Industry Expertise - Healthcare
The healthcare industry is a complex maze of insurance carriers and policies, claim processes and paperwork, terminology, medical codes, overpayments, grace periods, and pharmacy/drug coverage’s and regulations. With RMS, you will benefit from being able to combine our extensive experience in collections services and outsourcing with our in-depth knowledge of the Healthcare industry and its every changing rules, guidelines and regulations.
Did You Know?
RMS services 9 of the top 12 health insurance companies!
As a first or third party administrator (TPA), we clearly explain the details of the situation to the parties involved so that payment can then be made and the situation resolved quickly.
Why the Healthcare Industry Chooses RMS:
- Industry knowledge of medical codes, diagnostic terminology and policy specifics is combined with +165 years of receivable expertise, to allow for efficient claim processing and successful resolutions
- Manage and control your business by selecting just the services you want—from our sending out collection letters on your behalf to letting RMS manage your entire invoicing processes
- On-line access 24/7 for filing claims, reviewing claim status and accessing account status
- Streamline operations, increase revenues, and focus your personnel on key customer issues by utilizing RMS’ services
- Resolutions achieved with minimal negative impact on our customer’s relationship with their client
RMS Healthcare Industry
- Currently service over 300 healthcare providers representing a total sales volume of +$9.3 trillion
- 20-40% Cost savings on personnel and infrastructure
- Up to a 45% improvement on receivables and overpayment recoveries
- Work with a company who has a well-established record of substantial quality and business process improvements on high volume transaction activities
- RMS complies with all contractual obligations recommended or required by Health & Human Services for Business Associate Agreements under the HIPAA Privacy Rule.
