Revenue Cycle Services

For most healthcare provider organizations, the revenue cycle presents a large opportunity to change the financial outcome of the organization. While revenue cycles have been improved incrementally over the years largely via scattered implementation of technology solutions, we have proven that a holistic revenue cycle management approach will increase net operating margins of provider organizations by up to 7%. This approach has been developed in partnership with healthcare provider organizations and is now available to revenue cycle leaders wanting to change the financial impact of their revenue cycle. We have developed world class organizational layouts, processes, supplemental technologies and process documentation in addition to analysis and improvement methods that can be directly applied to any revenue cycle.

Our award-winning approach to improving revenue cycle operations is based on Toyota Production Systems and includes a portfolio of elements designed to deliver significant increases in performance:

• A comprehensive Performance Management System (Scorecard & Performance Management System)
• Organizational Design change
• Rapid Process Change
• Implementation of supplemental technology such as our patent pending collections technology

These services are available in a multitude of ways to progressive healthcare organizations who are serious about improving revenue cycle performance:

• Implementation of our cohort comparative revenue cycle scorecard using our patent pending methodology. This solution allows for the measurement of revenue cycle performance net of the accounting impact. Due to its unique nature it provides a basis for objective performance comparison far beyond the traditional revenue cycle measures, and allows you to predict how much you can increase your performance.
• Use of our Revenue Cycle Consulting Services group for the implementation of particular improvement elements and technologies. Our services allow revenue cycle leaders to address immediate revenue cycle pain spots while ‘test driving’ the methodology in particular areas.
• Use of our proven comprehensive revenue cycle solution in a partnering consulting arrangement. This path to implementation utilizes our unique expertise in designing world class revenue cycle processes while retaining full ownership of the revenue cycle operations.
• Selection of our on-site revenue cycle business process outsourcing solution. Our revenue cycle BPO solution is a community based solution that brings all the performance benefits associated with the solution in addition to delivering outsourcing benefits, while maintaining the community and employee relations that most provider organizations depend on.

For more information please contact us.

Revenue Cycle Services | Revenue Cycle Consulting Services | Revenue Cycle Business Process Outsourcing (BPO) | Revenue Cycle Scorecard