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 Minnesota, such as Minneapolis, St. Paul, and Rochester. We also extend our services to medical practices in smaller towns throughout the state of Minnesota.
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Minnesota is home to over 5.7 million people, with projections suggesting a population of nearly 6.6 million by 2075. The state’s older adult population has surged since 2011, when Baby Boomers began turning 65. By 2035, the number of Minnesotans aged 65 and older is expected to grow by nearly 200,000, reaching 1.19 million, or one-fifth of the population. By 2030, Minnesota will have one older adult for every three working-age adults, compared to one for every five in 2010. This significant shift may lead to increased demand for healthcare services.
At RAETH, our experienced team of medical coders and revenue cycle experts uses advanced technology to streamline your practice. We offer personalized solutions tailored to your specific needs while staying up-to-date with Minnesota’s evolving healthcare regulations. Partner with RAETH to focus more on patient care and less on managing your revenue cycle.
Optimizing revenue cycle management involves addressing various factors that collectively enhance profitability. This includes educating providers on coding updates, recommending EHR template adjustments, creating software interfaces to reduce redundant data entry, improving patient statement and delinquency protocols, setting up collection and refund processes, monitoring fee schedules, and delivering timely, effective reporting. Together, these actions support better financial and clinical decisions, driving improved profitability.