Medical Billing Companies & Consultants in Coralville, IA

MediRevv is a healthcare revenue cycle management firm based in Coralville, Iowa, a short drive south of Cedar Rapids. It works with hospitals, health systems and provider organizations that want to hand off some or all of their billing and collections work. The company is now operating under the new name Acclara. It says the rebrand honors its history while setting a new direction. For buyers in eastern Iowa, it is a nearby option that serves clients across the country.

Services offered

The firm offers several outsourced programs. Clients can hire it for one narrow task or hand over the whole revenue cycle. Its main offerings include:

• Patient pay early out programs for balances owed directly by patients
• Full outsourcing of revenue cycle operations
• Follow-up on insurance accounts receivable
• Wind down support for legacy receivables
• Medical coding services

The early out program is meant for organizations where patient balances make up a growing share of revenue. It aims to collect more of those balances while keeping the experience positive for patients. The full outsourcing option is for leaders who want to focus on clinical quality and the move to value-based care. It also helps when hiring and keeping skilled billing staff is hard.

Approach to client work

The firm builds its work around the patient. It treats a fair and even forward-looking billing experience as good for both patient loyalty and cash flow. For revenue cycle leaders, it sees two goals as most important: keeping patients and bringing in as much cash as possible. It pursues both by combining strategy, staff and data analysis.

The firm adjusts its people and software to fit each client's problems. It compares client results against efficiency targets that cover its technology, how work is organized and how compassionately patients are treated. The goal is to raise collections while also lowering the cost of collecting.

MediRevv describes itself as a co-pilot for in-house revenue cycle teams. It says clients gain visibility into problems they may not have seen yet, which builds their own understanding of revenue cycle operations over time. The company notes that clients outsource for different reasons, such as financial performance, staffing shortages, gaps in technology or patient retention. It says the result they share is confidence that their revenue cycle is in capable hands.

Background

The company was founded in 2007 and has grown from its Coralville base to serve healthcare organizations nationwide. It is currently hiring, which points to ongoing operations. Buyers comparing medical billing vendors may find it a fit if they want patient-centered collections, help with insurance receivables, coding support or a long-term partner for the full revenue cycle.

Its focus on measurable results and on how patients experience billing is the main thing that sets it apart from vendors that only process claims.