Beginning with a patient engagement and ending with final payments collected Rapid Care manages revenue cycle efficiently. We ensure patient safety and quality of care, while empowering the practice to achieve financial well-being.

Revenue Cycle Management

Rapid Care provides a comprehensive suite of revenue cycle management solutions to healthcare facilities across the world. Offering cost-effective services and high quality under affordable pricing is our specialty. At Rapid Care, we understand the need for embracing technology to achieve effective revenue cycle management. We have the necessary platforms that seamlessly facilitate payer-provider interactions. We ensure that our clients keep up with the continuous evolution and rapid changes in the healthcare ecosystem and the regulations.

Patient Engagement to Payment Processing

Eligibility Verification Process

Demo / Charge entry

Payment Posting

Denial management

AR Follow-up

Patient AR follow-up

Provider Credentialing

Insurance Authorization

Health Care Credit Card

Medical Billing

Rapid Care has been adjudged as one of the top ten most promising medical billing service providers in the contemporary world. We provide end-to-end revenue cycle management solutions that offers business benefits such as

  • Reimbursement Manager
  • Simplifies the claims submission process
  • Automatic built-in on-line Patient “Eligibility” Checker
  • Streamlines data transfer to all payers
  • Eases claims management system set-up and operation
  • Spend less time and resources processing claims
  • Generate higher profits through lower administration and postage costs
  • Improve efficiency by reducing administrative errors and re-work and increasing transaction accuracy
  • Submit accurate claims, which result in Higher claims acceptance & Faster reimbursement

Competitive Pricing

Most medical billing companies charge between 8% and 12% of the amount collected, to their physician clients. We charge our clients, an average of 7 to 8% of the actual amount collected, after it is collected. That is substantial direct savings and cash-flow improvement to our physician clients, day on day.

Denial Management

Denial management is crucial because it directly impacts the financial health of healthcare providers. When claims are denied, the revenue cycle is delayed.Rapid care has the right team and technology to minimize the frequency of denials, correct the issues that cause denials, and recover as much of the denied amount as possible. We review denials, correct any errors, and resubmit the claim or appeal the payer’s decision. We perform Root Cause Analysis to identify common reasons for denials and help to prevent them in the future.

Back-Logged Accounts Receivable

We are very comfortable at handling this critical phase of billing since we rigorously follow-up with insurance companies and patients right till the last cent, using legally prepared appeals (as per Medicare advice with respect to “appealing” denials rather than “re-submitting” them). As a side note, our appeals will always include and quote well-researched past “legal” precedents because of our collaboration with one of the better known attorney firms that specialize in this field.

Rapid Care's powerful RCM platform allows for quicker claim creation, submission, and follow-up, speeding up reimbursement cycles and improving cash flow.

iLake - NLP Software Technology for Reporting of Payment Processing

Now you can track key performance indicators (KPIs) like claim denial rates, average days in accounts receivable, and collection effectiveness. Our analytics dashboard can identify inefficiencies or trends in the revenue cycle and make improvements, such as streamlining billing processes, improving collections, or reducing denials.

Our software platform "iLake" ensures compliance with healthcare regulations, and proper documentation is maintained to avoid legal issues, such as fraud or audits from payers.