[LANDOVER, 3/22/2018] — DECO Recovery Management is assisting hospital and other healthcare facilities to improve their revenue cycle management (RCM) to prevent a bad debt conversion rate. The group of experts says compassionate and patient-advocacy techniques help in the success of RCM.
The Value of Revenue Cycle Management
Experts define revenue cycle management (RCM) as a financial process, handling medical billing software that functions as a tracker of patient care events from registration and scheduling of an appointment to the last payment.
DECO explains that providing 24/7 eligibility services may require a lot of work. The company states that it would take time, patience, and a comprehensive knowledge of Medicaid and Social Service Administration’s insurance programs. Healthcare facilities that are not familiar with eligibility services or those that need improvement in the debt conversion rate are where DECO provides services.
DECO’s Commitment
DECO commits to helping clients make the most of their reimbursements by leveraging technology, process, and compassionate advocates who deliver exceptional service. The company believes that adding adjustments to the clients’ hospital revenue cycle management (RCM) enables the recovery of most hospital funds, generating revenue instead of debt.
The leader in eligibility management services presents tailored business plans to fit the clients’ needs. But whether the facility is a metropolitan hospital or a small clinic, DECO’s team of advocates consistently provides personal attention with understanding, empathy, resilience, and results.
Instead of focusing on improving healthcare RCM, DECO helps physicians, nurses, hospital staff, and administrators pay more attention to patient care and facility management.
DECO remarks, “Much like a physician is there for their patient, from the beginning of a health issue and counsels them until the end of the problem, DECO is there in the background working for you."
About DECO Recovery Management
Providing a full set of eligibility management services, DECO Recovery Management has been assisting healthcare facilities since 1993. The team of eligibility experts delivers effective and efficient services from the beginning until the end.
For more information, visit http://decorm.com/ today.