Revenue Cycle Management

Lex Process is a process and technology enabled growing RCM Company providing Medical Billing services to leading healthcare providers. Our approach has always been, client oriented and result driven. We have specialized teams of medical billers who hold specialty specific knowledge and certification to handle your billing tasks effectively.

Tired of submitting claims that gets rejected? Our Revenue Cycle Management (RCM) Services include next-day billing and follow-up with claims scrubbing technology that virtually eliminates the submission of bad claims.

Patient Demographics – Timely and maximum reimbursement is a critical factor totally depending on accurate entry of demographics and charge information. Critical error due to clerical lapses is given utmost priority in order to tackle issues at the onset using six sigma methodologies. At Lex Process, our team of dedicated personal enters information quickly and accurately which is highly essential in ensuing that this critical issue is timely resolved for the success of ensuring clean claims and high productivity.

Charge Capture – At Lex Process, we do charge entry as a part of the healthcare revenue cycle management services. Since we have prior experience in handling different renowned medical billing software and several medical specialties, we start with the process directly, saving staff training time and effort. We pre-define account specific rules in charge entry for different medical specialties which reduces the room for errors and contributes to clean claims.

Payment Posting – At Lex Process, payments received from patients and insurance companies are posted to the patient’s accounts in the client’s medical billing system. The posted payments are balanced against the deposit slips to ensure accuracy in payment. The payment posters also check for any under payment being made to the accounts. We also do electronic posting of payments in to the medical billing software and ensure that the EOB files are stored for future references.

Account Receivable/Follow up – The largest and normally the most significant asset of all healthcare providers is their accounts receivable. At Lex Process, our Accounts receivables management function is designed to be the complete solution to difficulties that occur in your cash flows and is operated as an extension of your business section. The goal here is to recover the funds owed to you as quickly as possible by continuously work on identifying and improving processes that can improve efficiencies at each step of healthcare revenue cycle management while meeting the industry’s best practices.

Provider Enrollment/Credentialing – Lex Process offers credentialing and re-credentialing services. We offer these services whether you are a new practice starting or an established practice. Our credentialing services are performed by experienced individuals who have been in the medical field for over 20 years and were former medical office managers.

Software Expertise

Our RCM team has experience in using various EHR/Practice management systems. Cited below are a few:

BENEFITS OF PARTNERING WITH US

Cost-effective and customizable engagement models

Save operational expenses - up to 40% in medical billing

Optimizing cash flow

First pass submission rate

Identify and abstract applicable MIPS quality measures to boost value based reimbursement

HIPAA compliance

Robust training and ramp up plan

Choose Practice Management System based on clients’ requirements with zero upfront cost