The Revenue Integrity Survival Guide
Revenue Integrity: The Key to Your Hospital’s Financial Health
How would you rate the financial condition of your hospital? Thriving? Or barely surviving? If you didn’t say thriving, then you need to take a look at your hospital’s revenue integrity.
What do we mean by revenue integrity?
It’s a function of your revenue cycle/revenue integrity team and the processes in place to achieve 100% legitimate reimbursement year over year with minimal risk or uncertainty. Getting there is a journey that starts with a single step. While seemingly difficult, with the right team and partner, it is absolutely doable.
Your journey starts by identifying the gaps between the status quo and your revenue integrity goals and taking the proper steps to close the gaps identified:
- Improving reimbursements – the gap between what you are billing and the revenue to which you are entitled
- Increasing operational efficiency – the gap between current processes/ systems and industry best practices to ensure your clinical and financial departments are in alignment and running efficiently
- Minimizing risk – the gap between your current cost of non-compliance, and a reduction in recurring compliance exposure, take-backs, and underpayments
Download this guide below to learn more.
Get unlimited access to:
Enter your credentials below to log in. Not yet a member of Health IT Outcomes? Subscribe today.