Revenue Cycle and Revenue Integrity
A summary of services provided:
- Enable cash payment accuracy prior to service rendered based on GHS' software
- Proprietary algorithm establishes the right cash payment amount for each account
- Minimizes refunds
- Right size CDM to improve efficiency, compliance and better reflect service cost
- Streamline CDM maintenance effort
- Improve service estimates accuracy
- Maintain regulatory compliance
- Emergency Department Charge Capture Improvement (Annual net revenue enhancement in excess of $10M for Hospital Services)
- Development of Epic related Charge Description Master (CDM) and Charge Capture improvement for various Physician and Hospital departments
- CDM management and annual updates
- Financial modeling to determine CDM changes and its net revenue impact
- Revenue Integrity Department Strategic Planning
- Optimization and Automation for the following high impact areas
- Claim Edits logic and owning areas redesign
- Automation of Follow Up workflow
- Denial Management optimization
- Physician productivity and dashboard reporting
GHS has access to a broad range of SMRs in the healthcare industry to provide the following consulting services:
- Revenue Cycle
- Supply Chain Management
- Physician Practice Optimization.
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