Raising Awareness
With hospital financial margins being ratcheted down, providers must constantly strive to improve financial and operational performance. One benefit of APCs is that it has raised the awareness of the revenue cycle process.
Benefits
- Improve financial performance
- Increase efficiency and productivity
- Optimize cash flow
- Reduce bad debt write-offs and third-party denials
Quantify the Impact
Ingenix consultants will review the organizational structure and span of control within the revenue cycle and quantify their impact. Performance will be compared with prevailing industry benchmarks and a set of actionable solutions will be presented upon completion.
Tailored to Fit Your Needs
The Revenue-Cycle Management scope of services generally provides an assessment of the entire revenue cycle, but can be tailored to meet specific client priorities. Seminars educating staff on revenue cycle management are also available.