Revenue Maximization Group: Improved Revenue Flow for Healthcare Organizations

RMG Preventive care service line is designed to baseline all patients as they enter the Medicare market, manager their chronic conditions utilizing a host of tools, thus mitigating expense and enhancing the patient journey. Additionally, our care coordinators are able to deploy various tools such as Transitional care management (TCM), Remote Telemonitoring (RTM), and Telehealth to reduce the unnecessary hospital readmissions thus reducing the potential penalties hospitals and facilities face. These tools allow the RMG Care coordinators to track the patients’ health conditions and help them maintain a healthy lifestyle and avoid unnecessary costs and stress within the healthcare journey.

In short, RMG has achieved the recognition of a patient advocate by deploying preventive care elements and tracking improvements for each patient in Medicare to ensure the best quality care. In addition, we also provide complete transparency between the patients, and all of their providers in the Electronic Medical records systems. We have a saying ‘Patients don’t get sick and don’t get well in the exam room, all of this happens outside the four walls of the facility.’ It is the RMG role to provide this visibility to the providers to facilitate the best possible patient treatment plans.

What makes RMG unique in the Healthcare Solution Space?

Although we cater to healthcare organizations such as hospitals and clinics, we also consider patients to be our customers. We act as an promoter of care between the doctors and the patient. RMG’s solutions set is designed to simply fit within the existing workflow while simultaneously reducing redundant activities, increasing efficiency in providing care, while generating new recurring revenue. The entire end-to-end process facilitates MACRA MIPS requirements and reduces workload; clients do not require any additional resources or costs in order to finish tasks. In the end, organizations reap benefits in terms of a recurring revenue stream and better patient care. Also, RMG assists organizations in reducing reimbursement leakage and providing best coding practices. Unlike most revenue cycle management companies, we address the root cause of every issue to mitigate the recurring problems or symptom treatment. RMG has been able increase collections, shorten cash flow cycles, submit clean claims and significantly reduce denials well below industry standard to all of its clients.

The entire process involves understanding pitfalls, areas of claim denials, and attacking directly at the root cause of the problem, in an effort to optimally manage the business RMG diligently tracks the key performance indicators (KPIs) above the national average which will achieve maximum revenue generation and cash flow.

How does the future look like for RMG?

We are in the process of being acquired by a company called Nexteligent, a holding company designed to acquire and manage technology-centric health and wellness companies with related but distinct products, services, markets, and opportunities. We look forward to becoming part of a public company that’s building a complete Senior Care solution set that is from inception through the entire lifecycle of the care continuum.