Revenue Cycle Management Services

Is your practice struggling to manage cash flows because of an inefficient revenue cycle management process? Optimize your processes with our proven RCM solutions. We provide tailored solutions to remove the kinks from your RCM process.

24

Years of Experience

10+

Industry Verticals

5000+

Experienced Professionals

StripRevenue Cycle Management Services

Outsource Revenue Cycle Management Services to the Expert

Invensis is a specialized revenue cycle management service provider with over 24 years of experience. Over the years, we have assisted hospitals, clinics, and physician practices in streamlining their services for better revenue control. Our end-to-end RCM service covers medical coding, billing, records indexing, claims processing, payment posting, denial management, and accounts receivables.

Our team is driven by certified billers, coders, and revenue cycle specialists. We develop kpi-driven workflows and power them with cutting-edge tools and technologies like EHR systems, RCM software, and predictive analytics. This ensures an automated and streamlined process with reduced errors, minimized gaps, and enhanced revenue generation.

As a HIPAA-compliant company, we ensure practices are up-to-date on the latest medical regulations, coding standards, and compliance requirements. This gives you the peace of mind to focus exclusively on healthcare. All these together make us an expert revenue cycle management service provider.

Our Comprehensive Revenue Cycle Management Services

Patient Appointment Scheduling
Schedule appointment
View patient information
Assign the time slot to the doctor
Check doctor’s availability
Check Save no show appointment information availability
Appointment cancellation
Send reminder SMS to patients
Insurance Verification
Insurance Verification
Patient information Collection
Contacting the Insurance Provider
Verification of Benefits
Obtaining Prior Authorization
Documentation and Record Keeping
Updating the Medical Billing system
Medical Coding
ICD-10-CM, ICD-10-PCS , CPT, HCPCS coding
HCC Coding
Risk Adjustment HCC coding
Coding Audits
Medical Billing
Medical Billing Charge Entry Services
Medical Billing Payment Posting Services
Medical Accounts Receivable
Medical Coding Services
Denial Management
Medical Billing Charge Entry
Patient Account Creation
Demographic Detail Entry
Quality Check and Audit
Submission of Scrubbed and Clean Medical Claim to Insurance Payer
 Medical Records Indexing
Medical Records Indexing
Insurance Claims
Medical Insurance ID Cards
Patient Demographics Sheets
Explanation of Benefits (EOBs)
 Payment Posting
Payment Posting
Payment Posting from Explanation of Benefits (EOBs) to Patient Account
Analysis of EOBs for Under-Payment or Over-Payment
Indexing of EOBs to Patient Account
Reconciliation to Match Payment Posting to Actual Deposits
 Medical Claims Processing
Medical Claims Processing
Medical Claim Data Entry
Medical Claim Data Indexing / Extraction and Archiving
Medical Claim Data Validation
Provider and Member Data Maintenance and Cleansing
Denial Management
Denial Management
Denial tracking and analysis
Appeal preparation and submission
Follow-up and escalation with payers
Root cause analysis and process improvement
Training and education for staff and providers
Data analytics and reporting
Medical Credentialing
Provider Credentialing
Group Credentialing
Insurance Credentialing
Provider Enrollment Assistance
Primary Source Verification
Provider Profile Maintenance

Explore Business Specific Revenue Cycle Management Services

Our End-to-End Revenue Cycle
Management Process

Our RCM process consists of well-defined steps to guarantee consistent and reliable cashflow management. These steps include

  • 1

    Patient Registration

    We collect patient demographic details and relevant insurance information.

  • 2

    Medical Coding

    Our coders assign codes to the treatment/procedures undertaken by the patient.

  • 3

    Medical Billing

    Medical billers enter service charges as per the codes assigned.


  • 4

    Quality Review

    Each bill is reviewed for errors and inconsistencies.

  • 5

    Claims Submission

    Submit claims electronically to insurance companies.

  • 6

    Payment Posting

    Record payments received from insurance companies and patients.

  • 7

    Denial Management

    Identify, investigate and take necessary action on claim denials.

  • 8

    Accounts Receivables

    Follow-up on unpaid or underpaid claims with insurance companies and patients.

  • 9

    Reporting

    Generate financial reports on overall revenue performance.

