>> The Challenge
>> Our Service
>> Our Approach
>> Benefits

OUR APPROACH

• In-depth discussion with senior management to ascertain concerns and discuss program objectives
• Interim management plan developed and implemented
• Essential report information identified and validated with appropriate hospital personnel
• Pertinent information extracted and used to create indices and benchmarks including:
  • Aging Analysis by Payer
  • Unbilled Accounts Receivable
  • Late Charge Postings by Service Area
  • Service to Billing Timeframes
  • Billing to Follow-Up Timeframes
  • Service to Collection Timeframes
  • Claim Denial Volumes/ Amounts /Types
  • Bad Debt / Bad Debt Recovery Levels
  • Cash Collection to Net Revenue Ratio
  • Cost to Collect
    
• Key financial indicators validated and measured for optimal performance
• Customized plan drafted to address adequacy of existing staff, prioritization of daily tasks, and implementation and monitoring of department goals