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 Wisconsin, such as Newark and Jersey City. We also extend our services to medical practices in smaller towns throughout the state of Wisconsin.
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Wisconsin’s population grew from 5,690,538 in 2010 to 5,892,539 in 2022. The 65+ age group saw the fastest growth, increasing by 41.3% during this period, with its share of the population rising from 13.7% to 18.7%. By 2040, 16 Wisconsin counties are projected to have over 41% of their populations aged 60 or older. This aging population has led to a growing demand for healthcare services, a trend expected to continue over the next four years.
As healthcare needs for the elderly increase, timely and efficient care is critical. By outsourcing complex, time-consuming tasks, we help healthcare practices focus on meeting the needs of this demographic while staying compliant with regulations. Our team of expert medical coders and revenue cycle specialists will enhance your billing processes, driving improved efficiency and boosting your practice’s revenue.
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.