CareRCM is a medical billing and revenue cycle management partner serving healthcare practices across the United States since 2016. The company offers services including full-service medical billing, medical coding, and denial management across more than 40 medical specialties. CareRCM maintains a 97% first-pass clean claim rate and a 96% net collection rate.
CareRCM is a medical billing and revenue cycle management (RCM) company founded in 2016, serving healthcare practices across the United States. The agency combines experienced billing professionals with intelligent automation to help independent physicians, group practices, clinics, and specialty providers improve their financial performance. CareRCM is headquartered in Manassas, Virginia, and employs between 250 and 499 people, with over 150 dedicated billing experts.
The company requires a minimum budget of $50,000 and up, with an average hourly rate of $20 per hour. CareRCM has served over 300 satisfied clients and reports a 97% first-pass clean claim rate, a 96% net collection rate, and accounts receivable days reduced to under 30. Practices typically see revenue increases of 10 to 15% after switching to CareRCM.
CareRCM offers a comprehensive suite of services including full-service medical billing, accurate medical coding, charge entry, clean claim submission, insurance eligibility verification, provider credentialing and enrollment, denial management and appeals, accounts receivable recovery, medical billing audits, patient help desk support, and virtual assistant services. The agency also provides expertise in accounting, back office outsourcing, CMS platforms like WordPress, and SEO including Shopify SEO and YouTube SEO.
The agency serves the health care and dental industries, tailoring solutions across more than 40 medical specialties such as internal medicine, cardiology, nephrology, behavioral health, pulmonology, wound care, urgent care, family practice, neurology, and oncology. Client types include startups, small businesses, medium businesses, and enterprise or corporate organizations.
CareRCM maintains strict compliance and security with HIPAA compliance, CMS certification, PCI-DSS Level 1 protection, 256-bit AES encryption, and a zero data breach track record. The company also offers a free medical billing audit with no obligation to provide an honest assessment of a practice's revenue cycle.
The agency's portfolio includes a medical billing project for a virtual assistant client with a budget between $20,000 and $100,000 completed over two months in 2020. Notable clients include Ortega Health Group, Mitchell Heart Institute, and Monroe Wellness Center.
Services
- Accounting
- Digital Services
- Digital Marketing
- Business Consulting
- Market Research
- Customer Support
Industries Served
Team Size
Pros
- 97% first-pass clean claim rate and 96% net collection rate
- Reduces accounts receivable days to under 30
- HIPAA compliant, CMS certified, PCI-DSS Level 1, 256-bit AES encryption