M&R Healthcare Consultants have decades of industry experience in Financial, Operational and Revenue cycle Management, Credentialing, Grants and Patient Advocacy
Maximize your financial and revenue cycle potential with our expertise and cutting-edge solutions
Revenue Cycle
Process Reviews
- Billing Process – Review current billing data and the billing work process used for medical claims. Compare historical trends and benchmarks to current billings to determine opportunities for improvement.
- Collections Process – Review current collection data and the work process to collect funds for outstanding bills. Compare historical trends and benchmarks to current collections to determine opportunities to improve the net collection percentage.
- Accounts Receivable Process – Review the current Accounts Receivable data by aging and the work process to collect outstanding Accounts Receivable. Suggest changes to the current work process to reduce days outstanding and bad debt write-offs. Compare historical trends and benchmarks to current results to determine the opportunities to reduce the Accounts Receivable balance.
- Cash Flow Improvement – Review billing, collection and expense data impact on cash flow. Review historical trends and benchmarks to determine opportunities for improvement.
Ongoing Revenue Cycle Management
- Revenue Cycle Management – Review the state of the current Accounts Receivable and compose a plan of action. Follow-up on outstanding claims, commence collections, track detailed claim denials and track pending receivable balances for insurance and patients.
- Charge Entry - We provide expert charge entry services to streamline your billing process and ensure accuracy. With certified coders on staff, we are dedicated to optimizing revenue cycle management through precise coding and documentation. Our specialized knowledge and experience help minimize errors, reduce claim denials, and enhance overall efficiency in your practice. Let us support you in maximizing your revenue while you focus on providing quality care to your patients.
Coding and
Documentation Review
- Coding and Documentation Review – Review a sample of current ICD 10 and CPT coding for office visits, in-office procedures and surgical encounters. Ensure the proper ICD 10 codes and documentation are being utilized for appropriate reimbursement opportunities.
Educational Services
- Coding and documentation of services are an essential part of the medical billing process. A provider needs to know how to document their services correctly in order to maximize the reimbursement from various insurance payers. We offer personalized educational services based on your practice or hospitals needs. Our staff has tremendous experience in all specialties, so we can customize all of our educational services to your needs.