Revenue Masters today announced the release of their AFFORDABLE Cloud Contract Modeling™ technology that now be utilized by rural and community hospitals, surgical centers and physician groups whom could never before afford this technology. Now each claim processed can be checked against the complicated myriad of payer contracts to ensure one hundred percent payment and either increase their existing profits or even save facilities whom are not currently profitable.
San Diego, CA (PRWEB) October 26, 2014
Revenue Masters Cloud Contract Modeling™ software is the a well designed and user-friendly software recently launched. Cloud Contract Modeling™ is capable of modeling all payer contracted terms and rates, including bundled payments and government reimbursement. Instead of manually checking against payer contracts, each claim can now be automatically checked against the payer contract to ensure the claim is paid according to the contract.
Revenue Masters, LLC, is a healthcare revenue cycle management (RCM) company based in San Diego, California specializing in helping hospital’s, health systems, academic medical centers with state of the art affordable solutions to achieve one hundred percent collectability.
The newly released Cloud Contract Modeling™ , cloud-based software can be utilized in every small and medium sized hospital across the United States. CEO Dena Bengson states “Systems similar to what we offer are typically over a hundred thousand dollars to set up and more than that amount every year. Software vendors offering contract modeling have stayed away from the smaller hospital market. Our purpose is to help these hospitals with their financial survival as communities need these facilities for their local care.
Not only is the software affordable – you can now scrub every claim against all payer contracts. Our users love the up-to-date interface and reporting compared to their legacy systems, which are dated and built in the 90’s and early 2000’s. Cloud Contract Modeling™ is a superior Software as a Service (SaaS) compared to those offered by the Billion Dollar guys. We built it not only with a very experienced software SaaS team but along side a think tank of revenue cycle veterans whom have worked in these hospitals business offices seeing the need to provide a better and more affordable solution”.
Although the Revenue Masters software can also be utilized by large hospitals, they are proud to offer their software at an affordable price point to small hospitals, surgical centers and physician groups too.
Dena states “The integration with a client’s current patient accounting system is simple and we also offer the software to upgrade to contract comparison for negotiating payer contracts http://revenuemasters.com/services/contract-comparison-negotiation/ and an additional option for a full workflow system for managing collections called the RMReimbursement Accelerator™ http://revenuemasters.com/services/reimbursement-accelerator/ .
The company also offers a Free Payment Recovery service for collections on past uncollected claims but Dena states “ We offer this one time service to dovetail in the use of our software moving forward. There is no sense in not going after past dollars earned by the hospital as we are able to identify those unpaid or underpaid claims with our proprietary software and then collect on those monies.”
Revenue Masters provides fully diversified, RCM cloud-based Software as a Service (SaaS) technology, end-to-end virtual business process outsourcing (VBPO) and RCM consulting services.
For additional information go to http://www.RevenueMasters.com or contact Rick B. at 858-414-6029 or rick(at)revenuemasters(dot)com.
For the original version on PRWeb visit: http://www.prweb.com/releases/2014/10/prweb12276886.htm