Empower Your Medical Practice with Phenovel RCM Services

Phenovel Solutions Revenue Cycle Management Services

Services We Offer

Phenovel Solutions is a leading provider of medical billing and revenue cycle management services that caters to a diverse range of clients and specialties. We specialize in identifying gaps and improving initial claim success and A/R recovery rates, and we serve as an extension of your staff. Our team of experts takes care of tedious tasks such as patient eligibility verification, charge entry, claim submission, and claim follow-up, allowing your practice to focus on delivering quality patient care. Our mission is to help you reduce overhead costs, increase your cash flow and provide excellent service to patients.

Our services include:

  1. Coding and Billing: We ensure accurate coding and billing for medical procedures, helping you to get paid faster while avoiding compliance issues.
  2. Claims Management: Our team manages the entire claims process, from submission to follow-up, to ensure timely reimbursements.
  3. Accounts Receivable Management: We handle your accounts receivable to ensure prompt payment and reduce the risk of revenue leakage.
  4. Denial Management: We identify and address the reasons for claim denials to help you minimize revenue loss and maximize collections.
  5. Patient Billing and Collections: Our team manages patient billing and collections, providing exceptional customer service while optimizing your collections.
  6. Practice Management Reporting: We provide detailed reports and analysis of your financial performance, allowing you to make informed decisions to improve your revenue cycle.
  7. Revenue Cycle Consulting: Our experts work with you to identify opportunities for improvement in your revenue cycle and develop customized solutions to optimize your financial performance.
  8. Out-of-Network Billing: Out-of-network billing refers to the process of billing patients who receive medical services from healthcare providers who are not part of their insurance plan’s network. As a medical billing service provider, we ensure that the medical services provided to the patient are accurately coded and billed. We also work with insurance companies to negotiate fair reimbursement rates for out-of-network services, helping to maximize our clients’ revenue.
  9. Patient Scheduling: Patient scheduling is a critical aspect of revenue cycle management. Our team assists healthcare providers in scheduling appointments and managing their schedules to ensure optimal patient flow. This service helps to minimize no-shows and cancellations, maximizing the number of patients seen each day. We also ensure that patients are scheduled for the appropriate services, which helps to improve billing accuracy and reduce denied claims.
  10. Credentialing: We assist healthcare providers in completing credentialing applications and ensuring that they meet the standards required by insurance companies and other healthcare payers. Our credentialing services help healthcare providers maintain compliance with payer requirements and ensure that they can provide medical services to patients while receiving appropriate reimbursement.

Partnering with Phenovel Solutions for your medical billing needs will help you streamline your revenue cycle, improve cash flow, and reduce the burden of administrative tasks, allowing you to focus on providing excellent patient care.

Providers We Serve

At our company, we offer revenue cycle management services to a wide range of healthcare providers, including:

  • Physicians (including specialists and primary care doctors)
  • Dentists and oral surgeons
  • Chiropractors
  • Psychologists and therapists
  • Physical therapists and rehabilitation clinics
  • Hospitals and healthcare systems
  • Ambulatory surgery centers
  • Home healthcare agencies
  • Diagnostic imaging centers
  • Laboratories and pathology groups
  • Medical equipment and supply companies
  • Medical billing companies (who may outsource their own billing needs)
  • Mental health clinics and facilities
  • Occupational and speech therapists
  • Optometrists and ophthalmologists

These are just a few examples of the many types of healthcare providers that could benefit from our medical billing services.With our team of highly qualified staff, we’re committed to delivering exceptional value to our clients. We strive to expedite the claim turnaround process and prioritize customer satisfaction above all else.

Specialty Areas

We are equipped to provide medical billing services for a wide range of specialties, including but not limited to:

  • Allergist/Immunologist
  • Anesthesiologist
  • Cardiologist
  • Cardiovascular Surgeon
  • Dermatologist
  • Emergency Medicine Specialist
  • Endocrinologist
  • Family Medicine Physician
  • Gastroenterologist
  • Geriatrician
  • Hematologist
  • Infectious Disease Specialist
  • Internal Medicine Physician
  • Medical Geneticist
  • Neonatologist
  • Nephrologist
  • Neurologist
  • Neurosurgeon
  • Obstetrician/Gynecologist
  • Oncologist
  • Ophthalmologist
  • Oral and Maxillofacial Surgeon
  • Orthopedic Surgeon
  • Otolaryngologist (Ear, Nose, and Throat specialist)
  • Pain Management Specialist
  • Pathologist
  • Pediatrician
  • Physical Medicine and Rehabilitation Specialist
  • Plastic Surgeon
  • Psychiatrist
  • Pulmonologist
  • Radiation Oncologist
  • Radiologist
  • Rheumatologist
  • Sleep Medicine Specialist
  • Sports Medicine Specialist
  • Surgeon
  • Thoracic Surgeon
  • Urologist
  • Vascular Surgeon

Powerful Technology and Skilled Team for Your Success

We are committed to providing quality solutions to our clients by using cutting-edge software tools or by working with the software they already use. Our team is highly trained and experienced in a variety of billing systems, and possesses excellent communication and negotiation skills. We also follow up with patients and insurance companies on our clients’ behalf. While our primary goal is to prevent claim denials, we understand that sometimes they are unavoidable. In such cases, we aggressively pursue the claim to ensure that our clients do not leave any money on the table. Our rigorous quality control processes ensure that every claim is prepared and submitted accurately and efficiently.

Protecting Patient Privacy

Phenovel Solutions takes HIPAA compliance seriously and provides comprehensive programs to address all aspects of the HIPAA Privacy, Security, and Breach Notification Rules. We use the latest technologies and conduct regular risk assessments to protect ePHI from unauthorized access and disclosure. Our team members are trained and required to sign confidentiality agreements to maintain patient privacy. We regularly review and update our policies and procedures to keep up with regulatory changes, so healthcare providers can focus on patient care while leaving administrative tasks to us. For reference, please see HHS guidelines for HIPAA compliance.

Partner with us to see the value we bring to the table. Contact Phenovel Solutions today to optimize your revenue cycle.