Today’s physician practices face a host of financial challenges such as rising operating costs, physician compensation, patient satisfaction and maximizing payer and patient revenue.
R1 provides end-to-end revenue cycle management solutions for hospital-owned and independent physician groups – leveraging our technology leadership and operational excellence to enable excellent patient financial care and easier patient access. By enhancing the patient financial experience, we help you foster higher patient satisfaction, greater loyalty, and increased volume and market share.
We deliver proven financial results at any scale or payment model through an approach that includes risk-based partnerships, technology integration, intelligent automation and performance management. You can trust your practice’s financial health to R1 because we:
The obvious benefits of Improving Revenue Cycle processes include things like improved billing, lowered A/R, fewer days to collect, etc. This is all good news for the practice’s bottom line. But, improving Revenue Cycle processes can also have a big impact on patient satisfaction too. Looking at your practice through the patients’ eyes to implement easy-to-understand billing, convenient ways to pay, service estimator protocols and more can translate into an improved patient experience too.
R1’s innovative technology creates automated workflows, system integration and seamless hand-offs – enabling a better, more efficient experience for both staff and patients.
Increase efficiency and patient satisfaction with online / mobile self-scheduling, registration and self-service check-in.
Set expectations about patient payment responsibility and offer financial advocacy.
Offer consumer-preferred options such as online bill pay, automated payment plans and omni-channel customer service.
Facilitate speed, accuracy and appropriate payment.
Ensure consistent full payment.
Foster coordinated, proactive care via reminders for wellness visits and preventative appointments.
Reduce cost to collect, speed payment and allow staff to focus on strategic and patient-facing tasks.
Monitor compensation progress versus goals.
Optimize revenue management through financial modeling and contractual terms.
Minimize risk and maximize accuracy through comprehensive education and quality assurance.
Provide oversight to help ensure complete reimbursement.
Fully staff all departments, including specialized A/R work, to ensure efficiency and continual cash flow.
Enable ongoing business continuity via management of integrated technology platform.
Give you operational visibility and clarity about financial and clinical goals.
Utilize individually assigned client representatives to help guide strategy and provide attentive service.
Hawaii Emergency Physicians Associated
Raleigh Durham Medical Group