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>> Benefits
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OUR SERVICE
RCS can help you analyze your current revenue cycle operations and focus on ways to
improve revenue capture and collection. Revenue problems rarely stem from a single source;
they are most often the result of deficiencies in education, training, staffing levels, workflow,
or poorly implemented computer software. Each deficiency must be addressed as part of
a coordinated solution to obtain real improvement.
As the first step of our RC Review,
we establish baseline measurements of a provider's
financial and revenue cycle performance and create applicable benchmarks. We'll send
experienced Revenue Cycle consultants on-site to gather the information necessary to
provide you with recommendations in the following areas:
- Scheduling / Pre-registration
- Admissions / Registration
- Insurance Verification
- Charge Processing
- Billing
- Follow up / Collections
- Payment Posting
- Bad Debt / Agency Management
We will complete a detailed operational assessment of the revenue cycle to identify opportunities
for improvement, while also focusing on operational and documentary compliance with
HIPAA privacy and security standards. We'll then provide a written work plan containing
an assessment of your overall revenue operations, and recommendations for the creation,
implementation and monitoring of workable solutions.
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