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Practice Management System Fall 2015

MedSym Solutions is pleased to announce the launch of enhanced streamlined practice management technology. For details, email sales@medsyminc.com. For a review of MedSymPM available today,… More

Oncologist Practice Revenue Solutions

Oncologist Practice Revenue Solutions MedSym Solutions services and offerings are available to all oncology practices. MedSym is excited to announce our collaborative alliance with Flatiron… More

Oncology Circle, Fall 2015

Oncology Circle™ Visit with MedSym Solutions, at the Oncology Circle Fall 2015 meeting.  Check back for the location and dates to be announced.  As a Flatiron… More

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Charge Capture Review: RRS

Radiation Oncology Billing and Charge Capture continues to become more complicated in order to maximize reimbursement for the services you provide each day to your patients.

In order to ensure that you are garnering the greatest Return on Investment for your Radiation oncology program, MedSym has created Radiation Reimbursement Systems® (RRS) to safeguard that your operation is not leaving any potential revenue on the table.

What is it and who can use this service?

  • RRS is a proprietary system that analyzes and reviews practice data and procedures up to 27 months old in order to find potential inaccuracies or inefficiencies the billing of Radiation Oncology charges.
  • Any Oncology practice that bills for its services  can use RRS. Even if you are currently using a record and verify software program, RRS will bear significant results.

Does it work? Is it invasive in my daily practice operations?

  • RRS has been successfully used by radiation practices around the country.
  • RRS has found a significant amount of charges in every single practice.
  • Unlike some other auditing companies, the majority of MedSym’s RRS service is done through electronic extraction and evaluation of data off-site so that the work is very unobtrusive to daily site operations.

What is the cost?

  • Because of RRS’s proven track record of success, there is no up front or out of pocket cost to the practice.
  • All MedSym costs including personnel, travel, etc. are all at our expense.
  • The recovered reimbursement from the identified drug and administration charges are split 50/50 with the practice.
  • No payments are made to MedSym until after you have been reimbursed by the payors for the charges identified by RRS.

Additional Benefits

  • All of the RRS outcomes are shared with the practice allowing the practice to immediately seize opportunities for reimbursement on the identified charges.
  • The practice can make instantaneous changes to current billing and operational procedures to prevent future loss of revenue.