Navicure, a leading provider of Web-based revenue cycle management (RCM) solutions, today announced its new contract with Rocky Mountain Gastroenterology Associates (RMGA), a 21 physician, Lakewood, CO-based gastroenterology practice. RMGA will use Navicure’s core claims management application and electronic remittance posting and secondary claims processing solutions to help accelerate and enhance cash flow, and improve operational efficiency surrounding the billing process.
“We have lofty revenue cycle management goals that we hope will ultimately improve the overall profitability of our practice, and believe Navicure is the partner that will help us achieve these goals,” said Jeff McCaffery, chief financial officer for Rocky Mountain Gastroenterology Associates. “Specifically, we are aiming to improve our cash posting rate, streamline the claims management process, and identify sources of accelerated revenue through secondary billing. According to testimonials from their current clients, Navicure has a track record of success in these areas.”
Thousands of physicians in practices nationwide use Navicure’s solutions to automate revenue cycle processes, including claims management, electronic remittance posting, secondary claims processing, advanced reporting, and ancillary services, such as patient statement processing, eligibility verification and data protection. The company’s Dynamic Claims Status functionality enables claims to be easily tracked in any stage of processing and the cause of denials readily analyzed. A comprehensive reporting solution ensures that all levels within the organization—from billing staff to executive leadership—have tools at their fingertips to eliminate billing errors, identify payment trends and improve operational efficiency.
“Physician practices nationwide are using automated solutions like ours to proactively manage and enhance their revenue cycles,” said James Denny, president and CEO of Navicure. “Practices in the Colorado market are no different, and we are thrilled about adding Rocky Mountain Gastroenterology Associates to our growing client roster.”