Medical Transcription Billing launches new RCM solution: 3 things to know

Medical Transcription Billing Corp., a provider of cloud-based healthcare IT and revenue cycle management solutions, has rolled out a new hospital receivables management solution.

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Here are three things to know about the solution.

1. MTBC said its new hospital solution aims to help hospitals address two key challenges — aged insurance accounts receivable and patient balances.

2. The patient balance solution offers the following:

  • Real-time eligibility and deductible details
  • Secure E-statements and web-based patient payment portal
  • Automated balance reminder calls
  • Advanced business intelligence and analytics
  • Professional 24/7 patient telephone support

3. The new service is being launched in conjunction with MTBC’s recent acquisition of a New Jersey-based hospital receivables management company.

 

More articles on finance and revenue cycle management:

3 things to know about EveryPatient’s real-time patient satisfaction platform
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Oregon hospital profits climb 38% in 2015: 3 key points

 

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