We have the expertise to help you identify the opportunities that have the greatest potential impact for your organization’s revenue picture.
Revenue cycle management initiatives are vital to improving efficiencies and optimizing income as the industry transitions to a value-based payment system. Kaufman Hall’s revenue cycle experts begin by assessing your organization’s overall revenue cycle performance and comparing it with industry best practices and benchmarks, focusing on five key impact levers:
- Self-pay and patient residuals
- Uninsured patients
- Revenue capture
- Payer yield
- Cost to collect
We have helped hospitals and health systems across the country achieve revenue cycle improvements equaling 3-5 percent of net patient revenues. Key impact areas include: clean registrations, point-of-service cash, root cause denial management, and underpayments.