Medrevex, a leading revenue cycle management (RCM) service provider, offers a unique value proposition that is committed to supporting physicians and healthcare providers in these challenging times. Our services are designed to optimize revenue cycle management, counteract declining revenues, and alleviate the financial pressures you face.
We understand that many practices today face a troubling trend: while the cost of providing care continues to rise, revenue streams are increasingly strained. In-network rates have declined while administrative burdens, such as prior authorization, electronic medical records, or post-treatment records requests, have increased. In addition to these challenges, inflation has dramatically increased the cost of running small businesses. The result is that the amount physicians and providers are paid has become unsustainable. Perhaps most disheartening is that this financial squeeze makes it more difficult for physicians to maintain the high standards of care their patients expect and deserve, forcing physicians and other healthcare providers to sell their practices and enter corporate medicine.
New billing laws have been implemented, allowing physicians and providers to negotiate payments that more closely reflect their value and helping them stay in independent practice. Unfortunately, participation is prohibitively expensive and has a steep learning curve, leaving only the largest consolidated groups and private equity-backed practices able to participate.
At Medrevex, our goal is to help you navigate this complex landscape of new billing laws and regulations to improve the financial position of your practice. We do this while limiting your risk, reducing the time required to fight claims, protecting your current income levels, and maintaining in-network contracts as appropriate.
We appreciate your consideration of Medrevex as your partner and look forward to the possibility of working together to achieve your financial goals. We would like to sign an NDA to discuss in more detail the options for your practice.
Adam Bruggeman, MD, MHA, FAAOS, FAOA, Medrevex Founder and Managing Partner