Strengthen Your Financial Future With Revenue Cycle Management Services
Protect your medical practice’s revenue. Reduce claim denials and strengthen your back-office at every financial touchpoint with a more complete billing and collections solution. Most medical practices pay 6–8% of revenues for billing and collections. ScaffoldMED delivers the same, or often better, performance for less than 4%, typically saving your practice 30–50% annually.
Your Entire Practice Feels the Strain
Is your medical practice losing revenue? Every day, your staff scrambles to verify insurance benefits, track down prior authorizations, correct rejected claims, and follow up on aging balances that should have been resolved weeks ago. Payments land on the books without clear reconciliations. Denials pile up because no one has time to track down the root cause. Hours disappear into phone calls and hold times with payers. Unfortunately, you have no choice but to push patient care to the background. The financial side of your practice feels like a daunting maze. You could ignore it. But one wrong turn, and your revenue peters out.
What Our Revenue Cycle Management System Delivers:
- Eligibility and Benefits Verification
Verify coverage BEFORE the visit to prevent denials, avoid surprise bills, and support smoother financial conversations with patients. - Prior Authorizations
Manage authorization requests with payers and secure approvals BEFORE services occur to eliminate care delays and protect revenue. - Claim Scrubbing and Submission
Review every claim for accuracy, compliance, and completeness BEFORE submission – reducing rejections and speeding up payment approvals. - Payment Posting and Reconciliation
Record and reconcile all incoming payments to maintain accurate patient accounts and track revenue in REAL TIME. - Denial Management and Appeals
Investigate denials, correct issues, and submit timely appeals. RESOLVE all denials within 48 hours of posting to recover income quickly.
- Accounts Receivable Follow-Up
Track outstanding balances, follow up with payers within 21 days of submission, and MAINTAIN 90+ A/R below 10% to safeguard cash flow. - Reporting and Analytics
Use detailed financial reports to evaluate performance, identify trends, and make informed business decisions. - Dedicated Account Managers
Gain a partner who knows your practice, communicates proactively, and supports daily operations during business hours. - Cut Revenue Cycle Management Costs by 30-50%
Reduce overhead while improving clean-claim rates, accelerating payments, and recovering income that would otherwise be lost.
Technology That Supports the Way You Care for Your Patients
Your Practice Works Too Hard to Lose Earned Revenue
Give your billing department a break from following up with insurance companies! Streamline your billing operations and reduce your financial risk with a more efficient system. Save more. Collect more. Keep more – with less effort.