ParaRev is a Revenue Cycle Management (RCM) outsourcing partner, since 1985 working side-by-side
with clients to optimize hospital revenues with cutting-edge technology, expert staff, and decades of
experience in the full span of RCM.
On the front end of the revenue cycle, ParaRev provides an extensive product line covering pricing,
coding, compliance, and contract management services to hospitals and physicians.
ParaRev also serves the middle of the revenue cycle spectrum as a leader in hospital accounts receivable
(AR) recovery and resolution across all payer and denial classes. We provide our clients a smooth and
easy implementation process, ongoing consultation, and a powerful approach to AR recovery and
resolution, relying on a combination of robotic process automation, intelligent automation, and staff
specialization. Beyond recovery, ParaRev provides detailed trend analytics to clarify pain points and
optimize revenues.
Finally, ParaRev provides hospitals with zero balance services incorporating a comprehensive review on
the back end of the revenue cycle that pressure tests patient accounts for clinical and billing integrity.
Through our zero balance processes, we help collect “the uncollectable” and minimize future exposure
to lost revenue.
