Enterprise Healthcare Platforms & Analytics

Revenue Cycle Performance Assessment

Use your data to find out how to help your healthcare organization drive better outcomes.

Impact across the revenue cycle

Most revenue cycles of healthcare organizations are inefficient.

You have to worry about many factors that impact your bottom line. Changing compliance regulations, unknown payer behavior and workflow inefficiencies block you from efficiency.

You need to be able to assess the status of your organization and revenue cycle operations.

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Your data can work for you

Gain insights about your data from accurate analysis of your organizations's revenue cycle. There are five key improvement areas that we use to test your revenue cycle. When performed together you can achieve the goal of enhancing your organization's capabilities.

 

Efficiency

An efficient revenue cycle optimizes the collection process.

Compliance

Compliance is ever-changing and providers are overwhelmed.

Accuracy

Ability to understand, handle, and learn from claim denials.

Capacity

Ability to control the flow of data from order to collections.

Automation

The use of technology to reduce human effort.

Performance Assessment Results
and Improvement Roadmap

After completing the performance assessment process your organization is provided a performance improvement roadmap with recommendations at the organization, process and technology levels. Your results will allow you to compare financial performance across multiple metrics against these results compiled from your entire Revenue Cycle.

Customized to your needs

Not all healthcare organizations are the same. Our performance assessment is specifically tailored to your organization. Each key improvement area has a set of goals and key practices.

Goals summarize the conditions that must exist for that key improvement area to have been implemented in an
effective and lasting way.'

Key practices describe the elements of infrastructure and practice that contribute most effectively to the implementation and institutionalization of the key improvement areas.

Key Practices

Commitments

Abilities

Activities

Metrics

Verifications

Commitments

Commitment are actions an organization must establish to see success. This involves implementing organizational policies, which are monitored by an established revenue cycle manager. They are responsible for delegating responsibility and ensuring the improvements are adopted and maintained company-wide.

Commitments

Commitment are actions an organization must establish to see success. This involves implementing organizational policies, which are monitored by an established revenue cycle manager. They are responsible for delegating responsibility and ensuring the improvements are adopted and maintained company-wide.

Abilities

Abilities refers to the preconditions that must exist in the organization in order to successfully implement the improvements. This involves resources, organizational structures, and training.

Abilities

Abilities refers to the preconditions that must exist in the organization in order to successfully implement the improvements. This involves resources, organizational structures, and training.

Activities

Activities are the roles, and procedures necessary for implementing an improvement area. They involve establishing plans and procedures, performing and tracking the work, and taking corrective actions when they are necessary.

Activities

Activities are the roles, and procedures necessary for implementing an improvement area. They involve establishing plans and procedures, performing and tracking the work, and taking corrective actions when they are necessary.

Metrics

Performance indicators are critical measures that help evaluate the success of an organization in attaining improvements in a certain area.

Metrics

Performance indicators are critical measures that help evaluate the success of an organization in attaining improvements in a certain area.

Verifications

Verification describes the activities that are performed in compliance with the process improvements. They encompass reviews and audits by management.

Verifications

Verification describes the activities that are performed in compliance with the process improvements. They encompass reviews and audits by management.

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