Did you wake up in 2015 with an EHR hangover? You’re not alone. Many hospitals experience revenue cycle train wrecks after massive investments in time, money, and resources during EHR implementations. But why are the revenue cycle wheels about to fall off after go-live?
Electronic data brings heightened accuracy requirements and failure opportunities which are pronounced without human process and culture change, specifically at the point of data entry. It will happen again this fall with ICD-10. One example is Discharged Not Final Billed, which doubles or triples as accounts get held up for manual intervention due to sensitive bill-stop edits, lack of accountability or resolution enforcement process, and using the same pre-service and registration processes prior to the EHR go-live. No matter how sophisticated the clinical system, the revenue cycle is a garbage in, garbage out world, and the Business Office becomes a rework factory with a high cost to collect and dismal revenue cycle metrics.
AccuReg can help. We enforce the accuracy of patient, insurance, and order information. We detect and alert front-end staff of issues that will cause failure so that they can prevent it from happening. We also capture revenue from patients and ensure revenue from payers by verifying, auditing, and enforcing accuracy prior to patient service… the only time when a dollar is worth a dollar. Stop chasing discounted dollars at a high cost to collect; capture revenue up front and ensure accurate data prior to service!
Our implementation and cost is incredibly light compared to EHR and traditional RCM implementations, and we take care of our clients long after it’s over. We also audit our results to constantly confirm our verification, estimation, and denials prevention systems are operating at peak performance as well as sending out Solution Consultants to optimize product usage when needed.
With AccuReg, you don’t just get another RCM technology vendor; you get a revenue capture specialist and a partner who is committed to your financial success. Take a look at AccuReg – we offer more to ensure your financial success than ever, and relief from that EHR hangover.