1
Preparing for the Future Operations Improvement Series # 1 Did you know? BRHS Healthcare Consulting 17778 Carol Circle Flint, Texas 75762 PH: (903) 825-6955 Email: [email protected] Website: www.brhealthcare.com BRHS is a TORCH Endorsed Partner. Revenue Cycle Management Review Did you know that a comprehensive assessment can : ° Reduce Days in A/R by 10, 20 even 45%? ° Improve up front collections by up to 50% or more? ° Reduce total costs by as much as 30%? ° Provide an annual benefit up to $400,000 or more? Imagine the benefits you can enjoy by reviewing the revenue cycle and making targeted im- provements. A Revenue Cycle Management Assessment evaluates all aspects of the organization’s revenue cycle and identifies areas that have the largest potential for improvement. BRHS then defines solutions to the most critical issues and deficiencies in the process. Working with management BRHS provides guidance in restructuring the various elements of the revenue cycle to improve collections and enhance cash flow. Turn to BRHS to free your revenue and improve your cash flow. Call us at (903) 825-6955. THE SOLUTION BR Healthcare Services, Inc. (BRHS) is a results- oriented nationwide provider of healthcare consult- ing and financial advisory. With over sixty (60) years of combined experience in healthcare ad- ministration and finance, BRHS personnel have the expertise to identify critical issues and provide real world solutions. Recently, several healthcare journal articles have stated that 2009 was a terrible year for Not-for- Profit hospitals. Margins declined and bond ratings were lowered. 2010 is not projected to be much better. However, many facilities are implementing operational changes this year to increase cash flow and/or reduce expenses. BRHS has developed numerous programs and services to assist client hospitals in meeting these goals.

Revenue Cycle Management Review

Embed Size (px)

Citation preview

Page 1: Revenue Cycle Management Review

Preparing for the Future Operations Improvement Series # 1

Did you know?

BRHS Healthcare Consulting

17778 Carol Circle Flint, Texas 75762 PH: (903) 825-6955

Email: [email protected] Website: www.brhealthcare.com

BRHS is a TORCH Endorsed Partner.

Revenue Cycle Management Review Did you know that a comprehensive assessment can :

° Reduce Days in A/R by 10, 20 even 45%?

° Improve up front collections by up to 50% or more?

° Reduce total costs by as much as 30%?

° Provide an annual benefit up to $400,000 or more?

Imagine the benefits you can enjoy by reviewing the revenue cycle and making targeted im-provements.

A Revenue Cycle Management Assessment evaluates all aspects of the organization’s revenue cycle and identifies areas that have the largest potential for improvement. BRHS then defines solutions to the most critical issues and deficiencies in the process. Working with management BRHS provides guidance in restructuring the various elements of the revenue cycle to improve collections and enhance cash flow. Turn to BRHS to free your revenue and improve your cash flow. Call us at (903) 825-6955.

THE SOLUTION BR Healthcare Services, Inc. (BRHS) is a results-oriented nationwide provider of healthcare consult-ing and financial advisory. With over sixty (60) years of combined experience in healthcare ad-ministration and finance, BRHS personnel have the expertise to identify critical issues and provide real world solutions. Recently, several healthcare journal articles have stated that 2009 was a terrible year for Not-for-Profit hospitals. Margins declined and bond ratings were lowered. 2010 is not projected to be much better. However, many facilities are implementing operational changes this year to increase cash flow and/or reduce expenses. BRHS has developed numerous programs and services to assist client hospitals in meeting these goals.