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Everything that you require for your
Revenue Cycle Management in Medical Billing is here

Seamless Convenience, Technological Integration and more Revenue Generation for your Practice

At GreenSense Billing, we take care of all your Medical Revenue Cycle Management Services to make your practice more productive than ever before.
If your revenue generation is in distress or you simply want to meet with the ever-increasing complex reimbursement and regulatory challenges, then GreenSense Billing will sharpen your focus with operational excellence, utilizing smarter medical billing processes with integrated technology, which provide end-to-end Revenue Cycle Management Medical Billing Services at your fingertips.

Every healthcare provider needs to understand the importance of the financial aspects related to medical billing. This requires a combined approach from physicians, administrators and front office staff.

Today’s modern practices cannot lead improved revenue cycle management processes and medical billing together if they do not include the primary and core processes such as:

Patient Scheduling

Collecting patient demographical information, reviewing and verifying insurance coverage, obtaining prior authorizations, conducting eligibility verifications and approvals.

Patient Scheduling

Collecting patient demographical information, reviewing and verifying insurance coverage, obtaining prior authorizations, conducting eligibility verifications and approvals.

Collections and Documentation

Collecting documentation, co-payments, deductibles and assigning diagnostics and CPT/HCPCS codes

Collections and Documentation

Collecting documentation, co-payments, deductibles and assigning diagnostics and CPT/HCPCS codes

Follow-Ups

Collecting additional fees, setting up follow-up appointment visits, entering changes into the EHR or entering charges into the practice management software

Follow-Ups

Collecting additional fees, setting up follow-up appointment visits, entering changes into the EHR or entering charges into the practice management software

Claim Submission Process

Submitting and resolving claims through practice management software by scrubbing or transmitting claims to payers through a clearinghouse and creating patient statements

Claim Submission Process

Submitting and resolving claims through practice management software by scrubbing or transmitting claims to payers through a clearinghouse and creating patient statements

Posting Payments

Receiving EFT (Electronic Funds Transfer) requests, posting payments manually, and reviewing EOBs (Explanations of Benefits) for accuracy

Posting Payments

Receiving EFT (Electronic Funds Transfer) requests, posting payments manually, and reviewing EOBs (Explanations of Benefits) for accuracy

A/R Management

Reviewing insurance or third-party accounts, along with patient accounts. Payment posting, reviewing and recording adjustments and write-offs, refunds, payment follow-ups, as well as denials and slow pays

A/R Management

Reviewing insurance or third-party accounts, along with patient accounts. Payment posting, reviewing and recording adjustments and write-offs, refunds, payment follow-ups, as well as denials and slow pays.

Financial Reports and Analytics

Reviewing financial progress and analytics related to your practice. Reviewing account receivables and monthly financial reports and performance

Financial Reports and Analytics

Reviewing financial progress and analytics related to your practice. Reviewing account receivables and monthly financial reports and performance

Revenue Cycle Management (RCM) Medical Billing is the Heart and Soul of any Medical Practice

Our Integrated Revenue Cycle Management Processes are combined with front office tasks, clinical notes, patient engagement solutions and medical billing solutions. GreenSense Billing offers convenience and control over the financial aspects of your practice so you can work smarter, save time, focus on your patients while generating more revenue

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Importance of GreenSense Billing Revenue Cycle Management (RCM) Medical Billing to Healthcare Providers

GreenSense Billing provides Revenue Cycle Management (RCM) Medical Billing Services to healthcare providers and practice owners. The revenue cycle management process in medical billing is a financial process that uses intelligent medical billing software for patient monitoring in all aspects of financial billing.Revenue Cycle Management process in medical billing begin as soon as you register a patient and end when the final bill is paid.

Medical revenue cycle management services involve complex processes. It follows in a process order as mentioned below:

1 - Patient Registration

Ensuring patient eligibility and valid insurance coverage before appointment scheduling or during patient registration

2 - Collection of Co-Payments and reviewing financial balance

Collecting co-payments from the patient at the time of service including amount not covered by insurance

3 - Medical Record Documentation

Reviewing or updating patient’s medical records and any kind of documentation for verification eligibility

4 - Claims Submision

Creating claims related to treatment for medical billing, validating and submitting the claims electronically, either to the insurance payer or to a clearinghouse

5 -Reviewing, Validating and Correcting Submitted Claims

Reviewing all claims and determining whether they need to be corrected or resubmitted. This also includes reviewing all the necessary documentation.

6 - Follow-Ups

Following up with the insurance payer on submitted claims, verifying if the claim was accepted or rejected. Crosschecking and updating status with clearinghouse

7 -Rejection Processing

Further processes are done to resubmit the claims by rectifying the errors and resolving them

8 - Creating Patient Statements Or Payment Posting

Sending an electronic bill to the patient which includes his/her demographic details, owed amount, date of the procedure and transaction descriptions

9 - Collecting Payments

Collecting payments from the patients either by mobile or online payments

10 - Payment Appeals

If a payment is not collected during a patients visit then reminders are sent to the patient for payment

11 - Data Analytics

Review and covert financial data analytics into meaningful data and insights. This shows the practice’s performance in terms of revenue generation and how to improve financial operations in terms of collections, A/R management and claims processing and resolution.

GreenSense Billing can help you with your patient collection services, practice management revenue cycle, revenue cycle billing, revenue cycle analysis, customized financial reports for your practice and much more.

This is how the revenue cycle management process in medical billing works. In revenue cycle management, optimal functionality always depends on the type of the medical billing software. No matter if it’s being used by a hospital or private practice. GreenSense Billings provides top-of-the-line medical billing software with full-service revenue cycle management, as well as financial tasks revenue cycle billing.

It is important for your practice that your medical revenue cycle management services are free from errors. If there are any errors, within your medical billing, it causes delays in your revenue cycle management process. The further the error travels, it also costs you time and money.

GreenSense Billing ensures that you receive full reimbursement for your services as quickly as possible.

GreenSense Billing has adapted to the modern and sophisticated needs of the complex revenue cycle management (RCM) medical billing processes

With powerful financial data analytics and insights generated from our medical billing software, GreenSense Billing provides customized reporting of all revenue generation data, information management of your practice and key performance metrics for improvement. Providing a better understanding of your practice’s financial performance in a single glance.

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Most, healthcare practices do not understand the complexity of revenue cycle management in medical billing. Some practices may also face errors such as coding flaws, inaccurate capture of patient information, lower patient engagement and other financial aspects of revenue cycle management.

GreenSense Billing ensures that all your revenue cycle management processes flow smoothly and flawlessly, thus leaving no room for errors. GreenSense Billing has more than 20 years’ experience in managing Revenue Cycle Management services for its clients’ through their state of the art medical billing software.

Offering better patient financial statement records, smart dashboards with key metrics, financial reporting and benchmarking software tools to help your practice succeed.

Our Managed Billing Offers Full Suite of Features Includes:

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