Introduction
Running a private practice comes with its fair share of headaches—especially when it comes to Revenue Cycle Management. Here’s how medical VAs help fix these persistent problems.
1. Claim Denials Due to Coding Errors
Incorrect CPT or ICD-10 codes are among the leading causes of denials. VA coders are certified and trained to catch these errors before submission.
2. Delayed A/R Follow-Ups
Backlogs in collections can result in delayed or missed revenue. VAs ensure daily tracking and consistent follow-up on outstanding claims.
3. Inconsistent Charge Entry
Manual errors in charge entry lead to mismatches and billing delays. VAs use systematized methods for accuracy.
4. Lack of Real-Time Reporting
Most practices operate in the dark without knowing their financial health. VAs can generate daily, weekly, and monthly RCM reports with KPIs.
Conclusion
Each pain point in RCM costs your practice time and money. A trained VA can help you reclaim both.