Novita Management Services
Novita Management Services specializes in comprehensive medical billing and revenue cycle management solutions tailored for healthcare providers across the United States. With over 15 years of experience, Novita offers end-to-end services designed to enhance financial performance and operational efficiency, allowing medical practices to focus on delivering quality patient care.
Key Features and Functionality:
- Medical Billing: Achieves a 99% first-pass claim rate by meticulously scrubbing each claim for CCI, LCD, NCD, and MUE edits, ensuring prompt and accurate reimbursements.
- Denial Prevention: Emphasizes proactive measures to prevent claim denials, leading to increased collections and reduced accounts receivable days by 40%.
- Compliance: Maintains up-to-date knowledge of complex legislative mandates, ensuring 100% coding compliance and minimizing the risk of audits.
- Data Analytics: Provides business intelligence dashboards with customized billing reports, offering timely and meaningful financial analytics to maximize performance.
- Data Security: Ensures the safety of client data through HIPAA-compliant facilities and robust security measures.
Primary Value and Solutions:
Novita Management Services addresses the challenges healthcare providers face in managing complex revenue cycles and staying compliant with evolving regulations. By offering specialized billing expertise and comprehensive revenue cycle management, Novita enables medical practices to improve cash flow, reduce administrative burdens, and focus on patient care. Their consultative approach and dedicated back-office support ensure tailored solutions that meet the unique needs of each practice, leading to improved profitability and operational efficiency.