Outsourcing - Financial Outcomes:

1. Net Cash Flow is Increased

• 94% of 1st submission claims are resolved

• 78% of hospitals having greater than 200 bed capacity saw a 6.2%

• revenue increase by out-sourcing RCM operations.

• 6.2% average cash flow increase

2. Days In A/R are Reduced

• 20-21% reduction Days in A/R

3. Patient Satisfaction is Increased

• A Patient Estimator installed by RMS company lets patients know

• their financial obligations in advance (no surprise billing)

• Data survey shows that 74% of satisfied patients will pay their bills

• in full, thus reducing Days in A/R

4. Revenue Cycle Efficiency is Increased by:

• Streamlining Workflows

• Reducing Denial rates

• Optimizing Account Resolutions
  
   

Additional Benefits:

1. You are Always Current With Industry Regulations

• Through all their staff education programs, the RCM company keeps you current with rules & regulations of all payers

2. You Retain Oversight and Control

• The RCM corporation is contractually accountable to you to perform to a certain success level

3. A Team of Highly Trained Healthcare Professionals Works for You

• You will benefit from a large combined knowledge base of dedicated healthcare RCM professionals

4. You Have the Advantage of Economies of Scale

• Expenses will be distributed across the entire RCM client base thus reducing overall operating costs

5. You Will Continue to Ensure your Competitive Edge by:

• Developing efficient account resolution processes

• Achieving better liquidation rates

• Implementing aggressive payer denial follow-ups

• Applying transparent POS collection practices

• Employing innovative payment solutions