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# Consulting Revenue Cycle
## Unlock the Full Potential of Your Revenue Cycle
### Comprehensive Analysis for Optimized Financial Performance
Maximizing your revenue cycle efficiency is crucial for sustainable growth and optimal patient care. Our review of your revenue cycle functions goes beyond surface-level assessments, diving deep into every aspect of your financial operations. From the moment a patient checks in to the final resolution of claims, we leave no stone unturned. Our analysis covers critical areas such as data collection accuracy, account receivables assessment, claim denial analysis, and patient demographics review. We review payer selection processes, coding accuracies, and authorization workflows to identify bottlenecks and opportunities for improvement. By reviewing your billing staff’s response times, collection practices, and statement procedures, we provide a 360-degree view of your revenue cycle health. Our approach ensures that you not only understand the current state of your financial operations but also gain actionable insights to drive meaningful improvements.
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## Tailored Recommendations for Sustainable Financial Growth
The Medicus revenue cycle review doesn’t just highlight areas for improvement; it equips you with the tools and strategies needed to achieve financial success. Through analysis of your fees, payment patterns from top payers, and clearinghouse denial reports, we uncover hidden opportunities to boost your bottom line. Our experts delve into the intricacies of your claim filing timelines, denial processing efficiency, and month-end reporting practices to identify quick wins and long-term strategic initiatives. By benchmarking your performance against industry standards and best practices, we provide you with a clear roadmap for optimization. Our tailored recommendations address the unique challenges and opportunities within your organization, ensuring that every suggested improvement aligns with your specific goals and operational context. With our guidance, you’ll be empowered to streamline processes, reduce denials, accelerate cash flow, and ultimately enhance patient satisfaction through a more efficient and transparent financial experience.
## Strengths and Areas for Improvement
In order to fully understand your revenue cycle, you need to identify areas of strength so you know you are going in the right direction and areas that need improvement to avoid payment delays and increase revenue. The best place to start is with an assessment of your current revenue cycle performance. The Medicus review process is designed to uncover both your strengths and weaknesses, providing a clear picture of where you excel and where there’s room for growth. By recognizing your strengths, we can help you leverage these assets to support overall improvements. Simultaneously, identifying areas that need enhancement allows us to develop targeted strategies to address specific challenges, ultimately leading to increased efficiency, reduced payment delays, and improved revenue capture. This balanced approach ensures that our recommendations are not only focused on fixing problems but also on building upon your existing successes for sustainable, long-term financial health.
## What to Expect:
* Medicus puts together a customized proposal based on a best fit for your practice needs.
* Review usually complete within 3 weeks of contract execution and access to billing system and clearinghouse.
* Remote access required for Medicus to your billing system and clearinghouse logins for charge, collection, and rejection analysis.
* Fully remote review process to avoid disruption of patient care.
* Presentation of formal findings report upon review completion.
* Ability to set up a meeting with your team to discuss the results.
* Initial review excludes formal chart review; separate contract available for future chart review if needed.
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## We integrate with any software
## Our Services Include
#### Initial Billing Processes Audit
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We conduct a thorough audit of your billing processes to identify inefficiencies and areas for improvement.
#### Comprehensive Correction Plan
Our experts develop a tailored correction plan to address identified issues and optimize your billing operations.
#### Coding Training and Support
Our training programs enhance your team’s proficiency in medical coding, ensuring accuracy and compliance.
#### Training Best Billing Practices
We offer specialized training to help your staff navigate insurance provider requirements and maximize reimbursement.
#### Consulting
Our consulting services provide continuous support and guidance to help your practice adapt and thrive in a dynamic healthcare environment.
#### Systematic Solutions to Every Challenge
We deliver systematic, customized solutions to address and resolve every challenge your practice faces.
#### Rework Old Accounts Receivable to Collect Lost Billing
Our team reworks old accounts receivable to recover lost billing and improve your financial health.
#### Chart and Practice Reviews
Medicus can arrange quarterly chart reviews for coding and compliance. This improves revenue by identifying coding deficiencies.
#### Electronic Medical Records (EMR)
We assist with the integration and optimization of Electronic Medical Records (EMR) systems to streamline your practice and enhance patient care.
#### Revenue Management Support
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## What Our Clients Are Saying
> My experience with the team was wonderful. They do a great job and relieve you of managing the billing. I highly recommend them to any group struggling with billing issues.
**Peter N. Brieloff DPM, FACFAS, FACFAOM**!
> I have been a client of Medicus for 7 years. I am very pleased with the ongoing support and excellent service of the Medicus Team. It has been a relief to have a partner to handle the business side of medicine.
**Marissa Gonzalez, M.D.**!
> Medicus took over my billing 3 years ago and I have been extremely happy. They are available at all times to discuss a problem. My collections have dramatically improved. I would recommend them to anyone.
**Joe Jacob M.D.**, Buena Vista Urgent Care
## Contact Us Today
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Email Us
**Arkansas**
324 E. Grand Ave
Hot Springs, AR 71901
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# Resources
Resources2024-09-29T02:57:35+00:00
## Comprehensive Medical Billing Resources and Guides for Healthcare Professionals
Welcome to our Resource Center, your hub for valuable information and insights. We’ve gathered a diverse collection of materials to support you in your professional journey. Whether you’re looking for practical guidance, industry perspectives, or quick answers, you’ll find resources here to help you stay informed and make confident decisions.
