For many years hospitals and healthcare organizations have struggled to maintain and improve their operating margins to cover not only current costs but also to finance strategic growth initiatives and investments. They lose far too much revenue due to bad debt, claims underpayments and denials, unbilled services and inappropriate credits, often a result of poor business processes and use of technology.
Our comprehensive Revenue Cycle improvement solution offers a suite of customized services designed to help our clients increase net revenue and improve cash flow. We utilize a proven, innovative methodology that coordinates the use of technology and business processes transformation across all aspects of the Revenue Cycle.
We start with an assessment of your current state of revenue cycle from pre-registration to final claim adjudication and patient account resolution. The findings from the assessment are utilized to develop customized solutions that address all areas of improvement for your unique opportunities rather than relying on a “cookie- cutter” approach. To ensure ongoing success, we implement tools and procedures for monitoring Key Performance Indicators against established industry norms.