Providers successfully reduce Days in Accounts Receivable using iPatientCare Revenue Cycle Management
iPatientCare, a pioneer in cloud-based ambulatory EHR and Revenue Cycle Management services, announced the results of a satisfaction survey conducted of the providers who migrated from subscribing to iPatientCare EHR/PMS to complete Revenue Cycle Management services. Practices observed remarkable drop in rejection ratio and improved cash flow when using iPatientCare RCM value-added services, as per the Survey.
iPatientCare has been extremely successful in growing its user base by offering Revenue Cycle Management services. Most providers appreciated the cost-effective and competitive rate of 3.9% of their monthly collections for getting the benefits of reduced days in A/R, 98% first pass acceptance of claims, 360-degree view of practice revenues through dashboards and reports, enhanced denial resolution and maximized cash flows, in addition to the easy-to-use EHR and numerous integrated and bundled products and services.
“We were looking for a long-term solution to our needs of electronic healthcare and revenue cycle enhancements, and were amazed to learn that iPatientCare provides high quality of revenue cycle management services along with the best technology solution. With as hard as iPatientCare has worked to be on the cutting edge of technology designed for the most effective denial management, we are confident that we made the right choice for the long-term benefit of our practice from the RCM point-of-view,” Timothy S. Wakefield, DC, Chiropractic Health Services, Wisconsin.
“iPatientCare Revenue Cycle Management services free up resources and reduce administrative costs which allow providers focus more on their patients and delivering evidence-based care. We have been able to convert many providers using numerous EHR to iPatientCare EHR because of our ability to provide RCM services to them,” said Chris Kailas, Manager, Revenue Cycle Enhancement Services, iPatientCare.