Revenue Cycle Analysis
While it appears that reform is inevitable, there is no reason to be financially unprepared. Physicians still have control over ensuring their practice is operating efficiently and maximizing revenue collections. An evaluation of the revenue cycle process may be a priority as offices struggle to keep up with multiple demands and potential reform.
The advantages of performing a revenue cycle analysis are multi-fold. By Identifying and analyzing the steps within your revenue cycle process, we can locate lost revenue, identify deficiencies in the front desk process and reduce the number of denied claims by insurance companies. Also, employee and patient satisfaction can increase due to simplification of processes and accuracy of information.
Call one of our healthcare consultants to schedule a Revenue Cycle Analysis today.