Assessment

Uncover the hidden potential in your Revenue Cycle

Our Assessment provides management with a complete understanding of your existing performance & operations.

We identify your workflow inefficiencies & weak control points. We analyze your management structure & use of technology. We compare your performance to established industry benchmarks.

A holistic approach to assessment activities

We recognize the connections and inter-dependencies throughout the revenue cycle. Our methodology encompasses a combination of qualitative activities and quantitative analytics.

Interview

Interview management & staff-level employees

Observe

Observe core revenue cycle functions & tasks

Review

Review policies, procedures & process flows

Evaluate

Evaluate utilization of technology & automation

Analyze

Analyze quantitative data & management reports

The AVID Approach

Discover why our unique approach leads to improved results and lasting change

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Report Delivery

At the conclusion of our on-site work, we produce a detailed management report. Our report provides actionable recommendations for operational improvement based on your unique circumstances. We provide an estimate of the financial impact associated with implementing our recommendations.

Functional areas of a typical scope

Pre-Visit Management

  • Scheduling
  • Financial Clearance
  • Benefit Verification
  • Referrals & Pre-Authorizations
  • Financial Policy Communication
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Point-of-Service

  • Registration
  • Charge Capture
  • Point-of-Service Collections
  • Encounter Control
  • Cash Reconciliation

Patient Accounting

  • Billing & Edit Management
  • Insurance Follow-up
  • Denial & Write-off Management
  • Self-pay Collections
  • Cash Applications

Organizational Structure

  • Reporting Responsibilities
  • Management Support
  • Staffing Levels

Management Reporting

  • Daily Operational Reporting Review
  • Data Accuracy & Validity
  • Report Schedules & Distribution
  • Key Performance Indicators (KPIs)
  • Executive Management Reporting

Vendor Management

  • Vendor performance
  • Contract terms
  • Vendor oversight
  • Workflows

Don't Be Shy. Get In Touch.

If you are interested in working together, would like to see a demo, or simply have a question, send us an inquiry and we will get back to you!

Contact Us