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Revenue Cycle

 

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Revenue Cycle Management

In a healthcare industry where margins are razor thin, DIVURGENT Revenue Cycle services allow organizations to address financial performance weaknesses and identify areas of improvement. Our consultant engagements may be short-term assessments or longer-term engagements that redesign the organization's revenue cycle processes, policies and practices. We ensure revenue cycle success by focusing on processes and technology to improve cash flow, produce fewer claim denials, reduce payment delays and increase collections.

Improving your bottom line is our goal, so our revenue cycle experts partner with your organization to determine potential areas for improvement and the combination of services necessary to address them, and provide a plan to achieve those objectives. The outcomes of our engagements include system optimization, operational efficiency, reduction in A/R days and increases to cash flow.

Our Revenue Cycle Consulting optimization services include:

CDM Reviews
 
  Conduct organization wide CDM analysis developing: centralized/de-centralized strategies
  Cleanup requirements
 

In-house versus out-source options

 

Conduct facility level comprehensive APC/CDM/Charge Capture Reviews

 

Conduct focused departmental reviews for high impact areas as needed

 

Conduct clinical system(s) to CDM reviews

 

Provide Managed Care contract reviews

 

Implement review recommendations

   

CDM Maintenance - Outsourcing & Support

 
 

Support for CDM system adds, changes, deletions

 

Support for developing workflow capabilities for CDM processing (Sarbanes-Oxley Compliance)

 

Support and maintenance for Quarterly/Annual HCPCs, CPT, and UB revenue codes

 

Develop strategy for charge utilization monitoring

   

Table Maintenance Review

 
  Review and analyze Auto charge table(s)
  Review and analyze charge warning and edit mechanism(s)
 

Review and provide recommendations for enhanced Revenue/Payor specific charge maintenance

  Review of and support for Revenue Code(s) maintenance
  Review of and support for Patient Accounting/General Ledger tables
   
Facility Support & Education
 
  Support daily interaction with hospitals for charging problem resolutions, assistance in billing regulations and charging practices
  Review and develop CDM policies, charge protocols & implementation approaches
 

Development & maintenance of education courses and material

  Develop & conduct organization and facility specific training
   
Medical Billing Audit (Chart Audit)
 
  Develop Monthly Chart Audit Reporting strategy and process
 

Develop and conduct Chart Audit Training

  Recommend and develop Chart Audit Policies & Procedures o Develop and deploy workflow into Chart Audit processes
  Provide Routine support for facility and organization wide audit functions
  Development of robust reporting/trending tools
  Development and implementation of Industry and organization specific best practices
  Develop online calendar/scheduling and documentation abilities
   
Litigation Expertise and Consulting

Clients that utilize DIVURGENT Revenue Cycle Consulting benefit from:

Industry best practices

Enhanced financial performance

Increasing profitability

Unmatched experience in Revenue Cycle financial and operational areas
Improved regulatory compliance performance

DIVURGENT provides revenue cycle consultants with an optimum mix of clinical and billing/coding experience as well as the appropriate software to ensure successful RCM engagements.

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