Revenue Cycle Optimization
The healthcare industry landscape is ever changing. Margins are decreasing at a steady pace. Healthcare organizations, from system wide to physician specific, must meticulously manage financial performance while providing safe, excellent care and improve the patient experience. Patients currently expect faster, cheaper, safer care and are more informed than patients of days past. This retail-driven consumerism is more expensive to provide and systems need to ensure they optimize all revenue cycle opportunities. Our customized approach creates a culture of accountability with process improvement to achieve optimized revenue performance.
Leveraging our in-depth knowledge and experience, coupled with industry best practices, we provide customer focused revenue cycle optimization consulting services. Through a robust assessment and EMR optimization, and Lean Six Sigma process improvement techniques, we assist our clients achieve enhanced sustainable revenue cycle performance.
- Provide comprehensive data-driven, all-encompassing organizational revenue cycle assessments with 45/100-Day action plans. These plans assist with achieving faster financial turnaround for dramatic results.<.li>
- Optimize EMR functionality for revenue cycle management Leveraging best practices and strategies
MRN Healthcare Management’s Revenue Cycle Consulting Services
On average, our clients can expect to achieve 1%-3% improvement in net revenue though MRN Healthcare Management’s revenue cycle optimization initiatives.