Revenue Cycle Solutions
Accelerate Operational Efficiency
In today's complex and dynamic business landscape, managing the revenue cycle efficiently is paramount for sustainable growth and success. Teleios Consulting Group offers a revenue cycle solutions framework that is designed to streamline and optimize billing and collections.
Outsourcing revenue cycle management to a trusted partner will allow you to focus on core competencies while experiencing benefits such as improved cash flow, reduced operational costs, and enhanced compliance.
Let us help you. By harnessing industry best practices and specialized expertise, we offer a tailored approach to address the unique challenges you face.
Insurance Verification and Authorization
Timely insurance verifications and authorizations reduce denials and rejections and ensures that providers receive timely reimbursement for services, thereby improving cash flow.
EMR Utilization
EMR utilization enhances coding accuracy, improves chart capture charges, enables automated claims submissions processes, ensures revenue integrity and provides valuable data for driving improvements.
Electronic Payer Enrollments
Electronic payer enrollment streamlines the process of enrolling with new insurance payers or updating existing enrollment information eliminating a manual submission process, reduces delayed payments, claim rejections, and allows organizations to stay compliant with payer requirements and regulatory standards.
File NOE and NOTR
Timely filings of Notice of Elections (NOEs) and Notice of Terminations (NOTRs) ensure compliance with regulatory requirements and contractual obligations, ensure timely enrollment in Medicare or insurance plans, and allow for reimbursement for services provided.
Bill and Collect for Payers
Medicare, Medicaid, Commercial and Private Insurance Payers
Timely billing and collections for multiple reimbursement sources ensures that providers receive reimbursement for services rendered to a diverse patient population and ensures financial sustainability.
Management of Claim Denials
Effective claim denial management aides in rectifying denied claims timely maximizing revenue capture and reducing revenue loss.
Regular Reporting
Regular reporting in the revenue cycle process allows for the identification of trends, areas for improvement, the effective management of cash flow, and actionable insights to support data-driven decision making.