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New Revenue Cycle Management Service Unveiled

03/13/2025

A new solution to alleviate the challenges posed by insurance claim denials and make it easier for providers to salvage denied claims and increase their reimbursement was on display at the 2025 American Academy of Dermatology (AAD) Annual Meeting in Orlando, Florida, as Nextech previewed the latest enhancements to its 2025 Best in KLAS®-winning technology platform.

Nextech's recently launched revenue cycle management (RCM) professional billing services was among the new advancements in the spotlight. Insurance claim denials have steadily risen in recent years, impacting cash flow, increasing administrative burdens, and creating operational inefficiencies for providers, and Nextech RCM is designed to alleviate these challenges.

"Managing a practice’s revenue cycle has never been more complex, with evolving payer requirements and increasing claim denials creating significant challenges for providers," David Metcalfe, Chief Technology Officer at Nextech, said in a press release. "With Nextech RCM, we’re providing specialty practices with integrated, intelligent solutions that streamline billing workflows, reduce administrative burden, and help maximize reimbursement—so providers can focus on delivering exceptional patient care."

RCM is fully integrated within Nextech's specialty-specific platform and includes a comprehensive package of services that can be customized to suit an individual practice's needs and priorities, whether that’s sending unpaid patient responsibility to collections or executing on a patient payment plan.

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