Dipak Nandi How Outsourcing Your RCM Can Change Your Practice Management

NEW YORK - March 9, 2021 - PRLog -- With an extensive understanding of the insurance company's regulations, present industry mandates and changing new codes etc, outsourcing your revenue cycle management (RCM) is one of the competitive and cost effective solutions for many healthcare practices enabling better patient care management.

With partnership with some prominent insurers & providing them assistance with their claims adjudication process, an RCM not only takes care of your complete pre and post billing services but also helps you with operational cost reduction as well.

Lessens the risk of being mowed down in terms of revenue, outsourcing operational from a pool of experts helps with better managing receivables by diminishing bad debts, which is also one of the key challenges that healthcare providers have to address these days.
In fact, choosing the right operational extension save the healthcare practice a huge amount of not only money but also time for streamlining their processes in process and resolving accounts receivable backlog, proper data management etc.

With dedicated account managers working solely for your billing process ensuring a better ROI, today they further focus on your aging accounts as it is a high priority and will yield better output. Reducing TAT in accounts receivable/denial management with rapid automation technology. Outsourcing the revenue cycle management today maximizes revenue and minimizes the amount of money lost due to denials at a cost effective better than in-house billers.

Dr.Dipak Nandi, who is also a recipient of several entrepreneurial awards, A proud member of the prestigious AIIMS alumni and a board certified psychiatrist; today has been involved across the United States and India with key strategic initiatives in healthcare services like medical billing and telemedicine who in this pandemic seeing an increasing growth and demand in the mental illness observed outsourcing RCM today is the most cost effective solution which is appreciated by more than half of the healthcare practices working towards seamless billing operation and better patient care management.

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Dipak Nandi MD
Website: https://www.inc.com/profile/Dipak-Nandi-MD