Now more than ever, healthcare leaders understand the relationship between a successful revenue cycle and the ability to execute their strategic initiatives. Despite this increased focus and awareness, maximizing patient revenue while mitigating financial risk remains a challenge for all providers. From the initial encounter through the delivery of care to final resolution, revenue cycle staff and management are faced with a complex environment requiring both timely and effective management of patient accounts.

MedeAnalytics’ suite of solutions provide daily insight and actionable business intelligence for critical revenue cycle activities including real-time insurance eligibility checking, charity care screens, patient portion estimation, registration quality, billing and collections, payer performance and denials management. Realizing the full value of these capabilities may require changing revenue cycle workflows, policies and procedures. Since individual hospitals and hospital systems have unique needs for their environment, it can be difficult to envision and implement these required changes.

Based on your needs, MedeAnalytics’ Performance Management consultants can help you improve revenue cycle performance from opportunity identification, to the development of an improvement roadmap, to a fully-realized transformation of revenue cycle functions to create measurable and sustainable benefits, as described below:

Performance Improvement Opportunity: Begin your improvement journey with a clear vision of current revenue cycle operations and performance. With minimal impact to your organization, we will identify opportunities and make recommendations for operational and financial improvement through a complete assessment of work processes, performance levels, systems, structures and culture.

Performance Improvement roadmap: Continue your journey with detailed plans to guide each step along the way. Your roadmap includes detailed work plans, resource estimates, process flows, defined staff roles and responsibilities, proposed organization structures, and updated policies and procedures.

Performance Transformation: Reach your destination with our expert assistance to change culture and processes, and ensure measureable and sustainable results. Performance Transformation includes on-site, dedicated implementation of the changes required for industry-leading performance. We take joint responsibility for realizing your objectives.

Our consultants are veteran healthcare leaders, with deep experience in clinical and operational improvement, IT value realization and change management. We have unmatched understanding of how to integrate people, processes and technology-supported best practices. We offer a collaborative, hands-on approach, a willingness to go at-risk for results, and ongoing support and performance monitoring. Contact us to start your journey today.