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SAVI Group: End-to-End Medical Practice Management Support Services

SAVI Group: End-to-End Medical Practice Management Support Services

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Sumit Mahendru,Managing Director

Sumit Mahendru, Managing Director

Revenue is the fuel that keeps a business entity running. However, the challenges facing healthcare providers in terms of timely, accurate, cost-effective medical billing and collections are a plenty, making it an uphill battle for medical practices to stay viable. With medical practices looking to achieve maximum reimbursement as quickly as possible, the need of the hour is best-in-class medical billing services and collection solutions. Answering this need of the industry with expertise is SAVI Group, a provider of medical practice management support services such as Revenue Cycle Management (RCM), Medical Coding, Document Management, Analytics and Consulting.

Founded in 2004, SAVI is focused on making the business of medicine better. “We believe that physician’s went to school to care for their patients and not worry about collections, coding compliancy or running a business,” says Sumit Mahendru, Managing Director, SAVI Group. Using a combination of people, process, and technology, the Orange, CA, based firm goes the extra mile to
ensure that physicians only focus on providing care for their patients.

Extension of Support Staff
With healthcare being its core area of expertise, several medical practices falter in taking care of the business aspect of the practice. Acting as an extension to clients’ office staff, SAVI’s RCM solutions take care of the front office, medical billing & collection along with denial management. Right from taking care of patient registration, insurance & benefits verification, charge capture, correct ICD codes and claims processing, team SAVI handles it all.

"We use the data to ensure payer compliance, best coding practices, and raising reimbursements while lowering denials"

In order to help clients navigate easily through the complex healthcare environment, the company seamlessly integrates these modules with clients’ practice, including EHR/EMR system and revenue cycle management. Unlike most players in the market, SAVI ensures the inclusion of patient RCM in the entire mix as well. The ISO 27001 and HIPAA complaint team also leverages its partnerships with technologies such as Papaya to ensure the best outcomes for its clients.

Analytics for Better Business Decision Making
Any business is akin to a living and breathing organism that doesn’t stay stagnant but must grow with time. In order to facilitate physicians and business owners to make the best business decisions, SAVI has developed its primary
offering as a Hybrid version of the typical revenue cycle management, which not only manages the cycle & focuses on reimbursements, but also makes use of its proprietary technologies to grow the practice further.

Counting data-driven outcomes as its primary market differentiator, SAVI’s analytics division is tied into each of its service modules. “We use the data to ensure payer compliance, best coding practices, and raising reimbursements while lowering denials,” adds Sumit. Having made large investments in the analytics and consulting space, SAVI not only manages its current clients, but is also in a position to help potential clients with any current billing issues.

Every Client’s Strongest Ally
The tech-savvy firm leverages various internally created tools for the bulk of its workflow such as Optum Encoder Pro for coding and AAPC Coder to ensure that every compliance is being met. SAVI that has gained the spot of a leading provider in the mobile health, laboratory, and remote monitoring services domain is unwaveringly helping clients achieve massive YoY growth, achieve revenue goals and in some cases, get large investments. Having amassed a clientele of over 100 physicians across multiple medical specialties ranging in size from a single practitioner to large multispecialty groups, hospitals and pharmacies, team SAVI is gearing-up for aggressive growth. In its next phase of growth, SAVI is looking to launch its proprietary BI platform, SAVI Sense and achieve doubled revenue growth.