A Comprehensive Solution for
Automated Revenue Cycle Management (RCM) with Cooey Health
How RCM with Cooey Health Works
Patient Registration and Verification
Charge Capture and Coding
Claims Submission and
Management
Payment Posting
Accounts Receivable Management
Patient Billing and Collections
Reporting and Analytics
For your practice
Benefits of RCM with Cooey Health
1. Improved Financial Outcomes
Maximized Revenue: Accurate coding and efficient claims management ensure maximum reimbursement for services provided.
Reduced Denials: Real-time insurance verification and thorough claims management minimize claim denials and delays.
2. Enhanced Practice Efficiency
Streamlined Processes: Automated billing, coding, and claims submission processes reduce administrative tasks and free up staff to focus on patient care.
Efficient Resource Allocation: By handling financial tasks efficiently, your practice can allocate resources more effectively to other critical areas.
3. Cost-Effectiveness
Lower Administrative Costs: Reducing administrative burdens and minimizing errors decrease overall operational costs.
Optimized Cash Flow: Efficient claims management and timely collections improve cash flow, ensuring financial stability for your practice.
4. Data-Driven Decisions
Financial Insights: Access to comprehensive financial data allows for informed decision-making and strategic planning.
Performance Monitoring: Detailed reporting helps track performance metrics, identify trends, and optimize revenue cycle processes.
5. Patient Satisfaction
Clear Communication: Transparent billing processes and clear patient statements enhance patient understanding and satisfaction.
Convenient Payment Options: Offering flexible payment plans and easy payment methods improves the patient payment experience.