Revenue cycle

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REVENUE CYCLE OPTIMIZATION

REVENUE CYCLE OPTIMIZATION

THE REVENUE CYCLE includes providing a service, submitting a claim, and

effective staff utilization. In addition, our team looks for

receiving payment.

opportunities for additional automation.

If a segment of the revenue cycle is

missed, it can become a disruptive cost. The most successful practices understand how to manage workflows, billing policies and other activities in a repetitious pattern. Ensuring setting an appropriate fee is critical to successful revenue cycle management. Revenue cycle management

Discovery & Analysis

requires rigid controls, communication to staff and patients (where necessary), and regular audits for effectiveness. Quirk Healthcare Solutions professional team engages in

Benchmarks & Results

an initial on-site Discovery and Analysis Assessment, and presents its findings to your stakeholders. We work to identify potential areas for Workflow Optimization. An

Workflow Optimization

Automation

overall review of the financial performance and key indicators

is

reviewed

to

determine

where

your

practice

compares against best practice standards, and our team assist in establishing benchmarks for your practice to

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measure your results. An analysis of the current workflow

to learn how our team can assist identifying ways to

evaluates the practice’s opportunities for greater efficiency,

reduce costs and increase revenue in the most efficient

and best use of software and utilities, as well as the most

ways possible.


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