Our Philosophy
At Divine Concepts Management, our philosophy is grounded in the fusion of cutting-edge laboratory science with streamlined revenue cycle management.
We believe in empowering medical startups with state-of-the-art lab services, underpinned by robust financial strategies for sustainable growth.
Our approach blends innovative technology with expert management, ensuring that our partners and clients navigate the complex healthcare landscape with ease and efficiency.
We are committed to fostering a collaborative environment where scientific discovery and financial acumen come together, driving forward the future of healthcare
Services
Startup Services
Tailored Assistance: We guide new laboratories from the conceptual stage to a fully operational state, ensuring a smooth and efficient launch.
Lab Director Services
Hands-on Directors: We oversee laboratories overall operations and procedures to ensure all regulations at Federal and State Levels are adhered to.
Lab Consulting
Expert Advice: Our team provides strategic insights and practical solutions, drawing from decades of experience in the laboratory sectors.
Audit Services
Expert Reviews: Our team provides detailed audits for healthcare entities. Whether you need to prepare your laboratory for an inspection, or your current billing processes are not performing, we are here to identify the issues and prepare the plans for corrective action.
Revenue Cycle Management
• A/R Recovery Review & Action Plan:
Review and assess accounts receivable processes, and provide a detailed action plan for recovery.
• Charge Entry & Coding:
Handle accurate and timely charge entry for services provided, ensuring compliance with coding guidelines.
• EDI / ERA Setup & Payer Analysis:
Implement Electronic Data Interchange (EDI) and Electronic Remittance Advice (ERA) setup and manage payer analysis.
• Dedicated Billing Manager:
A dedicated billing manager will be assigned to oversee day-to-day revenue cycle operations.
• Insurance & Eligibility Verification Process Review:
Review and enhance the process of verifying patient insurance and eligibility to avoid denied claims.
• Financial Statement Reports:
Generate detailed financial reports to track billing and revenue performance.
• Reporting & Analysis:
Provide regular reporting on billing trends, collections, and outstanding balances with comprehensive analysis.
• Software Implementation:
Assist with the implementation of RCM-related software for billing and reporting processes.
• Payment Posting:
Accurately post payments received to the correct patient accounts.
Management Services
Expert Clinical Oversight: Our experienced laboratory executives build and manage startup and existing laboratories to ensure compliance and quality are key factors in operations. Evaluations for optimal performance, efficiency, policy and procedure implementation, and decreasing costs are our focus points.