Our carefully curated sections offer easy access to the information you need. We strive to keep our content relevant and up-to-date, so be sure to check back regularly for new additions. We hope these resources will serve as a useful tool in your ongoing growth and success.
### Billing Guidelines
Essential information for providers
### Insights
Industry knowledge and analysis
### FAQs
Commonly asked questions
# Billing Guidelines
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  #### Evaluation and Management Services FAQs
  View the latest news and updates for evaluation and management services.
  #### Texas Medicaid Provider Procedures Manual
  The information in this handbook is intended for women’s health services providers, Health and Human Services Commission (HHSC) Family Planning Program providers, and Healthy Texas Women (HTW) program providers.
  #### Timely Filing Limit
  Learn about crucial medical claim filing deadlines. Download our Timely Filing Limit Guide to protect your healthcare revenue.
  #### Cognitive Assessment and Care Planning Services Guide
  Alzheimer’s Association Expert Task Force Recommendations and Tools
  for Implementation
# Insights Blog
  ### Shifting the Focus to Denial Prevention
  Tips and Perspectives from our experience Did you know? Over 30% of your claim denials are preventable. Providers do not [...]
  ### Cyndi’s Interview in Leaders Voice USA: Thoughts on Growing a Medical Billing Business
  Cyndi Walker – President, Medicus Billing, and Consulting As President of Medicus Billing and Consulting, Cyndi is passionate about delivering [...]
  ### HBMA Congratulates Medicus Billing and Consulting, Inc. on Compliance Accreditation
  Medicus Billing and Consulting, Inc recognized for its program to protect patient privacy, prevent medical billing fraud, and comply with [...]
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Tips and Perspectives from our experience Did you know? Over [...]
By |2024-08-29T21:11:48+00:00August 29, 2024||
Cyndi Walker – President, Medicus Billing, and Consulting As President [...]
By |2024-08-29T20:33:46+00:00August 29, 2024||
Medicus Billing and Consulting, Inc recognized for its program to [...]
By |2024-10-11T12:56:01+00:00July 22, 2024||
# FAQs
FAQs2024-11-22T20:47:14+00:00
We understand that navigating the complex world of medical billing and revenue cycle management can be challenging. That’s why we’ve compiled this comprehensive list of frequently asked questions to address common inquiries about our services, processes, and the value we bring to healthcare practices. Whether you’re considering partnering with us or simply want to learn more about how we can optimize your practice’s financial performance, you’ll find valuable insights here. If you don’t see your question answered, please don’t hesitate to contact us directly for personalized assistance.
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Medicus offers comprehensive medical billing, revenue cycle management, denial management, coding support, and healthcare consulting services designed to maximize revenue and streamline operations for medical practices.
Medicus typically helps practices achieve a 25-30% increase in revenue through optimized billing processes, efficient revenue cycle management, and expert denial management services.
Medicus serves a wide range of healthcare providers, including individual physicians, group practices, clinics, and specialized medical facilities across various specialties.
RCM is the financial process that healthcare facilities use to track patient care episodes from registration and appointment scheduling to the final payment of a balance. It’s crucial for maintaining financial health and ensuring timely reimbursements.
Medicus offers specialized expertise, advanced technology, and dedicated resources that can often surpass in-house capabilities, resulting in fewer claim denials, reduced days in accounts receivable, and increased collections.
Yes, Medicus can integrate with various EMR systems to ensure seamless operations and data flow between clinical and financial processes.
Denial management involves identifying, addressing, and preventing claim denials. Medicus’ denial management services can help recover lost revenue, improve claim accuracy, and increase overall reimbursements.
Medicus boasts an over 80% recovery rate on all appealed cases, significantly improving practices’ financial outcomes.
Medicus analyzes denial trends, provides detailed reports, and offers actionable insights to improve claim accuracy and prevent future denials across all areas of your practice.
Yes, Medicus provides coding support, training, and auditing services to ensure accurate and compliant medical coding practices.
Medicus stays up-to-date with healthcare regulations and conducts regular audits and reviews to ensure compliance, including quarterly chart reviews for coding and compliance when requested.
While results can vary, many practices see improvements within the first few months, with an average turnaround time of 12-20 days for claims to be processed into cash.
Yes, Medicus provides detailed monthly reports on billing performance, denial trends, and other key financial metrics to help you track improvements and make informed decisions.
Contact Medicus  to assess your current financial performance and identify areas for improvement.
Medicus offers flexible engagement options. Contact us to discuss the best arrangement for your practice’s needs.
# Contact Us
Contact Us2024-11-25T20:47:50+00:00
## Get in Touch with Medicus for Expert Billing Solutions
As experts in improving financial outcomes for medical practices, we can help you with your revenue cycle. To gain from our expertise in medical billing, coding, and accounts receivable management, please fill out the form alongside or email us.
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