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Bringing strategic business expertise to medical practice, Zymeda started with an idea to help the doctors understand the big picture of healthcare finance
Armed with a high-performing team of industry experts, Zymeda engages potential practice management and revenue cycle clients in a collaborative assessment process that commences with a discovery phase, inclusive of visioning and strategy sessions. Zymeda uses an evaluation checklist of requisite data to subsequently scrutinize EOBs, financial statements, contracts and more to help the client identify potential revenue deficiencies and payment issues negatively affecting the practice’s financial performance. This process drives a well-strategized transition plan for integrating new practice management clients into the Zymeda portfolio. Helene adds, “We go through a transition timeline of at least 60 days to onboard a client. In certain cases, we accelerate the process depending on the EMR/EHR they use.” The experienced consultants then handhold the client through training and implementation, ensuring a comprehensive high-power revenue cycle with minimum possible disruption to cash flow. With deep roots as a billing company, Zymeda also delivers a complete package of contracting, credentialing and claim coding, capitation and collections, and other revenue cycle services to improve cash flow and profitability while enhancing staff and patient satisfaction.
Helene explains an instance when Zymeda assisted a pediatric group to drive their practice to success. The practice was struggling every month to both manage payroll and meet access needs of patients. Zymeda’s experts worked with the client to develop a business plan that perfectly fit the practice. After regular meetings with the managers, service providers, and practitioners, Zymeda rolled out a new strategy and vision which allowed the client to remain proactive in taking care of patients, implement chronic care management services and eliminate many of the day-to-day struggles of operating a practice. Following Zymeda’s strategic plan, the client practice has added over 12,000 managed care patients in less than six months, improved patient satisfaction and increased cash flow.
Moving ahead, Zymeda aims to deliver creative solutions, emphasizing partnership between independent physicians and hospitals, to drive better financial and healthcare outcomes for their clients.
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Company
Zymeda Provider Solutions
Headquarters
Moreno Valley, CA
Management
Helene Beilman-Werner, President & CEO, Zymeda Provider Solutions
Description
Founded in 2012, Zymeda Provider Solutions formed in 2012, help physicians with healthcare administration, especially in the decision-making process and subsequent execution of strategic and operational initiatives. The company offers a comprehensive portfolio of practice management and strategic consulting services and is committed to positioning independent, employed, and hospital-based physician practices for long-term success. Zymeda is mainly focused on providing physician practices with the consulting services, process improvement, operational benefits, and revenue cycle capabilities enjoyed by large medical groups. From contracting and claim coding to capitation and collections, Zymeda provides high power revenue cycle services that any practice can afford