How a Physician Practice Stabilized Revenue with a Hybrid RCM Model
- Initial Challenges: High denials (18%), rising A/R (62 days), staff burnout, and 12% revenue leakage.
- Hybrid RCM Model: Combined in-house control with Practolytics’ expertise in denials, coding, and analytics.
- Tech-Driven Efficiency: AI denial tracking, automated eligibility, and real-time dashboards improved workflows.
- Strong Financial Results: Denials cut to 6.5%, A/R down to 34 days, collections up to 98%.
- Better Outcomes: Higher physician productivity and improved patient satisfaction.
- Sustainable Growth: Achieved stable, scalable revenue without full outsourcing.
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- Initial Challenges: High denials (18%), rising A/R (62 days), staff burnout, and 12% revenue leakage.
- Hybrid RCM Model: Combined in-house control with Practolytics’ expertise in denials, coding, and analytics.
- Tech-Driven Efficiency: AI denial tracking, automated eligibility, and real-time dashboards improved workflows.
- Strong Financial Results: Denials cut to 6.5%, A/R down to 34 days, collections up to 98%.
- Better Outcomes: Higher physician productivity and improved patient satisfaction.
- Sustainable Growth: Achieved stable, scalable revenue without full outsourcing.