Consultancy
How it works?
Physicians nationwide face challenges in finding professionals who can alleviate their administrative burdens, allowing them to focus on delivering quality healthcare. Most physicians prefer specialists to manage the reimbursement process and maximize their revenue. However, they continue to seek reliable experts to handle their revenue cycle management comprehensively.
Medical Consulting Services
Ultra Medical Solutions offers fully customized consulting services to healthcare providers, encompassing program expertise, analytical services, and revenue cycle management, regardless of the size of your operation.
Healthcare is a dynamic industry, continusally transformed by advancements in information technology. With frequent updates to government regulations affecting daily healthcare processes and decisions for patients, physicians, and insurers, it requires an expert to assess and determine their potential impacts at both the micro and macro levels.
Why Do You Require Expert Consultancy Services?
As the healthcare industry endeavors to realign relationships among key stakeholders by addressing gaps and ambiguities, healthcare providers at all levels will require professional support to navigate these transformative changes. Consuming nearly 16% of the national GDP, healthcare is a critical sector for revenue generation optimization. With community hospitals experiencing financial losses and rural healthcare facing unattractive remuneration, there is an urgent need for expert consultation to revitalize the industry.
Moreover, the propensity of payers to deny claims at the slightest opportunity further complicates matters, making professional support essential for proactive revenue cycle management.
At Ultra Medical Solutions, we understand the rapidly evolving healthcare landscape and offer comprehensive solutions to support your strategic, operational, and financial objectives.
Assuring regulatory compliance
At Ultra Medical Solutions, we leverage our extensive experience in the healthcare industry to help you navigate its rapid innovations and prepare for a wide range of healthcare compliance requirements and accreditations.
The evolving landscape of healthcare services has introduced new compliance standards such as HIPAA 5010, ICD-10, PQRI (Physician Quality Reporting Initiative), CPOE (Computerized Physician Order Entry), HIE (Health Information Exchange), and the latest EHR updates. We assist in implementing and integrating these standards into your system with minimal disruption. However, the successful adoption of these standards often requires a knowledgeable and motivational expert in revenue cycle management.
Our consultancy services are supported by billing and coding professionals who are AAPC-certified, experienced, and technologically proficient. They have a proven track record of providing error-free and denial-free services across all medical specialties. These experts continually upgrade their professional knowledge to offer proactive and optimal solutions, ensuring healthy revenue returns for individual physicians, multispecialty groups, hospitals, and diagnostic centers nationwide. With their extensive hands-on experience across various states and up-to-date knowledge of healthcare regulations, they deliver a wealth of value-added services.
Additionally, we focus on establishing interoperability, privacy, data protection, and backup protocols, all of which are crucial for improving patient outcomes and adapting to the industry’s transformation.
How can you optimize your returns with our Revenue Cycle Management Solutions?
Ultra Medical Solutions offers comprehensive assessments of your revenue cycle, identifying deficiencies and recommending targeted improvements. Our revenue cycle management experts employ a multi-faceted analysis to uncover revenue leakages and inefficiencies, focusing on:
- Training needs
- Workforce optimization
- Software inadequacies
- Outdated processes
Common issues such as registration errors, inadequate pre-verification of insurance coverage, and ineffective collection policies for deductibles and co-pays are addressed through our expert evaluations.
Additionally, our in-depth analysis of Accounts Receivable reports, including payer-wise, patient-wise, and service-wise receivables, identifies cash flow blockages that can be swiftly resolved.
We also emphasize the importance of avoiding RAC audits and timely refunds to Medicare in cases of overpayment. Our consultants guide your team in incorporating these technicalities into their daily practices, ensuring compliance and efficiency.
Our experienced revenue cycle management consultants work to boost your revenues, enhance staff performance, and streamline existing processes, ensuring seamless interoperability with new systems. We provide customized consulting services, offering detailed analysis and documentation of all relevant revenue cycle processes, including compliance with HIPAA privacy regulations.
We connect practice managers and physicians to specialized medical billing companies. Our network of billing, coding and credentialing providers are actively seeking practices in their target criteria. Ultra Medical Solutions was founded in 2022 by an experienced internet marketing team.
Services
Copyright © 2024| Powered by ultramedicalsolutions.com