Suite 1300
Salt Lake City, UT 84111
Block-1 3rd Floor, Perungudi Bypass Rd, Perungudi,
Chennai - 600096
MGR Main Rd,
Perungudi, Chennai - 600096
Villupuram,
Tamil Nadu – 605602
RCM Services for Physician Practices
Smarter Revenue Cycle Management for Physician Practices
Your practice focuses on patients while AnnexMed manages eligibility, coding, billing, A/R, and denials, helping practices improve collections, reduce delays, and stabilize cash flow.
98%+
Coding Accuracy
15–20%
Average Revenue Improvement
< 45
Days In A/R
Explore practice solutions
Medical Specialties
Practice RCM Services
The physician revenue cycle reality
What keeps practice owners up at night?
Flat or Declining Reimbursement
Commercial rates haven't kept pace with inflation. Medicare fee schedule cuts continue. Practices are delivering more care for less reimbursement while operational costs rise every year.
Denial Accumulation & AR Aging
The average practice denial rate runs 8–12%. Without dedicated appeals infrastructure, denied claims age out. Every percentage point in denial rate is direct revenue loss, not a billing issue.
Payer Rules That Change Constantly
Prior authorization requirements expand quarterly. Coverage policies shift without notice. Claim edits tighten. Staying current across 15–30 active payers is a full-time job that most practices can't staff for.
Billing Staff Turnover & Knowledge Los
Front-end billing staff turnover is 30% annually. Each departure takes institutional knowledge, including payer quirks, appeal strategies, and documentation patterns, and resets practice revenue performance.
Specialty Coding Complexity
Generalist billing staff code what they know. A cardiology case coded by someone trained in family medicine leaves revenue. Modifier errors, missed components, and downcoded procedures lead to gaps.
Technology Without Expertise
PM and EHR systems submit claims. They don't know why claims are denied, how to appeal them, or which documentation gaps are costing the practice money. Software is only as effective as the people operating it.
Who we are for physician practices?
We become part of your team - not just a vendor
98%+
Coding Accuracy with Specialty-Certified Coders
15–20%
Average Revenue Improvement Within 12 Months
< 45 days
Days in A/R (vs. 55–75 day industry average)
Recent client results
A 5-provider multi-specialty group increased net collections by 18% within 90 days, without changing EHR, workflows, or front desk staff. A solo orthopedic surgeon recovered $63,000 in denied claims in the first 60 days after transition. A 3-physician internal medicine practice cut A/R over 90 days from 31% to 12% within six months while reducing days in A/R from 68 to 43.
How AnnexMed supports your practice?
Full revenue cycle coverage, from registration to collections
Upstream
Before the claim is submitted
- Eligibility & benefits verified pre-visit
- Prior authorization across all payers
- Charge capture review & gap alerts
- Insurance verification & COB management
Coding & Billing
Our core expertise
- Specialty-certified coder assigned
- CPT, ICD-10, HCPCS coding (98%+ accuracy)
- Modifiers, components & level selection
- Claim scrubbing (95%+ clean claims)
Downstream
After submission, through collections
- AR follow-up & payer management
- Denial management (85%+ overturn rate)
- Patient billing, statements & plans
- Underpayment identification & recovery
Financial impact and performance
What these improvements mean for your practice?
Fast results
Most practices see measurable improvement within the first 30–60 days, improved clean claim rates, faster payment, and fewer denials before the quarter is out
Easy transition
Improvement Area
Estimated Annual Impact
Coding Accuracy Improvement (90% → 98%+)
$50K – $200K+ annually depending on specialty & volume
Denial Rate Reduction (10% → 3–5%)
$30K – $150K annually in recovered claims
A/R Days Reduction (65 → 45 days)
Significant working capital release; faster cash flow
Underpayment Recovery
$15K – $75K annually identified and collected
Staffing Cost Elimination
$67K – $99.5K per FTE replaced annually
Credentialing Acceleration
4–6 months of lost revenue prevented per new provider
Practice Performance Targets
Performance Metric
Industry Benchmark
AnnexMed Target
Coding Accuracy
Industry avg: 90–95%
98%+
Clean Claims Rate
Industry avg: 85–88%
> 95% first-pass
Denial Rate
Practice average: 8–12%
3–5%
Days in A/R
Industry avg: 55–75 days
< 45 days
A/R Over 90 Days
Industry avg: 20–30%
< 15%
Net Collection Rate
Industry avg: 91–93%
> 96%
Appeal Overturn Rate
Industry avg: 45–55%
85%+
Revenue Growth (12 months)
Baseline dependent
15–20%
Why practices choose Annexmed?
