Services
Revenue Cycle Management (RCM)
Optimize your revenue cycle with OceanStack
At OceanStack, we offer comprehensive revenue cycle management (RCM) services to streamline your practice’s financial operations and efficiency. Our expert team leverages advanced technology and industry best practices to optimize your revenue cycle, improve cash flow, increase operational efficiency, and enhance patient satisfaction.
Our RCM services encompass:
- Patient Registration: Accurate and efficient patient registration and demographic data collection
- Insurance Verification: Timely and proactive verification of patient insurance eligibility and benefits
- Charge Capture: Comprehensive and accurate capture of charges for all services rendered
- Coding and Billing: Precise coding and timely submission of clean claims to payers
- Payment Posting: Prompt and accurate posting of payments and adjustments
- Denial Management: Effective management of denied claims, including appeals and resubmissions
- Follow-up: Diligent follow-up on outstanding claims to accelerate payment processing
- Account Receivable Management: Efficient management of accounts receivable to minimize outstanding balances
- Reporting and Analytics: Detailed reporting and analytics to monitor key performance indicators (KPIs) and identify areas for improvement
Benefits of our comprehensive RCM suite of services:
- Increased Revenue: Improved claim accuracy and timely submission lead to higher revenue
- Reduced Administrative Burden: Streamlined processes and automated workflows free up your staff to focus on patient care
- Enhanced Cash Flow: Accelerated payment cycles and reduced denials improve cash flow
- Improved Patient Satisfaction: Efficient billing and payment processes contribute to a positive patient experience
- Enhanced Compliance: Adherence to all relevant and applicable regulatory requirements, such as HIPAA, reduces compliance risks
Partner with OceanStack for a healthier financial future
By entrusting your revenue cycle management to OceanStack, you can optimize your financial performance. Time that you are spending today on managing revenue cycle management-related activities will free up. This will allow you to focus more on delivering exceptional patient care.
OceanStack management has over 50 years of executive management experience in Fortune 20 companies such as Meta, Microsoft, Verizon, IBM, etc. to name a few. They bring rich business and financial management, growth and strategic planning expertise to the table. A dashboard customized to your practice’s focus areas containing financial performance, receivables status, performance efficiency of providers, business improvement areas and growth opportunities will be presented to you on a weekly basis. This dashboard-based regular interaction will help you run your practice more efficiently and implement a data-driven growth strategy.
Our Services
CREDENTIALING
& LICENSING
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
MEDICAL BILLING
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
FRONT OFFICE SUPPORT
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
CODING
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
ANALYTICS & REPORTING
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
REVENUE CYCLE MANAGEMENT
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
DENTAL BILLING
Credentialing is a critical yet time-consuming process for healthcare providers. Without proper credentialing…Read More
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