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Revenue

Critical information delivered accurately and timely to all individuals who support your revenue processes. The processes required to support revenue operations are consistent, optimize productivity and maximize asset utilization.

Performance Management

Measurement – Key Indicators, Calculation Methods, Information Sources, Baselines, Targets, Alignment with Strategic Directives, Incentives

Reporting – Reports Generated, Tiered Reports, Communication, Frequency

Integration with Operations – Use of Indicators and Reports for Operational Use, Action Planning and Resolution Strategies

Enterprise Strategies

Consolidation – Infrastructure, Management, Technology, Scalability

Standardization – Processes, Code Sets, Transaction Sets, Reporting

Redesign – Processes, Infrastructure, Policies, Tools

Automation – Core Processes, Sub-Processes, New Processes

Managed Services

Receivables Outsourcing – Strategy, Ongoing Monitoring

Vendor Management – Quantity of Vendors, Vendor Scoring, Relationship Management, Selection, Contracting

Business Process Outsourcing – Process Beginning and End, Responsibilities Matrix, Performance Targets, Operating Agreements / Contracts, Data Management

Turnaround Services

Unbilled Management – Aged Unbilled Receivables Reduction, Coding Backlog Reduction

Cash Acceleration – Aged Receivables Reduction, Payor Strategies, Write-off Analysis, Outsource Strategies, Reporting, Tools, Denial Management, Payment Variance

Interim Management – Strategic Departmental Leadership, Status Reporting, Resolution Strategies

Training

Service Access – POS Collections, Scheduling, Insurance Verification, Financial Counseling, Coding training for non-certified coding staff

Clinical Staff – Charge ticket completion and order entry management, medical necessity and coding documentation

Business Office – Billing, Collections / Follow-Up, Customer Service, Cash Applications

Systems – Order Entry, Patient Management, Patient Accounting, Add-On Systems, Electronic Billing

Revenue Management – Key Revenue Processes, Basic Revenue Operations

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