It seems like every single day, there are changes in the way we handle the healthcare industry. Still, as it changes we will need to revert to the things that make us successful: having a healthy revenue cycle. For many physicians, their offices aren’t running at full financial strength because they haven’t optimized their financial systems. Having a revenue cycle that isn’t doing what you need it to or not performing properly can result in a few things – you can be unhappy with your job, your team underperforms, you won’t make as much money as you could, and everything seems disorganized. This will result in you getting a bad reputation and having to continue to fight against other offices for patients. Revenue cycle consulting fixes that.
Simply put, a lot of things rely on your revenue cycle, which is why it needs to be firing on all cylinders. If it isn’t, revenue cycle consulting services might be your best approach. A revenue cycle consultant will help you with the organization of your practice, heightening the amount of patient and physician engagement, improving your information technology, and reporting key information in a timely manner.
When the little details of your office are under control, everything else seems to run a lot more smoothly. Health systems can be complicated and confusing, but they are necessary. A good revenue cycles will have cash collections that work on time, meaningful reports that tell you where you are doing well, and even more importantly where you aren’t, and connects with your patients and their insurance companies on a meaningful level. In return, you get a workplace that is systematic, functions well, and is a better place to work.
Revenue Cycle Consulting helps to maximize your revenue, keep your offices running, and give you more time to talk to your patients. Even better, we talk to the people in your workplace to see where any of the trouble starts – whether it is a system that doesn’t work because it hasn’t been update or human errors that keep getting replicated.
We focus on your entire revenue cycle, looking at the smallest details to see where you are headed. Our team of experts understands that each office is different and wants to work with offices that are different – we know the revenue cycle is not a “one size fits all” type of thing. Instead, it is a requirement but there is a lot of wiggle room.
Our healthcare revenue cycle consulting firm provides expert opinions and consulting on patient access, professional fee billing, collections, and accounts receivable management.
Our approach to revenue cycle consulting is centered around you – we take what we see and we develop a plan of attack to improve what you have, but not necessarily change it or make it too foreign from what you already know.
We will look at what you are doing now and how it impacts your business. This includes the areas where you are currently performing extremely well and the areas where you still may need some help. We do this so you can get a detailed look at what the future may be.
Next, we develop new policies and procedures that can help you to succeed. We do this through a collaborative effort between our team and yours. We may redesign your front-end revenue cycle so that it meets with guidelines. We could also redesign the central business to take tasks and automate them, reducing the workload on your individual team members.
We help you to keep your business running through our team of expert coders and billers. We recruit and hire only the best of the best, so your business will live up to your standards and still face success.
Your financial success doesn’t have to be in jeopardy when you get overwhelmed. You don’t have to lower the number of patients that you have nor do you have to take more time to fill out paperwork. With revenue cycle consulting, we will find the problems that are holding you back and find a way to fix them.
Simply put, Pulse Revenue Cycle Management helps physician practices by collecting more money! Pulse Revenue Cycle Management customers experience first time claim acceptance rates that average over 98%. And Pulse RCM customers realize an increase in their charges, a significant increase in receipts and fewer days in A/R — shorter payment cycles mean more money, faster!
An intuitive system that works for you with a dedicated support team that knows you by name. That’s the Pulse difference.