TELCOR Revenue Cycle Management
Lower Your Cost of Billing and Maximize Collections with TELCOR RCM
%
average increase in collections after switching to TELCOR.
months on average to achieve a return on your investment.
%
improvement in productivity resulting from automated rules and staff reallocation.
Outsourced Lab Billing
TELCOR Revenue Cycle Services allows labs to outsource their billing to experienced, U.S.-based laboratory billing professionals. Customers receive oversight and support with a dedicated Client Services Coordinator allowing you and TELCOR to work as a team with no additional fees.
Revenue Cycle Management
Why Labs Choose to TELCOR
Software designed specifically for laboratories
Our software solution, TELCOR RCM, manages the many complexities facing labs by using an exception-based rules engine and custom pre-processing rules.
Automating these procedures reduces manual intervention and frees staff for other projects.
Unmatched analytics driving business decisions
You can easily analyze payer reimbursement, claim denials and appeals, AR by payer, client or patient responsibility, profitability, and more.
Send clean claims the first time
With more than 60 validations and rules performed, simplify your workflow by doing everything from:
- Medical necessity checking
- Grouping and pricing bundled CPT codes
- Applying of MUE rules
Flexible pricing and client billing
Managing various pricing scenarios can be a challenge. TELCOR RCM includes extensive functionality to customize pricing and meet diverse contract requirements to support client billing.
You can create pricing by client, financial class, payer, state, locality, and patient class.
Gain complete access to your data
We provide our customers with dynamic, real-time intelligence directly from the application. You can display data in a pivot grid making it easy to:
- Customize views to track your KPIs
- View detailed analytics to compose specific metrics
- Adapt reports as KPIs evolve
Increase net collections
“Over the years, the amount of growth the company has had versus the amount of employes we’ve had to add, I think is directly related to the advanced processing rules and exception-based system that TELCOR has. We can drive workflow and automation through those rules that don’t require you adding head count to the system or at least at a much slower rate than your volume is going to grow.”
Jeff Nally | SVP of Revenue Cycle Management | Dominion Diagnostics