What is the Revenue Cycle?
"The processes within a facility, supported by technology, to secure net
revenue."
—Patient Scheduling and customer service —Patient
registration —Case management
—Health information management —Payment processing and posting —Billing
—Collections and patient follow-up
—Bad debt management —Charge
Capture Integrity Program
Select Health can provide expert advice on your revenue cycle
processes, including Patient Access, Linkage Functions (such as coding, charge capture, CDM and HIM support), and Business
Office Functions.
Patient Registration—Patient Access
- Patient
Scheduling
- Insurance Verification - Pre-certification
- Pre-registration
- Financial Counseling
- Front
Desk/Registration
- Discharge Processing
- Cashier Functions
- Collection of copays, deductibles and past due balances
- Concurrent Inpatient Financial Evaluation
- Customer Service
- Governmental
Program Regulations
- Managed Care and Insurance
Matrix
- Quality Control and Error Tracking
- Edit Reports
- Staff training and education
- Technology
Application
- HIPAA Regulatory Standards and
Requirements
Linkage Function
- Coding,
Record Documentation, Abstracting
- Charge Capture/Charge
Description Master
- Charge Capture Integrity
Program
Business Office Functions
- Patient
Statement and Insurance Claim Processing
- Remittance
and Adjustment processing
- Denial Processing
and Management
- Third-party Follow-up
- Payer Payment Analysis
- Self-pay collection
- Bad
Debt Management
- Quality control and error
tracking
- DNFB Monitoring
- Billing Rejections
- Backlog Tracking
- Credit
Balance Management
- Unapplied Cash Activity
Management
- AR Trend: Tracking and Reporting
- Staff Training and Organization
- Department Organization
- Compliance Monitoring
- Technology
Application
- HIPAA Regulatory Standards and
Requirements
Contact us today for help with your revenue cycle needs.