Revenue Cycle Services
Inadequate Revenue Cycle management can cost a hospital one to three percent of annual net revenues. Health systems are finding that traditional efforts to reduce expenses do not sustain financial margins. As a result, they are seeking bottom line improvements by changing back office activities and Revenue Cycle business practices.
At CampbellWilson, we continually evolve new Revenue Cycle approaches to help health care organizations optimize financial performance. Our clients have sustained long-term, bottom-line improvements such as reduced bad debt and denials, improved claim processing, variable cost reductions, improved efficiency, and increased cash flow.
Benefits of improving your Revenue Cycle processes include:
- Revenue Cycle Key Performance Indicator Analysis and Improvement Assistance
- Operational Assessments and Solution Development
- Operational Standardization and Redesign
- ICD-10 Implementation Assessments
- Medicare Recovery Audit Contractor (RAC) Program Assessments
- Performance Improvement Solution Implementation
- Managed Care Contracting Analysis
- Patient Satisfaction Improvement Strategies
- Denial Management, Bad Debt, and Charity Operational Improvements
- Workflow technologies to sustain improvements
For more information, contact us at 800.723.6492 to speak to one of our experienced consultants or email us for more information: info@campbellwilson.com.
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What Our Clients are Saying
"CampbellWilson's breadth of knowledge on regulatory and finance issues allowed us to recover lost funds and discover new income streams and apply them toward these types of health care initiatives." —Vernon Moore, Vice President, Business and Finance, UTHSC at Tyler
"This is a time when being good isn't good enough. You have to have great operations. CampbellWilson staff bring a lot of experience to the table to help us in the process, and I would hire them again and would highly recommend them to other hospitals." —Keith Barber, COO and CFO, Tomball Regional Medical Center
"We want to make sure we aren't missing anything. We don't want to leave anything on the table. ...CampbellWilson staff have a special area of expertise; this is what they do day in and day out. We are very happy with their services." —William Galinsky, Assistant Executive Director of Finance, Scott & White