The healthcare revenue cycle is dynamic and continuously evolving. As a result, hospitals and health systems face a number of challenges ranging from billing errors, to process failure, to data extraction and reporting. Between changes in the Affordable Care Act, ICD-10, MACRA, and other CMS mandates, it’s critical to have an effective revenue cycle management system in place.
Many healthcare organizations are still not capturing their Revenue Cycle’s full potential. Millions of dollars are lost each year due to a revenue cycle that lacks efficiency, proper skill sets, or effective denials management.
To address the growing challenges presented by government pressures, penalties, and the demand for profitability, Conrad Consulting Services’ unique system generates results in 90 days. It works in conjunction with your organization’s current staff and infrastructure to ensure a predictable revenue cycle.
Rather than implementing another new system or software application, CCS guides organizations to maximize their existing systems, technologies, and staff during the transition to a more robust revenue cycle model.
Past clients have seen significant improvements including:
reduction in claim costs
reduction in contract underpayments
reduction in denials