Medical Billing And Revenue Cycle Management Solutions For Acute Care Facilities
At StafGo Health, we understand the billing complexities of Acute care facilities of every size, whether it is a hospital, emergency care, or urgent care facility. Acute care facilities deal with a high volume of patients, varied treatments, and strict compliance standards; therefore, it is crucial to partner with a reliable Revenue Cycle Management team that understands your pain points and provides you with tailored solutions.
We Are Experts In Complex Acute Care Cpt Code Management
We manage key components of acute care billing, which include initial and subsequent hospital care (CPT 99221–99223, 99231–99233), critical care services (CPT 99291–99292), emergency department visits (CPT 99281–99285), and hospital discharge services (CPT 99238–99239). Our team of RCM experts is well-trained in identifying coding gaps, fixing them, and ensuring stabilized cash flow for your practice.
Why Outsource Medical Billing And RCM To Stafgo Health For Your Acute Care Practice?
Our specialized, specialty-focused team at StafGo Health ensures hands-on support, transparent reporting, reduced administrative burden, and personalized support to your acute care practice and becomes an integral extension of your team.
There are multiple billing and RCM issues that acute care facilities face due to their high-volume, fast-paced, and highly complex clinical environment.
- High Complexity and High Volume of Claims—Acute care facilities process thousands of claims each month for various services, which leads to complex charge billing and coding.
- Inaccurate Medical Coding (ICD-10, CPT, DRG)- Due to the lack of coding knowledge, there is a high possibility of coding mismatches leading to denials.
- Inefficient A/R follow-up- Acute care facilities may lack the tracking systems or staff, which may result in a backlog of claim follow-ups and submissions.
- Slow Collection and Revenue Leakage due to Missed or Underbilled Charges—Inconsistent charge capture may lead to underbilling of charges, leading to loss of revenue.
- Lack of Data Analysis and Reporting—Acute care facilities do not have real-time tracking mechanisms and therefore struggle to identify denial trends and revenue leaks and track other important KPIs.
- Staff Shortage and Knowledge Gap: The In-house acute care billing team often lacks specialty-specific knowledge and therefore faces burnout.
- We provide comprehensive End-to-End Revenue Cycle Management Support with cross-trained specialists on demand so that you can focus more on patient care.
- We provide scalable solutions, advanced claim scrubbing, and a maximum turnaround time of 24-48 hours to bill all the previous day's claims to avoid delays.
- At StafGo Health, we have AAPC-certified coders who ensure accurate code assignment and complete accuracy in coding. They ensure prompt actions on denied claims to avoid unnecessary delays.
- Our RCM experts at StafGo Health track all the open claims with real-time dashboards and progressive reports to make sure no claim is left unaddressed and is resolved in a timely manner.
- At StafGo Health, we have dedicated billing, coding, and RCM experts with over 15 years of experience in handling acute care-focused medical billing and A/R follow-ups, and they prioritize the claims based on the data for faster recovery.
- Our RCM experts use a data-driven approach to target the denial trends and cash flow and use the automated live dashboards to track the KPIs, such as Days in A/R, Net Collection Rate, Clean Claim Ratio, and others.
Why Choose Stafgo Health For Your Practice Needs
Years of RCM Expertise
Charge Lag Days
Clean Claim Ratio
First Pass Resolution Rate
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We Offer Comprehensive RCM Services - Including
Get more collections and less stress with our expert RCM professionals