Increase Patient Payments, Reduce Costs, and Improve Cash Flow

Patient payments are an increasing portion of a physician practice's revenue stream. As this revenue stream shifts, guaranteed payments from payers are reduced and bad debt from patient liability increases. According to industry benchmarks, in many practices over 50% of patient liability collected after the point of care is written off.

The solution: RealAssure. With RealAssure, physician practices can significantly reduce the burden of patient bad debt and administrative costs. It makes the entire patient collection process easier to manage and payments easier to collect. Using this product is simple:

Step 1: After a patient visit, RealAssure determines the estimated
patient liability.
Step 2: Patient reviews printed liability estimate.
Step 3: Practice obtains payment information and an authorization to pay up to the maximum shown in the estimate.
Step 4: After receipt of the official remittance, collect the actual patient liability from the authorized account.
Step 5: Payment is directed to practice's bank account.

For more information, click here.

Reduce Back-End Denials, Speed Collections and Maximize Revenue

In today's world of healthcare business operations, medical practices are required to rapidly and continually adapt to increasingly complex and cumbersome requirements for exchange of data with payers.

RealMed's RealClean Advanced Claims Editing package is a comprehensive authoring solution that enables physicians and healthcare providers to quickly respond to changing healthcare industry rules. RealClean gives practices the ability to customize and maintain their own business rules without the need for highly technical and specialized resources.

With RealClean, the practice's unique editing situations are addressed through a set of wizard-like screens. RealClean handles the most complex editing needs in an efficient, user-friendly fashion.

RealClean is the only solution that is fully integrated into your clearinghouse workflow.

For more information, click here.