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Home/Health Tech/Medical Billing & RCM

Medical Billing & Revenue Cycle Management

Inefficient revenue cycle processes cost healthcare organizations an estimated 15–25% of potential revenue through avoidable denials, late claims, and unworked remittances. We build intelligent medical billing and RCM software that automates the entire revenue cycle — from charge capture and claims submission to denial management, ERA posting, and patient collections — maximizing clean claim rates and accelerating cash flow.

BUILD YOUR RCM PLATFORM
$262B
Wasted annually on US healthcare administrative costs
98%+
Clean claim rate achievable with automation
30%
Average reduction in denial rates with AI-assisted billing
14 days
Typical reduction in days in A/R

End-to-End Revenue Cycle Software That Pays for Itself

A complete RCM platform automates every step from clinical encounter to final payment — eliminating manual touchpoints that introduce errors, delays, and revenue leakage at every stage of the revenue cycle.

Claims Automation

Automated charge capture from EHR encounter data, ICD-10/CPT/HCPCS coding assistance with AI-powered suggestions, claim scrubbing against 1,500+ edit rules, and X12 837 electronic claims submission to all major clearinghouses — with real-time claim status tracking.

ICD-10/CPTX12 837Claim ScrubbingClearinghouseReal-Time Status

Denial Management & Appeals

Real-time denial classification by payer and denial reason code, automated appeal letter generation with supporting clinical documentation, denial trend analytics by provider and service line, and workflow queues that route denials to the appropriate billing specialist.

Denial ClassificationAuto-Appeal LettersDenial AnalyticsPayer ScorecardsWorkflow Queues

ERA/EOB Processing & Posting

X12 835 electronic remittance advice ingestion, automated contractual adjustment posting, secondary claim generation, patient responsibility calculation, and exception queues for remittances that cannot be auto-posted — eliminating days of manual payment posting.

X12 835Auto-PostingContractual AdjustmentsSecondary ClaimsPatient Responsibility

RCM Features Built for Maximum Revenue Capture

Every module targets a specific revenue leakage point in the typical healthcare billing cycle.

Eligibility Verification

Real-time insurance eligibility and benefits verification via X12 270/271 at scheduling, at check-in, and on-demand — catching coverage issues before the claim is submitted.

Financial Analytics Dashboard

Days in A/R, clean claim rate, denial rate by payer, collection rate by provider and service line, net collection rate, and charge lag — all on real-time executive and operations dashboards.

Patient Responsibility & Collections

Automated patient statements, payment plan setup, online patient payment portal, propensity-to-pay scoring for collection prioritization, and integration with collection agency workflows for aged balances.

Coding Assistance & Auditing

AI-assisted CPT and ICD-10 code suggestions from clinical documentation, coding compliance audits, undercoding detection, and automated prior authorization checks for procedures requiring payer pre-approval.

Compliance & Standards Coverage

HIPAA Transactions (X12 837/835/270/271)
Supported
ICD-10-CM/PCS Coding
Supported
CPT / HCPCS Level II Codes
Supported
Medicare NCCI Edits
Built-In
HIPAA Security Rule (PHI Billing Data)
Compliant
CMS Claims Timely Filing Rules
Automated
No Surprises Act Compliance
Supported
Prior Authorization Automation
Supported

Why Billing Teams Choose Woltrio for RCM

We combine healthcare billing domain expertise with modern software engineering to build RCM platforms that billing teams actually want to use and CFOs can measure ROI on.

Measurable Revenue Impact

Every RCM platform we build is instrumented to measure the KPIs that matter — clean claim rate, denial rate, days in A/R, and net collection rate — so your revenue improvement is quantified and defensible.

Deep Payer Knowledge

We build payer-specific claim editing rules, appeal templates, and authorization workflows based on the major commercial and government payers — Medicare, Medicaid, UnitedHealth, Aetna, Cigna, BCBS — reducing denials at the source.

EHR-Native Integration

Bidirectional FHIR and HL7 integration with all major EHRs ensures that charge data, clinical documentation, and coding suggestions flow between clinical and billing systems without manual transcription.

Our RCM Platform Development Process

From revenue cycle audit to production billing automation, we follow a structured process that identifies leakage points and systematically eliminates them.

01

Revenue Cycle Audit

Analyze current claim submission workflows, denial patterns, A/R aging, and payment posting processes to quantify revenue leakage and prioritize automation opportunities.

02

Platform Architecture Design

Design claims engine, clearinghouse integration, denial management workflow, ERA posting logic, and financial reporting architecture.

03

Core Billing Engine Development

Build charge capture, claim scrubbing, X12 835/837 transaction processing, eligibility verification, and automated denial classification modules.

04

EHR & Clearinghouse Integration

Implement FHIR/HL7 EHR integration and establish clearinghouse connectivity with Change Healthcare, Availity, or Waystar for claim submission and remittance.

05

Billing Team Training & Go-Live

Train billing specialists, coders, and managers on the new platform, execute parallel run alongside legacy system, and validate financial metrics match or improve.

Ready to Build Your Healthcare Software?

Let's discuss your project requirements and build something that delivers real clinical and business value.

Start Your ProjectView Our Work

Frequently
asked Questions

Seeking basic information? Our FAQ section is a ready reckoner with precise answers to the most probable queries.

A clean claim rate is the percentage of submitted claims that are accepted and paid by the payer on the first submission without requiring correction, resubmission, or appeal. Industry benchmarks consider a clean claim rate above 95% to be good; top-performing billing operations achieve 98%+. Every claim that is not clean on first submission triggers a denial or rejection workflow that adds an average of 22 days to payment and $25–$118 in additional administrative cost. Our claim scrubbing engine applies 1,500+ edit rules before submission to maximize first-pass acceptance rates.
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