Revenue Cycle Management
Understanding where time is allocated is vital to revenue capture, controlling costs, and building efficiency. We identify and report on the best practices for your staff, workflows, and systems to ensure all processes are managed appropriately.
Many 3rd party integrations need to be managed and optimized within a hospital system. Our team of seasoned experts assess what you are using and how you are using it, identify the gaps, and then provide recommendations that will take your organization to the next level.
Regular monitoring and reporting on items like clean claim rates, denials, charge capture, etc., can empower healthcare organizations to proactively address challenges, optimize processes, and enhance overall financial performance for their revenue cycle. Every hospital system is different, that is why we take the time to truly understand what your goals are and establish specific benchmarks that will keep you on track to meet those goals.
Getting the community within a hospital system can be a monumental task. For revenue cycle management to perform at its optimal level, it takes insights from each department involved. Our team of reliable and experienced experts infiltrate themselves with the leaders of each department and set up routine meetings to discuss strategies for improvements in your revenue cycle.
Within revenue cycle management (RCM), vendor selection is a pivotal decision that directly influences the financial health of healthcare organizations. Selecting the right vendor requires a meticulous evaluation process that considers many factors. With our deep understanding of all the revenue cycle systems and years of working with various vendors, we have the experience and expertise that will guide your organization toward the best decisions for your organization.
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MedSys Group is a nationally recognized healthcare IT consulting firm dedicated to clinical and technical advisory consulting and software implementation. We know that healthcare technology is all about people, patients and quality of care and are committed to a level of service that satisfies all.