Revenue Cycle Management

Better Financial Performance for a Healthier Practice

revenue cycle management

As healthcare reform mandates increase patient payment responsibility; providers need to meet demands for more flexible payment options. NTC Healthcare's revenue cycle management solutions help practices to do just that.

Our Solutions Can:

  • Increase Patient Collections up to 200%
  • Accelerate Patient Payments up to 50%
  • Reduce Operational Costs up to 60%
  • Reduce Days in A/R up to 70%

How Will Our Solutions Benefit Your Practice?

  • They allow practices to better manage patient receivables, reduce writeoffs and improve cash flow 
  • They will help significantly reduce administrative costs and time spent verifying insurance eligibility
  • They will greatly simplify the reconciliation  process and give management advanced insight into revenue stream

healthcare paymentsHealthcare Payments:

  • Streamline all healthcare payments in one place
  • Increase collections and reduce write-offs with in-house payment plan program
  • Expedite payments for healthy cash flow with patient portal & patient billing features
  • Minimize the hassel of paper check and trips to the bank with batch eChecks

HIPAA & PCI Compliant ProgramsHIPAA & PCI Compliant Programs:

  • Protect practices from healthcare fraud and HIPAA non-compliance fines
  • Ensure secure transfer of patient info., statements and receipts

eligibilityInsurance Eligibility Verification:

  • Reduces administrative time spent verifying eligibility over the phone and online with batch verification
  • Streamlines verification process by verifying with over 800 Payers from one simple program
  • Reduces bad claims with the ability accurately verifying insurance information days before a patient's visit
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Fully-Customizable Reporting:

  •  Eliminates confusing reports from multiple programs, view all transactions in one place for one or several locations
  • Fully customizable reporting give practices the ability to create specific reports capturing only the data and time frames they are looking for

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heartmonitoricon2If patient payments are not managed correctly, they can cost three to five times more to collect than payer payments due to paper-based, manual processes. These costs are further escalated by rising patient bad debt, which was estimated to have been more than $65 billion in 2010. [McKinsey Quarterly (2010)]”

-InstaMed® Trends in Healthcare Payments Annual-Report 2012

NTC Healthcare

106 Decker Court, Suite 260
Las Colinas, Texas 75062
TF: 877-399-0099
PH: 972-406-8111
Info@NTCTexas.com

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