Better Revenue Cycle Management for Improved Financial Results
Find cash falling through the cracks and achieve greater efficiency.
Revenue Cycle Management
The hospital Revenue Cycle Management (RCM) process has become complex, and finding the right mix of talent, process and technology is increasingly difficult. We help rural and community facilities improve processes and staff skills, reduce cycle time, trim costs and improve cash flow. ResolutionRCM, a QHR Health company, helps you deliver on the promise of providing local healthcare.
Target cash flow
ResolutionRCM
Improving cash flow requires fine tuning many levers of a complicated system. ResolutionRCM, a QHR Health company, provides hospital revenue cycle consulting that focuses on fixing the problems that stand in the way of optimal cash flow.
- We identify areas where the facility has not received the reimbursement for which it is entitled
- We place personnel on-site to clean up backlogs of aged receivables (and provide training to prevent the backlog from recurring)
- We improve system conversion through the maintenance of pre-conversion performance in cash collections, accounts receivable and bad debt expense
- We can supply interim staffing to adequately manage and operate the business office using the hospital’s existing billing software
- We provide experts to recognize and address coding and compliance needs, challenges, opportunities and risks
Article
Reducing Costs and Improving Reimbursement
State of healthcare reimbursement Healthcare, and specifically hospitals, have been facing financial pressures for decades. Becker’s reported in their August...
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