Ever feel like Bill Murray in the movie Groundhog Day? Events in your life seem to repeat over and over again as if you are caught in an endless cycle. Cycles tend to repeat themselves if left unchecked or ignoring how to get out of the endless loop.
So true of your Revenue Cycle Management. Trying to get out of an expensive, unending loop generally poses a tedious task. With so many other demands on your time and human resources, a ‘shadow’ is cast (not Phil’s) on changing your processes, examining alternative solutions, and seeking outside assistance.
According to the tradition, if Punxsutawney Phil sees his shadow and returns to his hole, he has predicted six more weeks of winter-like weather. If Phil does not see his shadow, he has predicted an “early spring.” Punxsutawney’s event is the most famous of many Groundhog Day festivals held in the United States and Canada. Today, Phil saw his shadow.
Don’t endure another six weeks of a dark winter. Making sure you don’t get stuck in a time-loop with your Revenue Cycle performance is critical in an ever- changing healthcare environment. It is all about a need for accuracy, understanding, and speed.
The experienced professionals at On-Point can help you analyze the critical pieces of your entire cycle:
- Admission and registration
- Eligibility and benefits
- Pre-authorization and medical necessity
- Point-of-service collections
- Automated back-end functionality
- Access to real-time data
- Engage and Educate Patients
- Ongoing team training
- Measure and track outcomes
Connect today for our Revenue Cycle Assessment.