Redemption Medical Services, LLC Who we are In House vs. RMS What - - PowerPoint PPT Presentation

Redemption Medical Services, LLC

• Who we are
• What we offer
• What you get
• Cost to you
• In House vs. RMS
• General Cost

Analysis

RMS – Who we are

• We are a complete medical office software suite providing Practice

Management, EHR, and billing systems through Kareo

• Peter J Halas – “PJ” - Owner and President

➢ BA Dartmouth College, 1998 ➢ Former office manager, Sea Girt Pediatrics ➢ Created RMS in 2010 after poor experience working with an

• utsourced billing company
• Kareo is a leading online medical billing software company

➢ Seamless integration between PM, EHR, and billing. ➢ Electronic claims submission, payment posting, insurance

eligibility checks, electronic remittance, reporting, and more

RMS- What we offer

• We offer a web based Medical practice suite that eliminates major

hardware costs, ICD upgrades, and allows Doctors to worry only about seeing patients.

• Web based allows for use of tablet computers instead of paper

charts, freeing up more rooms for patients to be seen.

• Allows Doctors to access practice from anywhere they have internet
• access. “ON CALL” Doctors can access patient charts and make

more informed decisions.

• Dedicated staff who oversee your practice specifically from claim

submission to payment. All steps in the work flow are monitored for HIPPA compliance.

• Focus is solely on getting the Doctors paid for the services they

provide, quickly and consistently day in and day out.

RMS- What you get

• Web based office management software at no cost to the doctor. All

software fees are included in the percentage agreed upon in contract.

• Office work flow analysis to streamline efficiency in the office and increase

revenue

• Hands on training of office staff on systems by PJ until staff is comfortable.
• Security levels attached to each user allowing access only to the tasks and

information each staff level needs.

• Integrated EHR component for free!!!!!
• Custom encounter forms for your office based on most common procedures

and diagnosis codes used

• Daily claim submission and follow up to ensure no claims slip through the

cracks

• Payment posting through Electronic Remittance and paper EOB
• All patient balance billing done through RMS (Email billing or paper billing)

Costs

• Billing: 6% of total collected in office

➢ Software license: paid for by RMS ➢ Upgrades: paid for by RMS ➢ Integrated EHR component: Free ➢ Practice Management solution for office: included

• The only cost is based on how well we do
• ur job.

In House Vs. RMS

• In house Pros

➢

Retaining Control

➢

Return on Investment

➢

Close Proximity

• RMS Pros

➢

Less Expensive

➢

Transparency

➢

Enhanced Consistency

• RMS Cons

➢

Hands-Off

➢

Variable Cost

• In house Cons

➢

Higher Costs

➢

Liabilities

➢

Support Issues: . Pros and Cons Expanded

Generic Cost Analysis

Cost Analysis Assumptions and Descripton