Revenue Cycle Management
Today's health care decision makers are tasked with determining how to advance from essential daily financial performance to the new care and reimbursement models of the future. These shifts are made more challenging when you include the ICD-10 code migration and the need to simplify the patient financial experience.
Simplify the patient experience
Optum™ and Dignity Health created Optum360™ to put patients first in every step of the provider, hospital and health system revenue cycle. That means simplifying the registration, documentation, billing, and payment system so that patients can focus on care rather than worry about logistics or confusion.
A holistic approach to financial improvement
Hospitals are reeling from financial and compliance pressures. A combination of bad debt, newly covered patients, changing reimbursement models, and the risk of denials in the face of the migration to ICD-10 place already slim operating margins in greater peril. It’s easy to see why more than 70% of hospitals are reporting a loss in revenue.
Improve life for yourself and your patients
The connection between physician and patient has always been important. Now, as reform and new payment models take shape, effective financial and administrative connections are more essential than ever. Whether you treat patients, manage a practice, oversee coding and claims or manage the support systems that make it all possible, we can help you manage and enhance the connections most vital to your practice’s healthy performance.
Making the right choice: evaluating outsourced revenue cycle services vendors Read HFMA's June 2012 educational report on successful process improvement in the revenue cycle DCH Health System reduces costs, denied claims, A/R days, and more Optum to Manage Bethesda Healthcare System’s Revenue Cycle ICD-10: Big Changes Bring Big Opportunities Denial Management: Field-tested techniques that get claims paid