Medical Management Services
Addressing Common Medical Billing Issues to Improve Revenue Cycle Management Medical billing issues can have a significant impact on the healthcare revenue cycle, as they can lead to delayed or denied payments, increased administrative costs, and reduced cash flow. Some common medical billing issues that affect the healthcare revenue cycle include: 1. Coding errors: Incorrect […]
Get your practice ready for the new year with MMS Group’s comprehensive RCM services. We take care of your revenue cycle management so you can focus on providing the best patient care.
We provide the best services to you Medical Billing can be a real lifesaver. So many practices have to downsize because they have not taken care of their billing. At Medical Management Services(MMS) Group, we take care of your billing so that you can concentrate on what you do best- take care of patients. Call […]
You Manage Your Patients and We’ll take Care Of Your Billing.Is Your Medical Practice Losing money due to poor collection and unpaid claims? Do a practice financial checkup by looking at your 90-day aging report.,
Revenue Trends for Healthcare 2022 & Beyond The revenue cycle market momentum in 2022 and beyond is trailing after long period of adversity due to COVID-19 and an already challenging economic environment for hospitals and healthcare systems, there is a new wave of consolidation, invention, innovation, technology, investments, efficiency, patient experience, underpayment recovery, and coding […]
Days in Accounts Receivable The first measure is the “days in accounts receivable” – the average number of days it takes to collect the payments due to the practice. To calculate days in AR, Compute the average daily charges for the past several months – add up the charges posted for the last six months […]
Top Causes of Revenue Leakage in Healthcare Revenue leakage may be attributed to numerous sources, but identifying the top causes allows healthcare providers to find solutions. According to Effy, a company that leverages big data analysis for healthcare organizations, revenue loss or leakage can be attributed to ten primary causes Insufficient registration data entered Absence […]
When you OUTSOURCE to MMS we become your IN-HOUSE RCM TEAM WHY WORK WITH MMS? Up to 15% increase in practice revenue – our team of experts will maximize collections so you’re not missing out Up to 20% lower cost to collect – avoid costly claims denials and remove overhead so you can grow and […]
Missed or Incorrect Insurance Eligibility Verification The process of Insurance Eligibility Verification is crucial to ensure denials due to missed or incorrect information are under control. There can be several reasons for claim denial or rejection but researches have proved not having an effective Insurance Eligibility Verification is the major reason for most denials and […]
Healthcare practice is an expensive proposition Payroll, insurance, rent, utilities, equipment, and other elements are significant cost factors. It can feel like there is no end to the list of items requiring cash. Many practices already have a close eye on days in A/R for payers, and that is undoubtedly a crucial metric to be […]
