PORTLAND, Maine--(BUSINESS WIRE)--BerryDunn, a full-service assurance, tax, and consulting firm, is pleased to announce the restructure of its Revenue Cycle Management (RCM) team, poising to meet continued demand from the healthcare industry, including hospitals, community health clinics, and senior living facilities. The expanding RCM team is headed by Principal Denny Roberge.
According to a 2023 Mordor Intelligence report, Global Healthcare Revenue Cycle Management, the RCM market was valued at $9 million in 2023 and is forecasted to expand more than 12% from 2024 to 2029. Several factors have caused healthcare providers to seek more outsourced RCM services, including decreased elective surgeries, the higher cost of care for COVID-19 patients, an increase in claim denials, and a shortage of nonclinical staff.
Hospitals, health clinics, and senior living facilities are seeking more expertise from third-party medical billing professionals and RCM consultants like BerryDunn to improve patient access, increase insurance reimbursements, and improve financial positions. According to Roberge, “We can help healthcare clients gain control of financial challenges with our full-service approach that increases cash flow, improves the entire revenue cycle, and provides management support when finance offices are short-staffed.”
BerryDunn provides expertise on common billing errors, claim denials, and compliance and credentialing issues to help ensure the integrity of accounts receivable (A/R). Unlike firms that specialize only in RCM, BerryDunn provides an independent, end-to-end perspective, as well as resources for clients such as this revenue cycle outsourcing checklist. “Our team has hands-on experience in healthcare finance, including accounting, auditing, EHR consulting, and monthly processes and reporting,” says Roberge. “Working with us, you’ll find our in-depth approach is hard to match by other service providers.”
With a special niche in the industry, BerryDunn provides a full range of accounting and consulting services to mid-size and large clients, offering more personalized services with the strength and breadth of a large firm.
About BerryDunn
BerryDunn is a nationally recognized firm providing assurance, tax, and consulting services. Evolving over the years to stay on the forefront of the many industries it serves, the firm’s mission has remained constant: To help each client create, grow, and protect value―while delivering exceptional service based on integrity, expertise, and a constant commitment to client success. BerryDunn serves clients from its eight offices with 800 employees across the US and territories. Learn more at berrydunn.com.
