There are 3 aspects to the revenue cycle management. (1) Coding and Billing (2) Payment Posting (3) Follow Up. From our experience working with many offices, it is often not possible for a single person to work on all these aspects. We work with many offices with 1-5 physicians and find that the Accounts Receivable has been increasing with time due to lack of man power for Follow Up. Even if you are single practitioner who sees 30 – 45 patients a day, having a single individual work on your billing can turn out expensive in the long run due to a growing Accounts Receivable. Coding and claim submission on a daily basis is the least time consuming task.

At GoSoft, we have specialists in all three aspects of revenue cycle management working simultaneously. There will be no delay in claim submissions, payment posting, or follow up and by sheer increase in man power alone, we will be able to improve your collections. We also have MagikTrak, our proprietary software that tracks claim status (paid or outstanding) and helps optimize financial results through intelligent data analytics.