REVENUE CYCLE OPTIMIZATION
Optimizing key business operations dramatically improves your revenue cycle and can benchmark your billing operations and staff efficiency. Utilizing a proven assessment methodology, we can examine all core processes within your revenue cycle to ensure your organization is operating at maximum potential.
Count on Beacon Partners to deliver:
- A review of the 12-phase “fly-wheel” of the revenue cycle (from prior-approval through claims adjudication) to assess compliance with your organization’s systems
- A department-by-department review of your revenue cycle, complete with a flow-chart
- An assessment of area workflows determined by interviewing key clinical managers and medical department chiefs
- A review of current systems and process assessments
- An analysis of key revenue cycle performance indicators
- A review, mapping and assessment of all operational, financial and technical systems
Beacon Partners can help you realize significant improvements to your cash flow, reduced A/R days and increased claim submissions. We will also help develop a complete operating plan that encompasses compliance best practices with all regulatory requirements.