Welcome to Ark Medical Revenue Management
Welcome to Ark Medical Revenue Management. When was the last time you evaluated your practice's business health? We specialize in practice management, revenue cycle optimization, and tailored support for private practices. Our goal is to help you enhance efficiency and drive success in your healthcare operations.
The Ark Medical Revenue Cycle Management Solution
The above image illustrates the Ark Medical Revenue Management Solution, a comprehensive approach to Revenue Cycle Management (RCM)—a vital service for healthcare providers aiming to maximize financial efficiency while ensuring patients receive the care they need. Each segment of the cycle represents a crucial step in the RCM process, which Ark Medical meticulously handles to support healthcare practices from start to finish.
Our Process:
- Credentialing & Contracting: We start by establishing strong partnerships with insurance providers, ensuring your practice is credentialed and contracts are secured. This foundational step paves the way for smoother reimbursements.
- Eligibility & Benefits Verification: Before a patient visit, we verify insurance eligibility and benefits, reducing claim denials and ensuring patients are well-informed about their coverage upfront.
- Pre-Authorization: For procedures that require prior approval, we handle the pre-authorization process efficiently, minimizing delays and maximizing patient satisfaction.
- Claims Management: We meticulously prepare, submit, and track claims, making sure they meet the specific requirements of each payer to avoid errors that could delay payments.
- Remittance Posting: Once payments are received, we post remittances accurately, ensuring your revenue records are up-to-date and fully reconciled with the claims.
- Accounts Receivable Follow-Up: Our team actively follows up on outstanding claims, reducing the time it takes for payments to reach your practice and improving cash flow.
- Appeals Management: In cases where claims are denied, we manage the appeals process, fighting on your behalf to recover the revenue your practice deserves.
- Patient Billing: Finally, we handle patient billing with clarity and professionalism, addressing any questions or concerns to ensure smooth communication and collections.
Why Choose Ark Medical Revenue Management?
By entrusting Ark Medical Revenue Management with your revenue cycle management, your practice can focus on what matters most—providing quality care to patients. Our holistic, step-by-step approach ensures every part of the revenue cycle is optimized, leading to faster payments, fewer denials, and improved financial stability for your practice.
Free Practice Analysis
We have a proprietary analysis tool that can generate a detailed report, outlining solutions for virtually every aspect of your practice.
Isn’t it time you took a few minutes to focus on your needs? Let us help you keep your business as healthy as you keep your patients.
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