Procedure grouping for presumptive and definitive testing, CPT grouping and MUE rules all give you flexible pricing by allowing the right CPT and quantity to be assigned automatically prior to pricing. Once correct and compliant transactions are created, then pricing is automatically assigned for clients, payers and self-pay.
Unlimited fee schedules for pricing and expected reimbursement allows you to price your laboratory services properly without manual intervention. You can create pricing driven by client, financial class, payer, state, locality and patient class.
TELCOR RCM includes extensive revenue cycle functionality to further customize pricing and manage the contract process required to maintain and improve client satisfaction. Client pricing options include unlimited fee schedules, discounting, special pricing, capitation, incremental pricing as well as automatic travel and transportation pricing.
Configuring the billing software and maintaining the flexible pricing is made easy with rate management tools allowing you to import, copy or globally update amounts based on the percentage change desired. Global updates are customized to only select procedures, making updates even easier. Effective date ranges ensure you can enter, import, copy or update as far in advance as desired, without affecting current pricing.