For healthcare providers struggling to generate consistent revenue growth, establishing a foundation of benchmark metrics for measuring the financial performance of your contract management system can be the difference in driving your bottom line.
The PMMC Approach
Since 1986, PMMC‘s mission is to continuously improve the financial performance of healthcare organizations through high-value revenue cycle software and services. PMMC‘s roots are in consulting, but the company has evolved into a leading revenue cycle software provider for strategic pricing, contract management, price transparency, and value-based reimbursement. PMMC‘s differentiator in the revenue cycle market is its calculation engine, which drives accurate reimbursement from all payers to the healthcare provider. This is at the core of all PMMC‘s solutions and is a key factor in the company‘s longevity and success.
Our hospital clients see significant financial improvement by leveraging an integrated and accurate revenue strategy known as Revenue Maturity across four key areas of the revenue cycle:
1.Contract Governance: Develop a reimbursement strategy with accurate contract governance (management) as the foundation.
2.Payer Negotiations & Strategic Pricing: Aggressively model payer contracts in real-time while leveraging the same platform for a competitive rate setting strategy and understand the impact on current contracts and net patient revenue.
3.Pricing Transparency: Deploy a successful patient engagement strategy for pricing transparency and consumerism by providing accurate patient estimates.
4.Value-Based Reimbursement: Provide a competitive advantage to our clients as the market shifts to alternate payment models and value-based care by incorporating current contract governance and risk assessment.
With over 30 years of experience, PMMC has unmatched expertise in the revenue cycle and provides forward-thinking strategies and insights for healthcare providers. Here's a few more ways to connect with us.