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How?
How?
Technology can make your revenue cycle more accurate and efficient, helping you reliably verify insurance, reduce missed appointments, ensure precise coding, and limit denials. To identify optimization opportunities, our three-step approach assesses, optimizes, and maintains improved revenue cycle business processes.
- Workflow analysis
- Eliminate redundancies
- Increase operational efficiencies
- Cost reductions
- Reduce denials
- Improve patient engagement
- Increased patient collections
- Increased automated processes
REVENUE CYCLE ANALYSIS
REVENUE CYCLE ANALYSIS
We begin with a rapid, high-level, end-to-end assessment, specific to your vendor environment and inclusive of all significant systems. Through staff interviews, observation, and workflow and data analysis, we evaluate all processes from patient access through customer service, looking for opportunities to improve your revenue cycle. Following the assessment, a report is developed with suggested optimization improvements and their value propositions, where possible.
OPTIMIZATION
OPTIMIZATION
Establish KPIs
Establish KPIs
There are few projects that generate more dramatic and fast ROI than Revenue Cycle Optimization. Our team continues its work with you to capture, measure, and document success, looking at both your month-to-month progress and how you compare to industry standards. Adjustments are made and additional improvements identified—our objective is to ensure the changes maintain and continue to drive positive results.