Setting
a new standard in coder excellence
Even with great management, process and
technology, a coding and billing operation
is built primarily around the excellence
of its staff.
RevenueMed’s business model is radically
different from those of other coding or
revenue cycle companies. Rather than simply
hiring existing coders, we are creating
new coders, by taking talented people and
training them to perform this critical task.
As you might imagine, this strategy is
materially more costly than the alternative
approach. However, it brings three profound
benefits to our company and our clients:
- Scalability:
The coding market is labor-constrained.
Shortages are projected to become increasingly
acute in future years. By actually training
new coders, we are bringing new coding
capabilities into the market and relieving
this pressure. We project having hundreds
over coders within the coming 2-3 years.
- Quality: By maintaining direct control
over all training, credentialing and policy
guidelines with our coders, we are able
to introduce substantially more consistency
of coded output. To put the scale of this
undertaking into perspective, our training
programs are generating roughly ten
times more “graduates”
than a typical college HIM program!
- Long-term cost: Perhaps the biggest
benefit to our customers of our coding
acquisition and training programs is reduced
cost. By scouring the country and the
globe for talented people who seek to
embark on a coding career, but who are
prepared to work at salary rates below
the level of most US metropolitan areas,
we ultimately squeeze costs out of this
business process. Cost savings translates
into lower prices for our clients –
while still providing the industry’s
leading quality.
The best quality. The
largest number of coders. The best value.
That’s the RevenueMed difference…
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