Improved Revenue Cycle Management
You have probably invested significant time and expense to improve your revenue cycle systems and processes. Yet, with so many complexities, you likely still have some significant improvements to make. Financial issues dictate that to succeed, you must continue to do a better job, when “good enough” just doesn’t cut it any more.
Fiscal Medics has identified companies that uniquely address key areas that significantly affect hospitals’ performance. You likely have already spent some resources and seen some good results from your efforts in the areas of Medicare Disproportionate Share Hospital (Medicare DSH) payments and in performing lost charge audits. Still, you might be surprised at how much more cash you can add when our specialists apply their skills. You will find that not will these firms increase your cash receipts, they will reduce your costs.
Again, just because you have already gotten some results in these areas, you might think that you really don’t stand to gain enough to even check out how much more cash our specialists can bring you. We want to surprise you with good news. If our specialists did not have a clearly superior track record, then they would not appear on this site. We would be wasting your time and ours. But once you investigate their experience, you will agree that they bring unique approaches and exceptional results to their niche areas.
Additionally, most of the specialists firms listed offer arrangements for fees to be paid only upon successful performance; so, you don’t pay any fees until you get the benefits of their efforts. They absorb the risk because they are confident that they can bring you significant cash.
Check out Medicare DSH now. Don’t miss the deadlines for filing appeals or requests for re-opening. If you face some of these deadlines within the next three months, your time is extremely short in gathering the data to get the additional Medicare DSH that you deserve.
Delays in taking advantage of the services offered in the area of lost charge audits could cost you significantly as well. Since the specialists normally only seeks recovery of lost charges no older than 12 months. Therefore, for every month you delay the start of the project, you will have lost access to the lost charges for each month going beyond 12 months. Too many hospitals take six months or more to review options and make a decision about which firm to use for lost charge audits. By not moving quickly, they can lose more than the entire fee of the firm they choose. Take a look at lost charge audits and see why you should not delay using our specialists.