WE HELP HOSPITALS COLLECT MORE OF WHAT THEY’RE OWED
At Hospital Revenue Cycle Solutions, we have the technology, experts, and processes to analyze the big data in your hospital and provide you with the information that will help you recoup more of your patient revenue.
Our hospital clients keep coming back to HRCS because we efficiently and effectively help them collect more of what they are owed. Our experts not only work out A/R, but also manage denials and remediate root issues at their source through the trend analysis of your organization’s big data.
Let us help you find the answers to these questions and more:
- Which are our problem payers that consume the most of my staff’s time?
- What are the top three reasons for our claim denials?
- Which accounts have been written off as uncompensated care that were actually eligible for Medicaid coverage?
- What money might we have left on the table?
We work to get your revenue up and keep it up.
Eligibility verification done prior to patient arrival to assure insurance payment for services rendered.
Aggressive, yet professional, pursuit of payment from insurance companies and patients to resolve aging A/R. Demographic and charge entry and tracking with regular reporting to manage receivables.
We can turn up to 85% of your existing Credit Balances into Net Income. Most Credits are not actually money you owe someone else. Credit Balances usually occur as a result of honest mistakes, errors in processes, or simply due to the timing of payment. It takes expertise to effectively and efficiently move the correct Credits from your Balance Sheet to your P&L as Net Income.
Pursuit of full payment on claims, resolution of underpaid claims,and submission of secondary claims.
Analysis of RAC determinations, preparation of response, and oversight of appeal process.
Big Data analytics to determine trends and patterns in denials in order to resolve them at their root cause.
We quickly and easily capture missing or overlooked Net Income with Credit Balance Scrubbing, DSH Payment Validation, Fee-For-Service Review, Technology Transition, Single Payer Negotiations/Issues and more
WE WOULD LOVE TO HELP YOU.
Contact us today to get started.