Revenue Cycle Management Services

Healthcare providers often find it challenging to accelerate customer onboarding and revenue reconciliation. The presence of multiple payers, disparate processes, increasing regulatory scrutiny, and fluctuating volumes complicate the business scenario. Revenue cycle management can be improved by streamlining business processes for greater efficiency.

TCS' Revenue Cycle Management Services, backed by deep domain expertise in the healthcare industry, help improve customer onboarding. Our automation tools enhance the efficiency of customer onboarding. By standardizing 'explanation of benefits' (EoB) formats across channels and offering platform services for revenue cycle cash posting, we help improve revenue reconciliation. We also provide support for efficiently managing volumes volatility by providing accurate forecasts.

The TCS Advantage

ValueBPS: Our ValueBPS approach helps enterprises achieve significant and sustained business outcomes by leveraging our deep domain expertise and operations redesign methodologies such as FORE™. Our approach also encompasses robotic process automation (RPA), analytics and insights, our unique IT-BPS synergy, Business Process as a Service (BPaaS) models, and business process management (BPM).

Analytics and Insights: Our advanced analytics helps in effective business planning and accurate forecasting. We provide detailed analysis on volume, billing, and revenue leakage.

Solutions We Offer

Our services include:

  • Payer Value Chain
    • Healthcare Administrative Services
    • Clinical Service
  • Provider Value Chain
    • Pre-intervention Services
    • Revenue Cycle Management
    • Analytics and Insights 

Benefits

Key benefits we deliver include:

  • Up to 30% increase in collection rate
  • Up to 20% reduction in operational costs

Reach Us.

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