RAETH Practice Solutions offers a comprehensive suite of revenue cycle solutions, including medical coding, charge coding, credentialing, and technical support for medical practices across major metropolitan areas in Delaware, such as Wilmington, Dover, and Newark. We also extend our services to medical practices in smaller towns throughout the state of Delaware.
|
|
Delaware’s population is expected to grow by 9% over the next 20 years, with over 20% currently aged 65 and older. This growth may lead to a decrease in healthcare workers, making it crucial for healthcare professionals to focus on patient care rather than additional administrative burdens.
RAETH provides comprehensive solutions, including expert clinical consulting, patient balance processing, and customized financial reports. Our services streamline revenue cycle management and optimize workflow. Our experienced team stays up-to-date with state-specific regulatory changes, ensuring efficient handling of billing, coding, compliance, and other essential aspects of practice management.
Optimizing revenue cycle management involves handling numerous critical tasks that together enhance profitability. This includes educating providers on coding updates, recommending EHR template adjustments, creating efficient software interfaces, refining patient statement and delinquency protocols, setting up collection and refund procedures, updating fee schedules, and providing timely, effective reporting. These efforts support better financial and clinical decisions, improving overall profitability. This is just a glimpse of how RAETH addresses revenue cycle optimization.