A: Yes, Velocity RCM specializes in A/R recovery, denial resolution, and handling aging claims. Our expertise lies in identifying patterns in your outstanding claims, escalating them appropriately, and working aggressively to recover lost revenue. We understand how critical it is to resolve old unresolved A/R to maintain a healthy revenue cycle, and our dedicated team employs strategic methods to ensure effective recovery and resolution. Our goal is to help healthcare providers like you streamline their revenue cycle management, making your financial operations more efficient and profitable. Contact us today to learn more about how we can assist with your A/R challenges.

A: Getting started with Velocity RCM is simple and efficient! We understand the importance of a seamless onboarding process, and we're here to assist you every step of the way. To initiate, you can contact us through our website or email us directly at Service@VelocityRCM.org. One of our specialists will reach out to you to schedule a free consultation where we will discuss your specific needs and recommend the best path forward. At Velocity RCM, we're dedicated to streamlining your revenue cycle management process, ensuring you can focus more on patient care while we handle the complexities of medical billing. Reach out today and let us help you achieve greater efficiency and financial success. Visit our contact page for more details.

A: At Velocity RCM, we prioritize a seamless onboarding experience for our clients. Our process begins with scheduling a call to thoroughly discuss the specific needs of your practice. Based on this discussion, we develop a tailored implementation plan that includes Electronic Data Interchange (EDI) setup and system integration if required. To ensure a smooth transition, we assign a dedicated onboarding specialist who will guide your practice through every step of the process. Typically, the entire onboarding process takes approximately 2-4 weeks, allowing your practice to start benefiting from our premier medical billing services efficiently and effectively. Contact us to get started.

A: Yes, at Velocity RCM, we understand the diverse needs of healthcare providers when it comes to electronic medical records (EMR) systems. While we offer our own proprietary EMR system designed to seamlessly integrate with our revenue cycle management services, we are also experienced with a wide range of other EMR systems. Our team has expertise in working with popular systems such as Epic, Athena, AdvancedMD, Kareo, and many more. Our approach is to adapt to your existing system, eliminating the need for you to switch. This flexibility ensures a smooth and efficient billing process tailored to your practice’s unique requirements. Our goal is to streamline your revenue cycle management while accommodating your current workflow, making the transition to our services as effortless as possible. Contact us to learn more about our EMR system compatibility.

A: No, your practice is not too small to work with Velocity RCM. We support solo providers and small practices just as effectively as larger groups. At Velocity RCM, we recognize the unique challenges faced by smaller healthcare providers and are committed to offering personalized service to every client. Every client, regardless of size, receives a dedicated account manager to ensure that all their billing needs are met efficiently and effectively. Our goal is to streamline the revenue cycle management process for all our clients, enhancing their financial performance and enabling them to focus on patient care. Contact us to find out how we can support your practice.

A: At Velocity RCM, we understand that each healthcare provider has unique needs and requirements, which is why our pricing model is flexible and customized based on the scope of work. Most of our clients prefer a percentage of collections model, where our fee is directly tied to the revenue we help you collect. This aligns our incentives and ensures we are fully committed to maximizing your collections. Additionally, we offer flat rate options for specific projects and hourly rates for consulting services or special initiatives. This versatile approach allows us to tailor our services to fit your specific billing and revenue cycle management needs efficiently. If you have more questions or need a detailed quote, please contact our team for a personalized consultation.

A: Velocity RCM services are beneficial for a wide range of healthcare providers looking to streamline their revenue cycle management (RCM) processes. This includes medical practices of all sizes, from solo practitioners to large multi-specialty clinics, hospitals, and other healthcare facilities. By leveraging Velocity RCM expertise, healthcare providers can reduce administrative burdens, improve billing accuracy, ensure compliance with industry regulations, and enhance overall financial performance. Whether you are struggling with claim denials, want to speed up the reimbursement process, or need detailed financial reporting, Velocity RCM can provide tailored solutions to meet your specific needs.

A: No, at Velocity RCM all of our work is performed in the United States by experienced professionals. We believe in maintaining direct communication, cultural competency, and strict HIPAA compliance by keeping our operations domestic. This ensures quality, accountability, and a personalized approach that our clients trust and depend on. By having our skilled team based in the U.S., we can deliver superior service tailored to the specific needs of healthcare providers, ensuring accuracy in billing and fostering seamless communication throughout the revenue cycle management process.

A: Velocity RCM offers a comprehensive range of medical billing and revenue cycle management services designed to streamline operations for healthcare providers. Our key services include: medical coding, claims submission, payment posting, denial management, patient billing and collections, insurance verification, prior authorizations, appeals, and financial reporting. By leveraging our expertise in these areas, we help healthcare practices enhance their cash flow, reduce errors, and ensure compliance with industry standards. Our professional team is committed to providing accurate and efficient services to meet the unique needs of each healthcare provider we serve.

A: At Velocity RCM, we specialize in managing various insurance claims to streamline the revenue cycle management process for healthcare providers. We handle both CMS-1500 and UB-04 claim forms. This includes claims for commercial insurance plans, Medicare, Medicaid, and managed care plans. Our comprehensive approach ensures accuracy and efficiency, helping to maximize reimbursement and minimize errors in billing.

A: Velocity RCM stands out from other medical billing companies due to a unique blend of extensive experience, hands-on payer expertise, and a results-driven mindset. With over a decade of real-world experience, we understand the intricacies of medical billing and revenue cycle management. Our services are not only powered by expert insights but also by advanced automation technologies. This combination ensures fast, accurate, and transparent claim processing. Additionally, we pride ourselves on providing a personalized touch, leveraging technology to meet each client's specific needs and deliver the highest quality service. This comprehensive approach makes VelocityRCMHome a trusted partner for healthcare providers looking to optimize their billing processes.