In-house billing vs. AnnexMed partnership
Many practices assume in-house billing is cheaper. When you account for all costs, risks, and revenue leakage, the picture changes dramatically:
In-House Billing
AnnexMed Partnership
Annual Cost per FTE
$67,000–$99,500 (salary + benefits + overhead + software)
Included in service fee
Coding Accuracy
90–95% typical
98%+ with specialty-certified coders
Denial Rate
8–12% average
3–5% typical
Days in A/R
55–75 days typical
40–50 days typical
Staff Turnover
30% annual average; months to recruit & train
Zero turnover impact on your practice
Specialty Depth
Limited to one person’s experience
Team of certified specialists in your specialty
Technology
Purchased separately ($3–$7K/year)
Enterprise-grade AI + analytics included
Scalability
Hire additional staff (3–6 months)
Instant scaling within days
Analytics Visibility
Basic reports or purchased separately
Real-time Power BI dashboards included
Accountability
Responsibility diffuses; payers blamed when performance drops
Outcome-based model; aligned success
Real cost example: 3-Physician Practice
In-house (2 billing FTEs)
AnnexMed
$78,000 annual fee + about $195,000 in revenue gained from stronger coding accuracy and collections = net annual financial benefit of +$117,000 per year.
Ready to capture every dollar your practice has earned?
Trusted by 100+ Healthcare Providers | AAPC, AHIMA & AAHAM Certified | SOC 2 Type II | All 50 States
Technology
Powered by proprietary AI & analytics
AnnexMed doesn’t rely on generic billing tools. Your practice benefits from a proprietary technology ecosystem built for healthcare revenue management, included in your service fee, no additional vendor costs.
AI Agents & Automation
AI Agents & Intelligent Automation deploys autonomous AI agents across the full revenue cycle, automating eligibility verification, prior authorization, claims processing, payment posting, and denial management at hospital scale and speed.
Data & Analytics Platform
Data & Analytics Platform delivers real-time Power BI dashboards built for hospital executive visibility, including system-wide KPIs, service line performance, payer analysis, productivity, financial forecasting, and national benchmarking insights.
Intelligent AR Management
Intelligent AR Management handles A/R follow-up at hospital scale with intelligent worklists prioritized by dollar value and aging, payer-specific follow-up rules, automated escalation for high-value accounts, and full accountability for every claim.
Computer Assisted Coding
Computer Assisted Coding orchestrates hospital coding operation, intelligent chart assignment by service line, TAT tracking with SLA monitoring, quality audits with accuracy scoring, and coder performance management at enterprise scale.
Practices we serve
Built for every stage of practice growth
Solo Practitioners & Small Practices (1–3 Providers)
Single-Specialty Groups (3–10 Providers)
Multi-Specialty Practices (6–15+ Providers)
Multiple specialties mean multiple coding domains. AnnexMed assigns the right specialist to each provider, cardiology expertise for cardiologists, GI expertise for gastroenterologists, without managing a large team.
Growing Practices Adding Providers or Locations
Practices Preparing for Sale or Transition
Practice valuation depends on clean financials, predictable revenue, and transferable operations. AnnexMed creates systematic, documented RCM operations with defensible metrics that directly increase practice value.
Technology-Enabled Scalable RCM Platform
AnnexMed provides specialty-certified RCM support across 42 medical specialties?
From cardiology and orthopedics to gastroenterology, neurology, oncology, and primary care, every practice is assigned coders certified in their specific specialty. Not generalists. Not whoever is available.
Case Studies
See the impact we deliver
Discover how AnnexMed reduces denials, accelerates reimbursements, and strengthens financial performance. Backed by measurable outcomes and proven RCM expertise, we deliver operational excellence, revenue stability, and sustainable growth you can trust.
Client Voices
See how our clients succeed
Dr. Andrew Lawson
Dr. Kavita Desai
Sarah Mitchell
Proven RCM expertise. Delivered at scale.
For over 20 years, AnnexMed has delivered RCM solutions nationwide, combining expert billing, coding, and AR support to drive measurable results and growth.
- 20+ years of proven healthcare RCM experience
- 1,500+ professionals supporting billing, coding & AR
- 500+ certified coders across multiple specialties
- 99%+ compliance with HIPAA and security standards
- All 50 states served with consistent, scalable operations
