Benchmark Systems

What Is Benchmark Systems?

Overview

Benchmark Systems is a cloud-based revenue cycle management solution designed specifically for medical practices. It offers a comprehensive suite of features to streamline the medical billing and collections process, including claim scrubbing, payment posting, denial management, and patient statements. The solution helps medical practices improve cash flow, reduce administrative burdens, and maximize reimbursements with dedicated RCM specialists and a proprietary billing platform.

What Is Benchmark Systems Best Known For?

Benchmark Systems stands out with its medical coding review functionality, which provides automated coding recommendations based on each encounter within the Benchmark EMR system. This approach, combined with manual review from an experienced team of medical coders, helps ensure maximized reimbursement for clients.

Benchmark Systems Integrations

Benchmark RCM supports integration with a practice’s existing systems at no additional cost. However, the vendor has not disclosed more information regarding its specific third-party integrations.

How Does Benchmark Systems Work?

Here's how you can navigate the software after logging in:

• Enter patient demographics and insurance information
• Assign CPT codes for services and diagnoses using the platform
• Access automated coding recommendations from the integrated Benchmark EMR
• Batch and transmit claims via the clearinghouse interface
• Upload received payments and address denied claims
• Use the 'Benchmark Pay' portal to send bills and receive online payments
• Monitor key metrics with comprehensive reporting and analytics

You can also schedule a free Benchmark Systems demo to learn more about the software’s functionalities.

Who Is Benchmark Systems For?

Benchmark Systems RCM is suitable for healthcare practices of all sizes across a variety of specialties, including:

• Family Care
• OB/GYN
• Dermatology
• Cardiology
• Gastroenterology

Benchmark Systems Features

Here are a few key features of the software:

• Data Entry And Account Management

Benchmark Solutions RCM streamlines data entry and account management by expertly handling demographic, charge, and payment data. This saves your team valuable time and lowers your practice's administrative overhead, ensuring efficient operations and optimized revenue management.

• Denial Management

The platform offers a comprehensive set of tools to handle revisions and resubmissions promptly, ensuring timely resolution and maximizing reimbursement for your practice. This proactive approach minimizes revenue loss and maintains a steady cash flow to enhance the overall financial health of your healthcare facility.

• Billing And Follow-Up

Benchmark Systems simplifies billing and follow-up tasks by expertly managing claim filing, corrections, patient inquiries, and communication with insurance providers and other payers. Its dedicated team of RCM specialists ensures accurate and timely claim processing, reduces errors, and enhances communication channels, leading to improved revenue cycle efficiency for your practice.

• Benchmark Pay

The vendor offers a convenient payment solution for Benchmark RCM clients, enabling their patients to make online bill payments quickly, securely, and effortlessly. While the service is provided at no cost, credit card processing fees apply, ensuring a seamless payment experience for both practices and patients.

Is Benchmark Systems Right For You?

If your medical practice is struggling with inefficient medical billing processes, Benchmark Solutions RCM can be a powerful solution. Its team of experienced coders and billers ensures accurate claim submissions, minimizes errors and boasts a 98% clean claim rate. This translates to faster reimbursements and improved cash flow for your practice.

The proprietary web-based platform also provides full transparency into key performance metrics to help you improve reimbursements over time. Overall, its customizable, full-service account and denial management solution empowers healthcare organizations of all sizes to maximize reimbursements and focus on what matters most: delivering exceptional patient care.

Still not sure if Benchmark RCM is the right choice for your clinic? Contact us at (315) 215-3447, and we will help you make the best decision.

Benchmark Systems Pricing Plans

Pricing varies based on your specific requirements.