The Invensis Advantage for Revenue Cycle Management Services

Eliminate Billing & Coding Errors
Billing and Coding errors lead to delays in payments or revenue loss. Therefore, we streamline medical coding and ensure no upcoding or down coding. Similarly, we automate the billing process to identify and eliminate errors.
Fully HIPAA Compliant
Adhering to security standards increases the confidentiality of data. Our services are fully HIPPA compliant, and we follow every HIPPA requirement in all our RCM processes. Our clients bank completely on us to stay compliant and updated with HIPAA requirements.
Get On-time Payments
On-time payments can keep your practice finance in the pink of health. We assist you in receiving timely payments, evaluating claims for correctness, and submitting claims on time. Regular follow-ups follow this till you get paid.
Manage Denials Effectively
Manage Denials Effectively
Claims denial drains your revenues and affects profits. We have a well-designed claims denial management process to ensure every denial is scrutinized to understand the reasons, appeal against it if there are grounds for an appeal, and mitigate future denials.
Streamline Accounts Receivables
Managing accounts receivable manually is a time taking process and prone to errors. However, with our global standard practices, holistic approach, customer-friendly follow ups and tech-driven process, we collect outstanding without impacting DOS.
Guaranteed Cash Flow
Guaranteed Cash Flow
Cash flow acceleration is possible through continuously monitoring payments and other transactions. We assist cash flow by focusing on precise coding and billing, timely payments, error-free transactions, and regular follow-ups.

Invensis - The Most Trusted Revenue Cycle Management Outsourcing Company

As an outsourced revenue cycle management company, we have over 24 years of experience delivering healthcare revenue cycle management services to US-based practices. We have assisted our clients with best practices, such as focusing on patients, investing in technology, collecting patients' financial responsibility upfront, implementing charge capture accurately, and filing claims on time. Over the years, we have seamlessly integrated people, processes, and technology to deal with changing legislation and industry needs. As a result, our clients have banked on our services to eliminate waste, promote efficiency and get end-to-end value-based support.

22

Years of
Experience

10+

Industries
Vertical

5000+

Experienced
Professionals

ISO: 9001:2015 Certified Company
ISO: 27001 Certified Company
HIPPA-Complience

35-40

Days in AR

98%

Clean Claim Rate (CCR)

<8%

Denial Benchmark

95%

Net Collection Rate (NCR)

We Provide
Services

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What Our Customers Say

We have been working with Invensis for the past two years, and they have helped us overcome many revenue cycle management challenges. The team often walks the extra mile to ensure that our needs are met.

Christina Sussex
Leading Healthcare Provider in France

Invensis has been our revenue cycle management healthcare outsourcing partner for the past 5 years. They have always delivered on their commitments, whether it is meeting our Service Level Agreement (SLA) or improving our billing process.

Christopher Middleton
Leading Healthcare Company in US

Invensis has been a great partner providing quality medical coding and billing services. The team is extremely responsive to every query we pose, and the turn-around time for deliverables is always as committed.

Chris Lauren
Leading Healthcare Company in US
Revenue Cycle Management (RCM) Best Practices
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Revenue Cycle Management (RCM) Best Practices

To keep your RCM process well-oiled its important to follow the best RCM practices. Learn more about the best practices.

8 Key Ways to Improve Healthcare Revenue Cycle Productivity
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8 Key Ways to Improve Healthcare Revenue Cycle Productivity

The efficiency of your RCM process depends on the practices you implement. Know about the most effective strategies to manage RCM.

CASE STUDY
Invensis Overhauls the RCM Process of a Healthcare Practice to Jack Up Revenue Inflow by 30%

Discover how Invensis revamped a healthcare practice's Revenue Cycle Management, leading to a remarkable 30% surge in revenue inflow.

Invensis Overhauls the RCM Process of a Healthcare Practice to Jack Up Revenue Inflow by 30%
CASE STUDY
Invensis Assists a US Physical Therapy Service Provider Improve Medical Billing Revenue by 35%

Download Invensis Medical Billing & Insurance Claims Case Study on how a US-based physical therapy service provider boosts its efficiency.

A US Physical Therapy Service Provider Transforms Medical Billing Outcomes With Invensis

Contact Information

You can reach us at:

Call us
+1 (302)-261-9036
sales@invensis.net
Locate Us
Invensis Inc. 2785 Rockbrook Dr STE 204 Lewisville, TX 75067

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