revMD - Your Revenue Assurance Staff
revMD is your personal revenue assurance expert with 25 years of experience in revenue practice management. Always just a click away, revMD provides industry-leading coding, billing and collections previously unavailable to most practices. We are passionate about ensuring you receive every dollar you’re due. And with 100% transparency and accessibility, you’ll never have to wonder. It’s about time you had excellence working for you. After all, you’ve earned it.
MISSION
revMD will partner with physicians to build profitable practices by clearly demonstrating a passion to recover all applicable fees to optimize collections while maintaining a rigorous focus on legal compliance and changing coding and collections regulations. We will provide the convenience of a billing and collections department down the hall with in-house levels of control while simultaneously providing the accountability of expert professionals responding instantly to the needs of our client practices with scalable resources.
CULTURE
revMD employees will treat one another like family, working together as stewards to create a nurturing environment that builds lasting personal and professional relationships. Our culture will be leveraged for the pursuit of performance excellence in coding and collections. Individual integrity will be a common bond among all revMD stakeholders. We will be the guiding influence that helps our clients achieve their mission of resource recovery by increasing their quality of life and the amount of time spent with their patients. Together as a team revMD will communicate our value to each client—each day by our deeds and true passion for what’s best for our clients’ individual practices.
VISION
revMD will become a medical practice’s best alternative for integrating financial operations and facilitating changing environmental conditions. revMD will offer best of class transparent and scalable coding, billing and collections processes that optimize practice revenues with guaranteed results. revMD will be the leading industry specialist with whom the best industry personnel and medical practices desire to work. revMD will strive to be known first for performance excellence with proven results by leveraging new technology, specialty experiences and innovative integrity-based methods.
MedRev Index
http://revmd.com/medrev-index/
Revenue is the lifeblood of any medical practice. It’s difficult to get a clear picture of your revenue cycle management performance amidst the challenges clouding its true potential. Now the MedRev Index provides an easy, effective metric for you and your medical practice. Customized according to your geography and specialty, the MedRev Index generates a meta average for your specific practice and discipline. This algorithm-driven index serves as a benchmark that drives revenue optimization, beginning with a revenue performance comparison with others in your specialty. And this advanced diagnostic tool only takes moments to use.
Assured Return
http://revmd.com/services/assured-return/
revMD is passionate about offering physicians a better value and no-risk method of revenue cycle management. That’s why we offer pricing that’s a win-win for your medical practice’s coding, billing and collections. Unique in the industry, Assured Return ensures you come out ahead by choosing revMD. When the practice of medicine merges with the business of healthcare, your bottom line increases. Here’s how it works: As our industry leading methodology generates increasing returns, you pay the percentage that aligns with that bottom line gain. Simply stated, you only pay less if you receive less. You pay more if you get more. If we perform only as well as your previous partner, you pay less, just 6% (instead of the 7%). If, by some chance, we generate less revenue for you than your previous partner, you pay an even a lower percentage than 6%.
Revenue Bridge
http://revmd.com/services/revenue-bridge/
If you’ve considered transitioning to best of class revenue cycle management, but the risk of collecting current receivables seems like a high price to pay, then Revenue Bridge was created specifically for you. Now, revMD’s Revenue Bridge provides the solution. Revenue Bridge eliminates the risk to your cash flow by guaranteeing immediate payment on existing receivables at a pre-agreed upon rate. This enables you to cross over to superior revenue management sooner versus later with full cash flow confidence. revMD offers 100 percent assurance of complete revenue cycle management during the critical interim transition period. It’s easy to start again with best practices in coding, billing and collections when you transfer to revMD.
RCM Console
http://revmd.com/services/rcm-console/
How is your practice’s revenue performing right now? With revMD’s Revenue Cycle Management (RCM) Console, you never have to wait to find out. Our RCM Console puts you in control of the information. Track every single coding, billing and collections item in process. Obtain regular reports with the most current data on revenue related activities. No more waiting in suspense to find out what’s coming in. The RCM Console populates automatically, providing on-going 24/7 access to all your revenue performance information. Our reporting wizard makes it possible to customize reports, schedule them daily, weekly, monthly and track results on demand. Access them on your cell phone, in your office or at home, wherever it is most convenient. Have the more important ones pushed to your inbox.
