Improve Revenue Performance

Negotiate payor contracts with insight and confidence.

Improve your revenue performance.

Current trends indicate hospitals are losing three to five percent of net revenue from inadequate revenue cycle management processes and procedures. MedAssets proven revenue cycle processes and exception-driven technologies optimize capturing the reimbursement owed for the services performed. Our full portfolio of solutions improve patient payment estimation, claims coding accuracy, contract modeling,  net revenue capture, defensible pricing strategies and regulatory compliance. Sustaining revenue performance requires preparing now for significant changes in payment restructure. We help your organization prepare with specific solutions, comparative analytics and strategies to mitigate risk, identify savings opportunities and align cost to payment to help transition toward risk-based reimbursements.

Solutions to mitigate risk and optimize net revenue:

How will you mitigate the
spike in denial rates during your ICD-10 transition?

100 — 200 percent. In addition to this influx in denial rates, CMS estimates that the number of days in A/R will grow by 20 — 40 percent. To address these issues, we recommend implementing a clinical documentation improvement (CDI) program. Read the following case study to see how MedAssets helped one hospital achieve 111 percent of its annual goal with an intelligent CDI program.