AR System
Real revenue is the nuts and bolts that keep the laboratory, pathology, and genetics operations in the black. A billing and accounts receivable system is much more than numbers. An advanced and versatile billing and accounts receivable information system, such as RCM's A/R module is essential to getting—and keeping—that competitive edge.
RCM's A/R application is among the most flexible and advanced accounts receivable products for the laboratory, pathology, and genetics environment. Developed specifically for billing and accounts receivable management in laboratories, universities academic medical institutions, and hospitals, the RCM A/R application provides practical solutions unique to this environment. Its many features decrease lost revenue and assist in competitive marketing. Full compatibility and integration with your laboratory, pathology, or genetics information system provides accurate status reports, medical necessity checking, and accurate billing.
Users of the RCM A/R application appreciate features and benefits that include the following:
- Automated medical necessity checking that helps ensure that the appropriate diagnosis is associated with the correct CPT based on defined LCD/NCD guidelines
- Unlimited, multi-tiered fee schedules with carve-outs to satisfy the most complex contract agreements
- A robust information management system that supports multisite facilities with specific revenue tracking (e.g., merges, consolidations, and performance evaluations)
- A claim scrubber that ensures clean claim edits applied to all charges prior to transmitting for billing
- A robust accounts receivable information system that provides the ability to make automatic adjustments (contractual adjustments based on allowable, small balance write-offs, etc.)
- A standard reports database that provides numerous management and data analysis reports (a report writing tool that enables users to design their own queries and reports is also available)
