As the cost of delivering healthcare continues to rise and the claims submissions process becomes more complex, effectively managing the revenue cycle is more important than ever. While Xanaxx provides a wide range of services, our focus on the fundamentals of business management – such as revenue cycle operations – is often where we deliver the most value.
Operations Improvement: From patient registration and insurance verification to charge master updates, billing, collections and denials management, our consultants have an in-depth understanding of all aspects of the revenue cycle as well as the regulations under which healthcare organizations must operate. This knowledge is rooted in both high level and hands-on experience gained in a variety of healthcare settings, including hospitals, health systems, academic medical centers, managed care organizations, and medical groups. In fact, many of our consultants have had direct management responsibility for operations, billings and collections prior to joining Xanaxx. Simply put, we have the skills and experience necessary to help your organization optimize revenue, improve operational efficiencies and accelerate the A/R process.
For nearly two decades, we have put this experience to the test – achieving measurable results and implementing sustainable solutions.
We approach each engagement as a true partnership. From the development of a “big picture” strategy to the highly detailed and technical implementation phase, our consultants provide hands-on assistance designed to involve you every step of the process – Operations Improvement.
The result is a manageable, yet cost-effective, solution designed around the needs of your organization that works long after our assignment is complete.
Xanaxx`s Revenue Cycle & Operations Improvement Services:
- Patient Access (Scheduling, Pre-Registration, Insurance Verification, Financial Counseling)
- Patient Flow
- Charge Description Master (CDM) Design, Optimization, Compliance and Maintenance
- Charge Capture
- Documentation, Coding and Reimbursement
- Billing and Collections
- Contracts Management
- Denials Management
- Payment Processing
- Patient Financial Services & Process Improvement
- Healthcare Information Technology Solutions and Architecture – Operations Improvement