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Medical Billing Consulting Services

Thrive RCM specialists enhance your practice’s cash flow through expedited claims payments and ensure financial stability by swiftly detecting and resolving billing issues that cause payment delays. 
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Thrive RCM Specialists Get You Paid on time

Thrive RCM specialists enhance your practice’s cash flow through expedited claims payments and ensure financial stability by swiftly detecting and resolving billing issues that cause payment delays. Our advanced automated claim processing minimizes administrative burdens, allowing your team to focus on patient care. We prevent revenue leakage by identifying and correcting billing errors, ensuring that you receive every dollar you’ve earned. By ensuring compliance with all regulatory requirements, we protect your practice from potential penalties and audits. 

How do we Streamline your Practice's Revenue? The 8 steps approach

Credentialing and Payer Enrollment

Ensure compliance and eliminate administrative delays with our efficient credentialing services. We handle the complex process of enrollment, verifying credentials with payers to prevent disruptions to your reimbursements.

Patient Registration and Eligibility Verification

Get started on solid footing with accurate patient demographic collection and real-time insurance verification. This ensures claims are submitted correctly from the beginning, reducing denials and delays.

Accurate Medical Coding and Documentation

Coding errors and incomplete documentation can lead to revenue loss. Our certified coders use precise medical coding practices and thorough charge capture to maximize reimbursements while maintaining compliance.

Seamless Billing & Claims Submission

We streamline your billing process by generating error-free claims and submitting them promptly to payers. With our 98% clean claims rate, we minimize rejections and speed up the revenue process.

Payment Posting and Reconciliation

Never lose track of your cash flow. Our team ensures that payments are correctly posted, reconciled with outstanding balances, and aligned with payer contracts to identify any underpayments.

Denial Management and A/R Recovery

Payers don’t always pay on time, and rejected claims can be a costly challenge. We proactively pursue denied or delayed claims, reworking them as necessary, keeping your cash flow continuous. Our high first-pass resolution ratio speaks for itself!

Comprehensive Financial Reporting & Analytics

Turn your data into decisions. Our robust analytics tools provide real-time reports and actionable insights, helping you understand your key financial metrics and identify growth opportunities.

Compliance and Risk Management

Rest easy knowing our services ensure compliance with payer guidelines, regulatory standards, and evolving healthcare policies. We mitigate legal and financial risks, keeping your practice secure.

Why Outsource Your Medical Billing?

Enhance your practice's efficiency and patient care focus by outsourcing medical billing, reducing  tasks and optimizing operations

Saves you time and Costs

Limited staff and resources prevent adequate follow up and follow through with numerous payers.

Puts your focus where it should be

By outsourcing medical billing services, you can free up time and resources to focus on patient care.

Dedicated Billing specialists

Dedicated staff with an average of 5 years experience in medical billing. Proprietary Software, Consistent follow up, and Monthly summary report.

Our Services

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End to End Revenue Cycle Management

Thrive RCM specializes in end-to-end Revenue Cycle Management (RCM), encompassing comprehensive services from patient eligibility verification to claims processing and denial management. Our integrated approach ensures efficient financial operations and maximized reimbursements for healthcare providers.

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Reporting & Analytics

Reporting and analytics are integral to Thrive RCM’s services, offering healthcare providers valuable insights into revenue trends, claim efficiency, and financial performance. We empower informed decision-making and optimize operational strategies for enhanced financial health.

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EDI/ERA Enrollment

Thrive RCM facilitates Electronic Data Interchange (EDI) and Electronic Remittance Advice (ERA) enrollment, streamlining payment processes for healthcare providers. This service ensures efficient financial transactions and enhances transparency in revenue management.

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Patient Billing

Thrive RCM ensures clear and accurate patient billing statements, handling inquiries and providing support to enhance patient satisfaction. Our streamlined approach simplifies billing processes, fostering positive patient experiences and efficient revenue collection.

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EHR Support/Migration

Thrive RCM offers comprehensive Electronic Health Record (EHR) support and migration services, ensuring seamless transitions and optimized EHR utilization for healthcare providers. Our expertise enhances data management efficiency and supports improved patient care outcomes.

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Our standard HBMA benchmarks in KPI metrics reporting

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30-40

Days in Accounts Receivable (A/R)

5%

Days in Accounts Receivable (A/R)

30%

Payer Mix

6%

Percentage of A/R Over 90 Days

25-50%

Days in Accounts Receivable (A/R)

25%

Referral Mix

Why choose us

Benefits of choosing us

Experience seamless revenue cycle management with our expert billing solutions, ensuring maximized reimbursements and reduced administrative burdens. Thrive RCM allows you to focus on patient care while we optimize your practice's financial performance.

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Improved Cash Flow

We identify and fix electronic system integrations to speed up claims processing and payments to enhance your practice’s cash flow.

Reduced Administrative Burdens

Automate claim processing and payments to free up valuable time and resources for your practice.

Avoid Revenue Leakage

Our team of experts Identify and correct errors in billing to prevent any loss of revenue.

Cutting Costs

Lower the expenses associated with hiring and training medical billers and eliminate the need for costly softwares.

Grow Your Practice With Smart Team

Boost Your Practice With an Expert Billing Team

Book a Free Consultation