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 New Jersey, such as Newark and Jersey City. We also extend our services to medical practices in smaller towns throughout the state of New Jersey.
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New Jersey’s population of individuals aged 65 and older grew by over 35% between 2010 and 2022, bringing more complex, time-intensive medical needs.
Medical practices in the state may struggle with billing and revenue cycle management due to the constantly evolving billing landscape, affecting daily operations. Outsourcing your medical billing to RAETH offers key benefits such as expert clinical consulting, patient balance processing, and custom financial reports, all designed to streamline workflows and optimize revenue cycle processes.
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.