Business
CareCloud and U.S. Physiatry Forge Stronger Partnership for Enhanced Healthcare Services
SOMERSET, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health care technology solutions for medical
About this update from Carecloud, Inc.
[{"type":"text","content":"SOMERSET, N.J., Sept. 14, 2023 (GLOBE NEWSWIRE) -- CareCloud, Inc. (Nasdaq: CCLD, CCLDP, CCLDO), a leader in health care technology solutions for medical practices and health systems nationwide, is pleased to highlight its strategic partnership with U.S. Physiatry (USP), a prominent physiatry service provider operating in 20 U.S. states. This collaborative alliance, in effect since 2016, has recently seen remarkable growth and improvements, resulting in enhanced healthcare services for patients and optimized operations for both organizations. USP, specializing in physiatry services at inpatient and outpatient facilities, including hospitals, rehabilitation centers, skilled nursing homes, and long-term acute care hospitals, has experienced a transformational shift in its partnership with CareCloud. With no office locations, USP relies heavily on CareCloud's technology-enabled revenue cycle management (RCM) services to streamline their financial processes and optimize their patient care services. CareCloud RCM is a technology-enabled solution that streamlines administrative tasks and enables financial success for practices. It offers a dedicated team of RCM professionals who will handle billing, claims management, and revenue optimization. It also helps to reduce days in accounts receivable, automate manual processes, and improve revenue capture. Additionally, practices can gain real-time insights into revenue cycle performance with powerful analytics tools. The CareCloud and USP partnership is maximized by the use of CareCloud's Patient Call Center add-on service, which has proven to be invaluable in managing patient communications and engagement. Some of the notable benefits that U.S. Physiatry has gained from its partnership with CareCloud include: Efficient Billing and Collections: CareCloud manages all billing, collections, and payment posting services for USP through established billing interfaces. This collaborative approach has allowed USP to benefit from CareCloud's RCM knowledge, reducing their workload and ensuring timely and accurate RCM.Streamlined Operations: USP's billing team has been reinforced by CareCloud's dedicated support, resulting in smoother and more efficient operations. The co-source model has been instrumental in improving communication and collaboration between the two teams.Record Patient Collections:...