Revenue Cycle Management Services

Seal leaks in your revenue cycle with an expert, full-spectrum-focused team

Create a fortified innovative revenue cycle management structure with analytically driven expert teams.

Reduce leakage, reduce over-coding risks, improve clean claims and tighten the grip on governance.

revenue cycle management

Customized Revenue Cycle Management Services

Improve Profitability, Patient Experience and compliance with Neolytix RCM

Effective RCM not only ensures optimized cost-reducing processes and revenue improvement, but also an improvement in the patient experience. A shift from a billing-focused approach to complete RCM is required as the industry is evolving from a fee-for-service to the value-based care model. Unfortunately, a certain level of expertise and experience is required to capture the benefits offered by revenue cycle management- skills and expertise that most practices lack.

Our RCM teams have accumulated the necessary expertise over 11 years and are able to adapt their service to the individual practice regardless of where they find themselves in the practice life cycle model.

Revenue Cycle Management Services for
Evolving Medical Practices

Practices nationwide are adapting to agile mindsets to ensure their future success within a fast-changing industry. Neolytix assists medical practices who want to remain relevant and independent to adapt and master the correct processes that will gear them toward sustained growth for the years to come.

Create an industry-best RCM blueprint

Master building processes, control, and workflows that facilitate smooth functioning and better revenue outcomes for your practice.

Our stand-alone RCM Consulting services are offered to those who are starting up, or practices looking to optimize and scale.

Increase revenue and reduce costs

Revenue Leakage Analysis and error trend detection to improve revenue.

Improvements to clean claims with ongoing actions.

Maximized reimbursements with faster turn-around times.

Improved governance and transparency

Front and back-end integration means embracing the entire revenue cycle, from the first point of patient contact to final reconciliation.

Reporting and analyses along each step of the revenue cycle value chain.

Neolytix serves as the enabler for holistic analysis to foster a cross-departmental synergy.

Empowering revenue intelligence

In-depth reporting provided to create a platform for proactive improvement strategies.

Amendable key metrics to best reflect what matters to the individual provider.

Scheduled or on-demand detailed reporting and analysis

How Neolytix RCM Services Improves Revenue in your Practice

A brand-new holistic approach is needed to gain the most out of your revenue cycle. But as is the case with all new strategic implementations, the learning curve is steep and sometimes costly. Neolytix provides practices access to instant expertise and the opportunity to optimize their revenue cycle, without having to go through the slow and painful adoption process.

Benefits without the Challenging Learning Curve

Neolytix’s expert RCM teams bring 11+ years of experience to your practice which means you’ll enjoy all the benefits that all-inclusive revenue cycle management brings:

  • Without having to upskill your staff,
  • No need to hire consultants to assist in planning and implementation.
  • Avoid costly rookie errors caused by inexperienced staff
  • No need to scout and hire new resources
  • Fresh approach for a dynamic future approach to generating revenue
revenue cycle management services

Ask an RCM Strategist

Contact us to learn more about RCM implementation, the benefits and how to overcome the challenge specific to your practice.


Listen to what our clients
have to say

Sue Robbins
Sue Robbins
Neolytix has helped so much with our outstanding A/R. They are always so very willing to help and complete the task in a timely manner.
We transitioned to Neolytix a while back, having come from a billing company we were less than thrilled about. The people here have been very responsive to our needs and requests, and adapt quickly to whatever curve balls our practice throws them. They bring a wealth of knowledge to the table, and take the attitude that our success is their success.
Sandy M
Sandy M
I was a new office manager for a private practice when I hired Neolytix for credentialing assistance. Eden has been very thorough and helpful every step of the way. insurance credentialing can be so overwhelming at times, that having this task off my plate has given me a peace of mind. I know she is handling everything. Always quick to respond to questions or concerns.
Cheryl Lambert
Cheryl Lambert
Neolytix is the most professional and hard working billing company I have ever been partners with . I call them a partner because they truly are. Neolytix makes sure what they bill is accurate. Their knowledge of physician billing is outstanding. The entire team takes control and does what is necessary to make sure you get paid.
Priti Patel
Priti Patel
I habe hired a virtual assistant through Neolytix and she is amazing. The team has trained her well so I didn't have to deal with that aspect so I can focus on running my clinic. She is fast and responsive to clinic tasks. Patients have said positive things about her as well.The team at Neolytix did well...I just wish I would have signed up sooner 😅

Take Complete Ownership of your Revenue Cycle
Optimize Gradually

Don’t have the appetite to harvest all the benefits from full-spectrum revenue cycle management services?

No problem. Select individual service offerings from within the revenue cycle to gain access to specific expertise to complement your non-clinical processes.

Full-Spectrum Revenue Cycle Management Services

Essential RCM Scope

  • First Contact (Queries, etc)
  • Patient Scheduling
  • Benefit and Eligibility Verification
  • Pre-authorization
  • Patient-Provider Encounter (Capturing info, EHR, transcribing)
  • Medical Coding
  • Charge Capture / Claims Generation & Submission
  • Cash Posting/Payment Posting
  • Denial Management
  • Patient Billing
  • Accounts Receivable
  • Reputation management (Review requests and replies)

A-La-Carte RCM Options

pain management cpt codes

Benefits & Prior Authorizations

  • Prevent Surprise Bills and Penalties 
  • Improved benefit verification and prior authorization 
  • Support patient collections and improve patient experience

Licensing Service

  • Minimize onboarding time of new clinical personnel 
  • Physician, Non-Physician, DEA, CDS, CLIA & Group Licensing 
medical billing florida

Credentialing Service

  • Fast Insurance Medical Credentialing and Provider Enrollment 
  • Relationships with insurers and in-depth knowledge of processes 
  • Expedited service through constant follow-up 
Remote Patient Monitoring Reimbursement

Medical Billing And Coding

  • 10+ years of SLA-based billing service experience
  • Expert Coding support and knowledge transfer
  • Maximize revenue without overcoding

Frequently Asked Questions (FAQ’s)

In its simplest form, revenue cycle management, also known as RCM, refers to the lifespan of a patient account from first contact to payment and reconciliation. It includes all the administrative and clinical functions that add to the capture, management, and collection of revenue.  

Apart from the time and money wasted finding and onboarding billing staff, without an expert, cohesive team, the billing process isn’t as watertight as it should be, leading to providers losing revenue in the process.

In addition, poor coding practices also contribute to a loss in revenue. Refer to the next question for more on this topic.

Although medical billing is a vital part of revenue cycle management, RCM  goes beyond and includes both front and back-end processes. Revenue cycle management for medical practices builds a think tank into the billing process with a high amount of focus on analyzing and improving key health metrics on an ongoing basis.

A holistic approach to the medical practice’s revenue cycle optimizes revenue and improves the overall patient experience. By creating and monitoring measurable metrics across the board, a platform for constant improvement is generated. This would essentially lead to an increase in claims paid upon first submission, faster collections, minimized compliance risks, and more.  

The primary reasons for outsourcing RCM relate to operational cost reductions and optimizing income. Maintaining an expert in-practice revenue management team is costly, and staffing problems lead to disruptions that could affect the bottom line of the business.  

Outsourcing the revenue cycle management function of practice not only reduces costs, increases revenue, and solves staffing solutions, but the in-depth analysis and reporting of the entire cycle and the cross-industry transfer of skills and knowledge to the practice leads to a sustainable synergy.  

Schedule a free, no-obligation consultation to learn more about optimizing your revenue cycle

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