Healthcare Revenue Cycle Operations

Medical Billing & RCM Solutions

In-network and out-of-network medical billing pipelines built on modern technology. Millennova Solution scales clinical revenue, secures administrative compliance, and speeds claim reimbursement.

Strategic RCM

Closing the Gaps in Medical Billing

Clinical practices face severe cash-flow leakage due to manual coding mismatches, unvalidated insurance eligibilities, and slow denial tracking. Millennova structures a robust pipeline that streamlines clinical documentation directly into submitted claims, protecting both contracted in-network yields and complex out-of-network reimbursements.

Clean Claim Goal Benchmark

99.2% Clean Claims Rate

In-Network RCM Optimization

Complete oversight of major payer lines (BCBS, UnitedHealth, Cigna, Aetna) and government programs (Medicare, Medicaid). Continuous fee-schedule auditing ensures clinical entities are paid exactly what contracts dictate.

Out-of-Network Settlements

OON strategic collection practices recover revenue from underpaid non-contracted claims. We track regional geographic medical expense averages, prepare comprehensive underpayment packets, and appeal bad claims fast.

ICD-10/CPT Medical Coding

Highly certified AAPC coders perform clean, real-time documentation mapping and code selection. This rigorous system decreases audit risks and drastically limits the initial claim rejection rates at clearinghouses.

Credentialing & Enrollment

Fast-tracked commercial payer enrollment, CAQH profile setups, and Medicare/Medicaid network registrations, protecting practices during new physician hiring or expansion cycles.

Modern Tech-Driven Workflows

Secure Payment Posting & EMR Database Sync

Our teams execute daily payment posting across Electronic Remittance Advice (ERA), Electronic Funds Transfers (EFT), and physical check ledgers. We maintain continuous API and safe file transfer synchronizations with top EMR platforms like Epic, eClinicalWorks, Athenahealth, and AdvancedMD to guarantee perfect ledger alignment without data overlaps.

REAL-TIME ELIGIBILITY Pre-validation of active patient coverage and deductibles before procedures to guarantee eligibility.
DENIAL VELOCITY RECOVERY We isolate and appeal denied claims within 48 hours to minimize days in Accounts Receivable (A/R).

Operational KPIs We Guarantee

Claims Clean Rate (Initial Pass) 99.2%
Average Days in A/R 14 Days
Denial Resolution Rate > 92.0%
RCM Quality Standards

Clean Claim Rate (CCR) & Prompt-Pay Adjudication Timelines

In healthcare revenue cycle management, the Clean Claim Rate (CCR) represents the percentage of claims successfully processed and paid on their first transmission with zero human intervention or carrier denials. Achieving a top-decile clean claim rate eliminates costly resubmission fees, decreases Days in A/R, and maximizes liquidity.

Standard Formula

Clean Claim Rate Calculation

CCR = (First-Pass Paid Claims / Total Claims Submitted) × 100

Millennova’s triple-layer clearinghouse rules enforce a 99.2% first-pass resolution across all medical specialties.

Industry Standard

HFMA National Benchmark

Average: 85.0% – High Performer: 95.0%

Standard clinical groups lose an estimated $25 to $118 per claim in operational re-work costs on first-pass denials.

Millennova Standard

Guaranteed Performance

99.2% Clean Rate • < 14 Days A/R

Automated claim scrubbing catches modifier mismatches, patient eligibility lapses, and CPT unbundling before transmission.

Payer Category Statutory Prompt-Pay Window Millennova Clean Claim Adjudication Late Payment Penalty Standard
Commercial Payers (BCBS, UHC, Aetna, Cigna) 30 to 45 Calendar Days (State Prompt Pay Acts) 11 to 15 Calendar Days Average Statutory interest penalties (up to 18% APR depending on state jurisdiction)
Medicare Part B (Electronic Claims) 14 to 30 Calendar Days (CMS Payment Floor) 14 Calendar Days Direct Deposit Prompt payment interest pursuant to Section 1842(c) of Social Security Act
State Medicaid Agencies 30 to 90 Calendar Days 18 to 24 Calendar Days Late-payment interest mandated under federal Medicaid parity provisions
Workers' Compensation & PIP 30 to 60 Calendar Days with Itemized Treatment Notes 21 to 28 Calendar Days Mandatory state insurance commission administrative penalties
Help Desk

Frequently Asked Questions

Get fast answers to standard procedural queries regarding our RCM models.

The Clean Claim Rate (CCR) measures the percentage of medical claims paid on their first submission without being rejected, denied, or manually reworked. The formula is: (Total Clean Claims Paid on First Pass / Total Claims Submitted) × 100. Millennova maintains a 99.2% Clean Claim Rate against the national HFMA benchmark of 95%.
We compile regional geographic cost metrics and clinical necessity documentation to appeal OON claims underpayments. When insurers pay claims below reasonable out-of-network schedules, our specialized auditors submit structured administrative appeals that hold payers accountable to fair market pricing.
Our infrastructure supports continuous dual-synchronizations with almost all modern EMR platforms, including Epic, eClinicalWorks, Athenahealth, AdvancedMD, DrChrono, and Kareo. We utilize secure file transfer protocols and custom APIs to seamlessly move data without interrupting your clinical staff.
Our clean claim rate of over 99.2% is maintained through daily claims scrubbing and real-time coding validation engines. When patient billing information is posted, it runs through automated clearinghouse rules that isolate error factors (e.g., typos, invalid insurance codes, wrong CPT/ICD mappings) before physical dispatch.
Custom Integration Consult

Need help designing or scaling your billing infrastructure?

Our enterprise integration architects will review your administrative systems, outline leak vectors, and design a customized delivery blueprint. 100% free of charge.