Revenue Cycle Management — download pdf
Assessment & Process Improvement
Why should your organization strive for optimal levels of efficiency? BESLER Consulting assists clients with the tools to meet target operational levels. Healthcare organizations are under increased pressure to reduce costs, maximize productivity, and increase cost-effectiveness to in effort increase revenue streams. Best Practices will increase your hospital ROI by reducing denials, decreasing days in AR, and increase clean claim submission. BESLER Consulting will work with your institution to develop a customized plan specific to your organization. (click here to read more)
Patient Access Services
Many healthcare providers have now begun to realize that the key to an effective revenue cycle strategy is to increase cash flow and reduce avoidable denials from the “front end” or patient access area. Healthcare organizations also realize that the traditional registration model needs to be revamped to incorporate contemporary patient access strategies, quality assurance and training programs. These models are proven methods that improve the accuracy and efficiency of the registration department leading to increased revenue stream and healthier bottom line.(click here to read more)
Product Interim Management
The world of Interim Revenue Cycle Management has drastically changed in the last 10 years. The revenue cycle department no longer needs a hired temp to fill staff shortfalls, but a healthcare executive with the industry knowledge and experience to evaluate and implement efficient process changes. The modern Revenue Cycle executive is in the need for talented individuals who are proactive in identifying and tackling everyday Revenue Cycle obstacles. (click here to read more)
Denial Management
Denials are a reflection of institutional billing inconsistencies and hospitals continuously loose millions of dollars annually due to improper codes, registration errors and inaccurate charges. Lets face it, once a claim is rejected, there is on average a 20% chance that claim will never be rebilled. Denial management is not just an effort to recover denied claims, but rather an institutional strategy to reduce the amount of denials altogether. (click here to read more)
Managed Care Contract Reviews
Over the past few years the responsibility of managed care contract compliance has become an overwhelming and time consuming mission for hospitals. Staying current with payment compliance can become a never-ending process if your institution does not have the proper protocols in place to monitor performance. Besler Consulting has a team of experts that can assist with this burdensome task by identifying collectible revenue opportunities that were previously seen uncollectible. (click here to read more)
Contingency
Is your healthcare institution looking for prompt AR recovery? The current healthcare economy has resulted in numerous budgetary shortfalls for many healthcare institutions. The Federal government continues to make cuts in Medicare, Medicaid and Charity Care funding and hospitals are struggling to make ends meet. Besler Consulting has numerous niche services specific to current accounts that can recoup significant retroactive payments to your organization. Our team of consultants will analyze your hospitals current and aged AR to identify tangible payment opportunities. Contingency opportunities initiate current changes to your organizations A/R for future revenue enhancements. (click here to read more)
Services Provided (click here to read more)