Revenue Cycle Management

At Finova MedBilling, we believe that great healthcare deserves great financial clarity. Revenue Cycle Management (RCM) is the process that ensures healthcare providers get paid accurately and on time for the care they deliver.
🧩 The RCM Puzzle—Simplified
We break it down into seven essential steps:
- Patient Onboarding We start by capturing accurate patient and insurance details—because clean data means fewer billing hiccups.
- Eligibility Check Before services begin, we verify coverage so there are no surprises for patients or providers.
- Service Documentation Every treatment is coded precisely to reflect the care provided—this is the language insurers understand.
- Claim Submission We file claims promptly and correctly, reducing delays and denials.
- Payment Posting Once payments arrive, we match them to the right accounts and services.
- Denial Management If a claim is rejected, we investigate, correct, and resubmit—no revenue left behind.
- Patient Billing & Follow-Up We ensure patients understand their bills and help them resolve balances smoothly.