How to Get Started With Our Revenue Cycle Management Services

Name: Invensis Inc
Address: 1000 N West St #1200, Wilmington, DE, 19801, US
Telephone: +1 (302)-261-9036
Price range: Contact for customized offers

Our clients can get started with our revenue cycle management (RCM) services, which have two distinct yet interconnected stages: pre-boarding and post-boarding. Both these stages play an important role in integrating the client's needs with our delivery process. Let's explore these two stages and how they work together to facilitate a smooth integration of client's needs with our process.

Trusted by 1000+ Companies

Steps to Initiate With Our RCM Services

Here are the steps to initiate RCM services, divided into pre-onboarding and post-onboarding phases:

Revenue Cycle Management Services Pre-Onboarding

Initial Consultation
We initiate by scheduling an initial consultation to understand your requirements and objectives. Our team discusses your current revenue cycle processes to tailor our services to your needs.
Needs Assessment
Next, we conduct a comprehensive needs assessment to identify gaps and opportunities for improvement. This step ensures our strategies align with your specific goals and challenges.
Proposal Submission
After assessing your needs, we craft a customized proposal outlining our recommended solutions and services. Our proposal details the scope of work, timeline, and pricing for your consideration.
Agreement Signing
We will formalize our partnership by signing an agreement upon your acceptance of the proposal. This step solidifies our commitment to delivering results and outlines expectations for both parties.

Revenue Cycle Management Services Post-Onboarding

System Setup
We set up our systems and tools and tailor them to your organization's requirements. This helps ensure seamless data integration into our system (strictly in keeping with HIPAA needs) and optimal performance throughout the revenue cycle.
Data Collection
Following this, we commence the data collection process. Our team gathers relevant financial and operational data to implement our strategies and kick-start the process as per the SLA.
Staff Training
Concurrently, we provide comprehensive training to our team, which is dedicated exclusively to your needs. Our training programs equip the team with the skills your practice needs to deliver quality services.
Implementation
In this stage, our team executes the agreed-upon support services under the leadership of a project manager. We deploy our solutions and closely monitor their effectiveness.

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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.

3x

Increase in Point-of-Service
(POS) Collections

95%

Clean Claim Rate
(CCR)

80%

Reduction in Accounts Receivable (A/R) Days

40%

Reduction in Cost to Collect expenses

75%

Improvement in
Issue Resolutions

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