No areas can make a more immediate impact to your bottom line than revenue processing and accounts receivable management. F&A recommends concrete, step-by-step plans to help collect financial information at the initial point of patient contact, reduce A/R and bad debt and increase process efficiencies to improve your overall long-term collections. Ongoing reporting systems are put in place to help clients manage their staff and stay on top of key performance indicators.

Objectives for charge capture, costing, and pricing projects are met through reviewing procedure codes for completeness, accurate resource usage and identifying all cost and revenue matching issues. In addition, unit costs are determined based on expenses for each procedure code, allowing you to more accurately define price mark-ups.

F&A has an in-depth knowledge of challenges that are specific to hospitals and health plan networks. Whether it's regulatory compliance, contracting and network development or maintenance, you can depend on F&A management professionals to avoid common pitfalls and deliver results quickly and expertly.