Eminence Revenue Cycle Management for physicians includes patient verification, eligibility verification, prior-authorization, claim billing, payment posting, AR and Denial Management, Physician Billing Service. Eminence help physicians practice efficiently, while increasing their cash flow.

1. The growing importance of physicianpractice management
strategies in your practice

2. Streamlined workflow is not natural. It is earned. With so
much happening in all the departments, it becomes
important to make the most effective use of time and
effort. Streamlining operations is crucial from a patient-
experience point of view which must be hassle-free and
efficient.
Billing is one department whose efficiency makes the
most difference in your practice. Outsourcing to
Physician billing services can make things easier and
much more efficient for you.
What is physician practice management?
It is a management service organization that oversees
your non-clinical tasks, including the financial aspects of
medical billing, ancillary service department, IT,
marketing, and staff management.

3. Why do you need a physician billing service?
It is difficult for a medical person to ensure the
appropriate care to the patient and also perform
administrative tasks as well. Frankly, it is a lot to ask for a
person with little or no experience in front-desk jobs.
Medical billing is a time-consuming job. Time used there
can be utilized to resolve much more salient issues.
You can always hire personnel to handle non-financial
jobs but finding and training him is no less challenging.
There is always a risk of wrongly processed claims. So
why not let experts do it for you?
A good physician billing service will not only handle
the payment but also ensure they are made on time. It is a
cost-effective solution to employ a third party that can
steer and perform effective claim management. Their
work doesn’t end here. These professionals also follow up
on refused claims and pursue troublesome bills.

4. 3. Denials bring more internal friction
Here are some more points to prove how important it is
to have a good physician billing service:
With the timely processed claims, patient satisfaction improves
remarkably
Better and smooth workflow
The cost per patient gets considerably low
Well-organized revenue cycle of healthcare facility
No more overburdened medical staff
Ensure hassle-free dealing with particular payer’s payment
policies
Quick turnaround of claims and rejected claims are followed-
up.

5. Effective management of data as each patient is given
one account along with an assigned representative
Reduced steps in claim submission and billing
Improved accuracy and stress-free working atmosphere
Medical billing and coding have an immense impact on
medical practices, small and big. When handled
accurately, providers are paid on time, and patients have
an understanding of both their costs and financial
responsibility. On the other hand, when not done, both
profit and patient satisfaction bear the cost.
Finance is a lot to keep a track of, and not every
individual is efficient enough to handle it without an
itch. The best solution is to have a medical billing
service like Eminence RCM. While you take the best
care of your patients, let us support you with our billing
expertise.