Revenue Cycle Management
Fox Meadows staffs a team of professionals responsible for executing all the key components of your revenue cycle. With a wide variety of specialty and primary clinics and a client list from coast to coast, our team has experience with all the pitfalls that independent practices face. In order for physician practices to remain independent and in business, cash flow and compliance are critical. Successful adjudication by the insurance companies and optimal patient collections are the keys to success.
Fox Meadows averages a denial rate 47.77% lower than the national average. Our clients see on average a 33.44% decrease in their days in A/R
HOW MANY OF THESE ISSUES APPLY TO YOU?
Solution: Overhead expense reductions and reassigning staff to other revenue generating opportunities are real possibilities. You will no longer have to fight the turnover and recruitment battle. The Fox Meadows RCM team has over 20 years of experience in billing for numerous specialties and maintain an aggressive continuing education schedule to stay on top of the latest rules, guidelines, and trends.
Solution: We will staff your account with the precise amount of resources necessary to work your revenue cycle in its entirety every day. In addition, we will assign an account manager whose sole job is ensure you are receiving maximum reimbursement for the services you perform. Your account manager will analyze billing trends, help improve staff workflows, and alert you to any corrective action needed in a swift and timely manner.
Solution: While the working of A/R is the most time consuming part of the revenue cycle, we focus on getting your claims out clean and paid the first time. However, if we do receive a denied adjudication we will quickly work it to closure.