A One-Stop-Shop for Medical and Radiation Oncology Billing News
Due to constant advancement of medical technology and healthcare regulations, oncology billing is a dynamic, fast-changing industry. RC Billing wants to keep clients on the leading edge of what's happening, so we maintain this area of the website as a "clearinghouse" for information about oncology news, local coverage determination, CPT codes, IMRT billing and coding and general oncology billing services. Whether it's a legal change that could affect our industry or just an opportunity to pass along the latest news, you'll find it here.
RC Billing in the News
RC Billing Named in Austin Business Journal's 2011 List of Fastest Growing Companies
AUSTIN, Texas – October 28, 2011 – The Austin Business Journal has named RC Billing to its 2011 Fast 50, the list of 50 fastest growing privately-held companies in the Austin area. The Fast 50 ranks companies based on compounded annual average sales growth over three years. RC Billing was named #21 in the $500,000 to $9,999,999 category.
RC Billing showed an Annual Growth Rate (Compounded) of 24.86%. "Our key to growth is sub-specialization in the reimbursement industry and striving to be #1 in the nation with regard to reputation, respect and knowledge base," said Ron DiGiaimo, CEO of RC Billing. "We benefit from the intelligent, vibrant energy in Austin-it inspires a highly motivated employee base with increased innovation, and new solutions to old problems. We hope to grow our company by 30% in 2012."
Based in Austin and founded in 2002, RC Billing specializes in business aspects of medical and radiation oncology, including billing, coding and collections, and delivers enhanced profitability and a better bottom line. As medical billing specialists, they serve physicians and cancer centers nationwide, providing expert knowledge of medical and radiation oncology to look for and find every billable service and every recoverable expense, while maintaining compliance.
RC Billing Recognized for Growth in Oncology Billing Services Market
AUSTIN, Texas – October 26, 2010 – Local company Revenue Cycle Billing Services, Inc. (RC Billing) has been recognized by the Austin Business Journal as the 13th fastest growing company in Central Texas. RC Billing showed AGR Compounded Growth in 2007-09 of 59.98%. Ranking was based on demonstrating annual net revenue for the past three fiscal years of more than $500,000. Of the 50 companies selected for this award, RC Billing was one of 25 in the $500,000 to $9,999,999 category. The other 25 companies recognized were in the $10 million-plus category.
All companies named are independent, privately held corporations, proprietorships or partnerships headquartered in the Central Texas, 5-county area. RC Billing specializes in physician healthcare billing and collections for medical and radiation oncology. Ron DiGiaimo, CEO said, “The key to our growth has been consistency with high quality deliverables, responsiveness and customer satisfaction. For 2011, we are targeting at least an additional 25 percent growth.”
DiGiaimo went on to acknowledge that RC Billing’s biggest challenge will continue to be the changing reimbursement environment due to changes made in Washington DC in regards to Medicare. He is also mindful that as the company continues to grow, finding enough qualified or trainable staff that meets the Company’s standards could pose ongoing challenges but this is possible due to the company’s internal training program.
RC Billing assists oncology professionals with reimbursement, coding and billing services. This singular focus allows them to help oncology practices spend more time directly on patient care, and allows RC Billing to ensure billing and coding is complete and accurate. RC Billing is comprised of a href="oncology-billing-team">financial experts with medical backgrounds.