Revenue Cycle Management

A PROFESSIONAL SERVICE FROM INNOVATIVE

The Experts You Need to Improve Cash Flow, Patient Satisfaction and Compliance

Revenue Cycle Management (RCM) software and strategies can improve your financial stability. Do you have the in-house expertise to implement them? If not, we’ve got your back.

Supporting Your Revenue Cycle Management Efforts

Our Approach

Our Revenue Cycle Management (RCM) support is delivered by healthcare IT experts who can help your health system efficiently implement or optimize your RCM software and strategies—and set you up to manage them artfully on your own.

Why you need it

Healthcare organizations are striving to remain financially stable. RCM software and improvement strategies can help, but in-house team members may not have the training and experience to implement them. In these cases, outside support from specialized experts can help hospitals efficiently implement and optimize their RCM approach while enjoying these benefits:

Affordability. Staff augmentation saves hospitals money on training and other staffing expenses.

Scalability. Outside support lets systems surge in terms of IT resources when they need do, and to then back off when they don’t.

Expertise. On-demand access to RCM experts helps hospitals complete initiatives and leverage investments faster.

How it works

Whether you are looking for end-to-end RCM support and solutions or help with a particular part of the process, we’ve got you covered. Our experts are versed in all aspects of RCM, including:

  • RPreregistration
  • RRegistration
  • RCharge capture
  • RClaim submission
  • RRemittance processing
  • RInsurance follow up
  • RPatient collections

Why Innovative

Number 1Everything we offer, we offer with next-level service.

Because if the service piece isn’t there, clients can feel it.

Number 2We’re insanely flexible—because this is about your goals.

With Innovative, you choose the level of support you need, not us.

Number 3We only have eyes for healthcare.

Some IT consultancies serve multiple industries; we serve one.

Number 4We’re agile by design and have been for 20+ years.

We’ve evolved to support any system, any stack, and any goal.

Number 5Up to speed, right out of the box.

Our teams bring value right away—because that’s when you need it.

Get This

Patients Icon

Patients—not insurers—represent the fastest growing payment source for healthcare providers. That’s why RCM strategies are becoming increasingly patient centric—and inclusive of online payment options.

Healthcare Financial Management Association

The Latest from Innovative

Tech Sprawl Is Bloating Hospital IT – Costs and Inefficiency Are Up

Tech Sprawl Is Bloating Hospital IT – Costs and Inefficiency Are Up

High IT costs are on the radar for hospital CIOs and CEOs. About half of CIOs believe that there are more applications in their portfolio than the business requires. For some hospitals, these financial pressures are putting care at risk. Changes in the IT area could significantly cut costs and, at the same time, improve care delivery.

Innovative Consulting Group