Revenue cycle management
One team accountable for every step between the visit and the payment
From eligibility checks before the visit to the last dollar collected, GlobalMed runs the whole revenue cycle and reports on it every month.
Sound familiar?
- Billing, coding and follow-up are split across people who don't talk to each other.
- Nobody owns the numbers, so problems surface only when cash drops.
- Eligibility issues turn into denials weeks later.
What's included in revenue cycle management
Eligibility and benefits
Coverage checked before the visit, so patients know what they owe and claims aren't denied for eligibility.
Coding and charge capture
Every billable service coded accurately and captured.
Claims and payments
Submission, posting and underpayment tracking.
Denials and AR
Appeals, payer follow-up and root-cause fixes.
Patient statements
Clear statements and a friendly phone line for billing questions. [CLIENT TO CONFIRM]
Reporting
Collections, denial rate, days in AR and net collection rate every month.
How it works
- 01
Audit and baseline
Our free audit sets the baseline we will be measured against.
- 02
Transition
We take over step by step, so nothing falls through the gap between teams.
- 03
Run
Daily work across the cycle with a named account manager.
- 04
Improve
Monthly reviews target the biggest remaining leaks.
Results we work toward
Targets we agree with you from your audit baseline and report against every month.
Net collection rate target
96%+
Target days in AR
30 days
Target denial rate ceiling
5%
Questions about revenue cycle management
All work on patient accounts happens inside your systems and GlobalMed's HIPAA-compliant environment under a BAA.
See what better revenue cycle management would recover for your practice
Our free audit reviews a sample of your recent claims and shows you the biggest fixes.