In today’s fiscal environment, proactive health care organizations need help in reviewing business office operations to ensure best practices are being utilized. BKD Health Care Group offers an unbiased, results-oriented approach to analyzing your revenue cycle and business office issues.
Financial Indicators
If your facility is experiencing a decrease in cash flow, increase in days in accounts receivable, an increase in write-offs and a high volume of 3rd party denials, to name a few, you may want to consider an operations assessment to determine where the revenue leakage is occurring.
Our business office operations assessment includes the following procedures:
Potential Benefits to You
Improves revenue capture
Improves cash flow
Decreases denials
Analysis of business office operation
Analysis of registration process to identify process problems
Analysis of charge capture process
Improvement of days in accounts receivable
Improvement of upfront collections process
Work with benchmarking and performance measures from which to build a functional denials management process