Your top priority is: providing patients the right care, at the right time, in the right place, and doing it on demand, 24 hours a day, seven days a week. However, you are faced with several challenges including:
- Payment shortfalls for Medicare and Medicaid.
- Worker shortages.
- Rapidly rising costs.
- Lack of staff and space to meet growing demand.
- Increase in number of uninsured patients.
RevenueXL and its transformation partners understand the workings of the entire hospital business office, from clinical results through medical records, and we use our expertise to help you analyze the true costs of managing your revenue cycle. This analysis reveals areas of improvement in business processes, staffing, procedures, and even the systems involved in registration, charging, coding, billing, and collections. We then customize a full-service solution that utilizes our proven revenue cycle processes, best practices, technology, and professionals to help drive down your cost to collect while improving your cash flow.
Our solution encompasses two distinct phases:
- Business Process Transformation Phase
- Business Process Outsourcing Phase utilizing our Global Team approach
- Predictable, sustainable and guaranteed results
- Faster turnaround (in most cases, overnight turn around)
- Guaranteed accuracy
- HIPAA compliant facility and processes
- A low-cost solution
- Increase in Net Revenue
- Reduction in A/R levels