Zotec Partners entered into a new revenue cycle management agreement with Southeast Texas Imaging in Port Arthur.
Here are five things to know:
1. The new agreement is designed to meet Southeast Texas Imaging's revenue cycle challenges, including:
• Improving denial management
• Physician education coding tools
• Patient follow-up for enhanced reimbursement
2. Zotec has already been able to improve STI's business intelligence with the Comprehensive Zotech Analytics and Reporting, a proprietary monitoring technology to actively monitor the revenue cycle 24/7.
3. CZAR also gives the practice access to transparent and actionable information about the group, including benchmarks and practice statistics.
4. The new technology alleviates STI's anxiety about reimbursement from higher deductibles and health savings accounts seen in the radiology industry.
5. Zotec's proprietary process and technology manage more than 70 million medical encounters in all 50 states.
"Aside from the impact we're already seeing in our reimbursement, Zotec's unmatched patient service will undoubtedly improve our patient satisfaction ratings as well," said Ramon Garcia, MD, president of STI.