Revenue Cycle Management Services in New Jersey
Best Revenue Cycle Management Services in NJ
At Akshar MediSolutions, we provide the best Revenue Cycle Management (RCM) services in New Jersey, designed to streamline your healthcare practice’s financial operations. With a focus on maximizing revenue and minimizing delays, our expert team helps healthcare providers—from solo practitioners to large healthcare facilities—optimize their billing processes and enhance cash flow.
- Days in A/R below 25
- Up to 50% cost savings
- 99% clearing house pass-through
Our Current Service Portfolio
Akshar MediSolutions provides the following critical services, among others, to provide an efficient revenue cycle solution to our clients.
Eligibility Verification
Prior to service being rendered by the provider, we verify the patient’s current insurance eligibility, update the patient’s account with current insurance eligibility status, and red flag any issues.
Benefits Verification
Prior to service being rendered by the provider, we verify patient benefits and deductible balances in the patient’s account.
Authorization
We initiate and aggressively follow-up on pre-authorizations with payers wherever required to ensure that clients can deliver their services to patients without fear of non-payment.
Charge Posting
We follow a rigorous process of scrubbing claims during the charge posting process oriented towards maximizing first-time payments from insurers and minimizing denials.
Payment Posting
Insurance payments are posted to patient accounts from the EOB. All payments received will be posted within 24 hrs.
Denials Management
All denied claims are analyzed, corrected, and re-submitted within two working days upon receipt of the EOBs.
A/R Management
Our Accounts Receivable team compares expected and actual collections, understands the cause for discrepancies, and takes corrective measures to recover the difference.
Patient Enrollment
We can guide practices in enrolling both underinsured and uninsured patients to foundation and PAP support programs.
Demographics Verification
We can enter new patient demographics into the EMR and PMS system with checkpoints that verify all data is complete and accurate.
Claims Management
All claims will be generated and filed either electronically or via paper as per payer standards. The acknowledgement of receipt of the claims by the insurer is checked to prevent any loss of claims.
Reporting
We can provide customized performance reports based on our client’s needs.
Credentialing
We have staff specializing in healthcare insurance enrollment & credentialing.
Software Transition Support
We can support your practice transition rollover with support in transitioning patient data from physical charts into the EMR system quickly and efficiently.
Revenue Recovery
Auditing / Compliance, Medical Billing Analysis, Coding Analysis, Collection Analysis
Softwares We are Familiar With
Call Us Today & Talk to an Expert
Join Akshar MediSolutions to get full, cost-effective healthcare RCM services that are designed to increase profits, make staff more productive, and make it easier for doctors and patients to work together.
Why Choose Akshar MedSolutions?
At Akshar MediSolutions, our team consists of certified professionals with expertise in business consulting, information technology, and medical billing. With over a decade of experience, our leadership has partnered with hospitals, clinics, labs, and individual doctors, helping them optimize their operations.
- We are a trusted name in the healthcare industry, known for our deep knowledge and resources that help reduce claim denials and improve revenue cycles.
- As the leading provider of HIPAA-compliant medical billing services, we offer a comprehensive suite of free, cloud-based solutions, including EHR, RCM, and practice management tools.
- Our commitment to accuracy and quality has helped us build hundreds of successful partnerships with healthcare facilities, ensuring smooth operations and improved financial outcomes.
- Additionally, our IT team is available 24/7 to provide technical support and expert guidance, boosting cash flow and enhancing employee productivity across your practice.
10+ Years of Experience
Certified Coding Experts
HIPAA-Compliant Services
Patient Support
98% Clean Claims Rate
Experienced A/R Experts