Revenue Collections
What percentage of your organization’s aged accounts are more than 90 days old?
If you answered more than 5%, you need our Insurance Revenue Collection services.
The Revenue Cycle is at the heart of your organization’s solvency, but if your staff isn’t keeping up with collections or if high turnover is causing money to fall through the cracks, regular evaluations can ensure that the organization stays financially healthy. Our Revenue Cycle questionnaire as part of an initial consultation, as well as evaluation of “Key Performance Indicators,” can help identify areas of improvement to build a solid action plan and get your revenue cycle dollars rolling in.
Aged Accounts getting old?
If your +90-days-old accounts are 5% or more of your total, you need our help. Our team has a stellar track record and can work these accounts, get needed appeals in motion and get your outstanding claims paid!
Turnover disruptions?
Revenue Cycle Management departments can experience high turnover and require additional training. Core can help by coaching new managers and provide your staff with the skill development they need.
Don’t know where to start?
Core’s team of Revenue Cycle experts would like to partner with your organization to help you get the best result possible. You take great care of your clients. Let us help you to bring in the money so you can continue that excellent care.
Revenue Cycle Improvement Package — A 1, 2, 3 Process
This is an investment in your organization that will pay off for years to come.
Step 1: Review payment potential, volume of services, payer contracts and fee schedule. Report back on recommendations to improve reimbursement.
Step 2: Claims processing and payment review with an eye on quality improvement; Top 25 Rejections and Denials review with feedback and recommendations.
Step 3: Aging Report Analysis. Benefit from Core’s expert approach to industry benchmarks and get a report card on the current state of your A/R, how to fix issues and guidance on how to take your revenue cycle to the next level. You might even be able to dream about what new services might be possible in 2022 and the years to come!