Prochant is expanding into the Home Health & Hospice sector with a unique blend of outsourced Revenue Cycle Management (RCM) teams and AI tools. This move aims to address the industry's complex challenges and empower providers to streamline their financial operations, reduce staffing costs and optimize their medical billing workflow, thereby allowing them to focus on providing excellent client care.
CHARLOTTE, N.C., June 15, 2023 /PRNewswire-PRWeb/ -- Prochant, the only AI-driven home-based care reimbursement service, is proud to announce its expansion into the Home Health & Hospice industry. The company now offers a unique blend of outsourced Revenue Cycle Management (RCM) teams and AI-driven tools, all custom-tailored to meet the distinct needs of providers in this sector. With its proven track record in revenue cycle management for HME/DME businesses, infusion pharmacies, and specialty pharmacies, Prochant aims to transform the financial prospects of Home Health & Hospice providers. Home Health & Hospice providers often encounter complex challenges in managing their revenue cycle, which range from labor shortages, stringent compliance measures and regulatory adjustments to the fluctuating landscape of Medicare. With over two decades of industry knowledge and expertise, Prochant delivers a hybrid model of human expertise and AI-driven RCM services that amplify revenue, enhance cash flow, automate billing and collection operations, and significantly reduce staffing costs. The key features and benefits of Prochant's RCM services for Home Health & Hospice providers include:
- Prochant Intake: Let our team of reimbursement experts handle everything from incoming referrals to prior authorization
- Prochant Billing: Improve your clean claim rate and simplify your billing process with the help of our experts.
- Prochant Collections: Use our AI-driven automation tools and analytics to reduce your DSO to less than 40 days and bad debt rate of 3% of less.
We're thrilled to offer our proven hybrid model of dedicated expert RCM teams and enterprise-grade AI-driven automation for Home Health & Hospice providers," said Joey Graham, Chief Revenue Officer at Prochant. "By utilizing our expertise, dedicated RCM teams, and AI technology, we're empowering home-based care providers to overcome financial hurdles, tackle staffing challenges, and optimize medical billing workflows, thereby enabling them to focus on delivering exceptional client care.
Prochant's blend of human expertise and AI-driven solutions continue to disrupt healthcare reimbursement operations, allowing providers to streamline their billing processes, minimize errors, decrease bad debt, and improve cash flows. As a HITRUST-certified company, Prochant upholds trust and credibility among all stakeholders, including employees, prospects, customers, and investors. To schedule a demo or learn more about Prochant's services, please contact [email protected] or visit prochant.com.
ABOUT PROCHANT
Prochant is the only AI-driven reimbursement service provider in the home-based care industry. We deliver focused revenue cycle management (RCM) solutions to healthcare providers with 7 wholly-owned global delivery centers. Our expertise lies in providing end-to-end RCM for home-based care, infusion, and specialty pharmacies, consistently delivering exceptional results to some of the leading healthcare providers in the country. We harness specialized automation technology and deep industry knowledge to streamline the time-consuming and expensive reimbursement process. As a result, we help healthcare providers accelerate their collections, increase revenue, and reduce operational costs while managing risk. Prochant is HITRUST certified, the gold standard for HIPAA security.
Media Contact
Catherine Woo, Prochant, 1 888-349-9015, [email protected]
SOURCE Prochant
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