Business Office Operations Assessment
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
- Improvement of bad debt management
For More Information
Contact your BKD advisor or:
Ann King
BKD Health Care Group Leader
800.581.4290