MDapproach™ to Improve Your Revenue Cycle
Revenue cycle problems are a series of smaller problems that are passed on, from patient
access to billing. Hayes' MDapproach assesses the continuum to find opportunities for
revenue cycle improvement. We review patient access, the clinical cycle and billing in
terms of:
- Operations
- Information systems
- Performance measurement/reporting
- Staffing
We use our EDIminer™ denial management tool to identify the
root cause of your denials. Using this tool, we can quickly and accurately analyze your 837
and 835 HIPAA compliant transactions and identify potential lost revenue opportunities. Our
consultants obtain a variety of other measurable perspectives as well, including:
- Patient access to your services
- Revenue processing and collection
- Patient interaction with the clinical process
- Information systems utilization and integration with your operation
- Staff organization and work performance metrics
- Performance measurement and report generation
MDapproach allows us to successfully design process improvements to get your practice
running like clockwork, maximizing your use of staff and resources. The results are:
- Improved collections
- Increased net income
- Greater patient satisfaction
- More efficient operational performance
- Better process control
- Improvement in the way you do business
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