group's process for the delivery of high quality patient services.
- Advanced data analytics and reporting to help you identify opportunities for process improvements in your clinical practice.
- Billing, coding, contract management, and a host of other revenue cycle and back office support services to optimize your medical group's financial stability and capacity for growth.
With the direction healthcare is heading, you'll have a hard time staying in private practice without a profound understanding of the business side of emergency and urgent care medicine. Let us take the worry out of your day - we'll focus on managing the business side so you can focus on what you went to school for - Practicing Medicine!