Revenue Enhancement Services
The revenue cycle is a complex series of interrelated business processes that require strong management skills and expertise, a robust set of internal controls and a significant investment in technology. A well functioning revenue cycle is critical to the financial health of all provider organizations.
A Value Based Approach To Revenue Management Redesign
Our revenue cycle professionals assist clients in understanding the current state of financial operations and in designing a future state that results in enhanced cash flow, improved business processes, better utilized technology and increased net patient revenue. We conduct on-site assessments in order to benchmark the organization to its peers and to identify areas for improvement. We redesign internal controls, business processes, reporting capabilities and the use of technology in order to prepare the organization for short- and long-term sustainable improvement. We then provide training, education and/or interim support so that the future state is implemented effectively and with minimal interruption to daily operations. If the assessment reveals cash acceleration opportunities, our team will provide on-site assistance in reducing claims backlogs or implementing short-term solutions that have an immediate impact on revenue.