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 South Carolina, such as Charleston and Columbia. We also extend our services to medical practices in smaller towns throughout the state of South Carolina.
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As one of the fastest-growing states, South Carolina saw an increase of 72,280 residents, reflecting a 1.4% growth from 2020 to 2021. With over 20% of the population under 18, the state is home to many specialty medical practices facing the challenge of serving a growing and aging population with diverse medical needs.
Medical practices in South Carolina struggle with billing and revenue cycle management issues that affect daily operations. Navigating the complexities of medical billing while meeting patient needs can be difficult. To overcome these challenges, many practices in the state rely on RAETH Practice Solutions. With RAETH, practices benefit from expert clinical consulting, efficient patient balance processing, and customized financial reports—services that help optimize revenue cycle processes and improve workflow.
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.