Driving Revenue Cycle Success
Have a question or need support?
Reach out to us for tailored solutions, expert advice, or to learn more about how we can transform your business.
Strategic Project
Guidance
Not seeing the exact service you’re looking for? Whether it’s a unique challenge or a specific project you have in mind, let’s figure out the best solution together.
All-Access Pass to Revenue Cycle Mastery
Dive into a wealth of resources designed to enhance your revenue cycle management skills. Explore guides, case studies, webinars, and more to empower your practice.
FTLORC Exclusive Community
Connect, Discuss, Learn, and Network with Industry Experts & Peers. Enhance Your Skills with Exclusive Trainings and Collaborative Opportunities.
Revenue Cycle Expertise with FTLORC Podcast
Join our founder as she shares her expertise, insights, and strategies to help you navigate the complexities of healthcare revenue cycle management
Get Started with Us
Fill out the form below to get in touch with our team and take the first step towards optimizing your revenue cycle.
Get Started
Your All-Access Pass to Revenue Cycle Mastery
Dive into the FTLORC executive team’s expert resources—webinars, Q&As, podcasts, and more. Whether free or paid, each offering is designed to elevate your skills and help you thrive.
Frequently Asked Questions
Find Answers to Common Queries About Our Revenue Cycle Management Services and How We Can Support Your Healthcare Practice.
What is revenue cycle management (RCM), and why is it important for healthcare providers?
Revenue cycle management (RCM) is the process of tracking and managing patient care revenue from appointment scheduling to final payment. It ensures timely billing and payments, which is crucial for maintaining the financial health of healthcare providers. Effective RCM reduces claim denials, improves cash flow, and ensures compliance with healthcare regulations.
How can technology and automation improve the efficiency of revenue cycle management?
Technology and automation can streamline repetitive tasks such as claim submission, payment posting, and denial management. Automated tools can reduce errors, speed up claim resolution, and provide real-time insights into financial performance. By leveraging advanced software, healthcare organizations can optimize their revenue cycle management processes, leading to improved operational efficiency and reduced overhead costs.
What services does your company offer for revenue cycle optimization?
We approach revenue cycle optimization differently by starting with a comprehensive denial review to identify gaps in processes. From there, we focus on improving areas such as claim management, denial prevention, and payment processes. Additionally, we optimize your use of current technology or recommend upgrades to improve efficiency and provide staff training to ensure they are fully equipped to maximize the system’s potential.
What is the role of denials management in the revenue cycle, and how can your company help reduce denials?
Denials management is a critical part of revenue cycle management, as it involves identifying the reasons for denied claims and implementing strategies to resolve and prevent them. Our company provides expert denial analysis, appeal processes, and training on best practices. We focus on root-cause analysis to reduce denial rates and ensure faster payment from insurance companies.
How does your company help organizations understand the revenue cycle professional as their customer?
We help organizations transitioning services, such as dental billing to medical billing, and SaaS companies trying to improve their sales messaging by offering deep insights into the needs and challenges of revenue cycle professionals. Understanding your customer—the revenue cycle professional—is key to optimizing your product or service offerings and improving adoption. We provide guidance on messaging and strategy to better serve and resonate with this audience.
What are the benefits of in-house billing versus outsourcing revenue cycle services?
In-house billing allows for greater control over processes and can be more flexible for healthcare organizations. However, it requires skilled staff and ongoing training. Outsourcing revenue cycle services can offer cost savings, access to specialized expertise, and scalability for growing practices. Our company helps healthcare providers decide which model works best for their needs, ensuring optimal financial outcomes.