Thrive RCM

Medical Billing Services For Mental Health Professionals

30 N Gould St, Sheridan, Wyoming 82801, United States

https://thrivercm.com

Thrive RCM Overview

Year Founded: 2019

Employees: Under 49

Minimal Budget: Inquire

Average Hourly Rate: $20/hr

Thrive RCM provides end-to-end revenue cycle management and medical billing services tailored to mental health professionals and healthcare organizations. Its offerings include medical billing, medical coding, credentialing and enrollment, insurance verification, claims submission, payment posting, patient billing, old accounts receivable (A/R) management, denial management, custom reporting, and practice audits. The company works with major commercial insurance providers, including Aetna and Blue Cross Blue Shield, as well as government programs such as Medicare and Medicaid. It also supports the preparation and processing of reimbursement forms, including CMS-1500, CMS-1450 (UB-04), and CMS-1728-20.

The company manages billing workflows from patient registration through final payment, with the stated goal of increasing reimbursement, minimizing claim denials, and improving financial performance. Its services include automated claims processing, billing error identification and correction, proactive denial resolution, and daily rejection management to help prevent backlogs. Thrive RCM also provides credentialing services, handling documentation collection and verification with insurance companies and regulatory agencies. Its old A/R management service focuses on recovering overdue balances aged 90 days or more, while monthly practice audits are designed to identify billing issues, maintain accurate records, and support compliance.