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Revenue & Finance Optimization

Financial planning, shared services strategy and implementation, and expertise on back end and patient-facing revenue cycle operations.

Revenue & Finance Optimization
Revenue & Finance Optimization

Better Care With a Bigger Bottom Line

Without high-functioning revenue systems, healthcare organizations can’t fully deliver on their missions. Freed experts ensure that our clients are leveraging integrated processes and modern technology to maximize their financial performance.

Our consultants keep their fingers on the pulse of trends that are impacting healthcare organization finances, such as the shift to value-based care, more use of outpatient and home care and greater outsourcing of essential functions. Our expertise spans the continuum, from overall strategy development to implementation, and from the back end to patient-facing revenue cycle operations.

Our Experts and Areas of Focus

Shared Services and Strategy

Shared services and remote work arrangements are driving organizations to adapt to new models and continuously evaluate and reevaluate vendor relationships. Freed can help your organization outsource components of your business, including developing RFPs and assisting with vendor selection, partnerships and vendor management. We can also help you in-source business, analyze and build new departments, design new processes, and develop departmental structure and governance.

  • Organizational design focused on revenue cycle
  • Shared services support
  • Identification and structuring of partnerships for outsourcing

Maximized Financial Potential

Multiple industry drivers are making it more important than ever for your organization to address fiscal solvency. Freed brings to the table consultants who are highly qualified in maximizing financial potential and who have developed proven methodologies. Our Denials Management toolkit can help you reduce denials and find their root causes, thereby successfully increasing revenue. We offer similarly useful toolkits for Revenue Cycle Assessments, as well as an AR Assessment for measuring AR days.

  • Value-based care including evaluation and implementation of value-based reimbursement models
  • Assessments for accelerating cash, decreasing AR days and enhancing customer service
  • Denials management (including identification and mitigation of the leading causes for denials, along with automated reconciliation)

Our experts.

Samir Panchal

Samir Panchal

Consultant
  • End-to-end revenue cycle expert focused on improving cash acceleration and reducing denials
  • Expert at optimization of revenue integrity functions leading to revenue maximization and compliance
  • Executive level leadership experience in Revenue Management focused on accelerating technology and reducing manual processes across the revenue management continuum
Liz Townes

Liz Townes

Consultant
  • Expert problem solver with wide range of revenue cycle experience working with providers, medical groups, and health plans
  • Equally adept at business process optimization and data analysis
  • Reengineered the Short-Doyle billing and reconciliation process for a large health system resulting in first-year savings of $8.3M
Chelsea White

Chelsea White

Consultant
  • Revenue maximization from point of scheduling through billing and follow up
  • Integration of lean and agile principles into workflow redesign to optimize the organization’s revenue cycle
  • Incorporating reporting analytics, policy change, department-wide trainings, and accountability and transparency mechanisms into solution design to facilitate financial opportunity

Related insights.

Explore the Knowledge Center

Applied Analytics & Technology Advancement

From helping you to devise technical strategic plans to extracting new insights from your data and implementing technology systems, Freed will work to reach your goals and quickly deliver value. Along the way, we’ll ensure that your initiatives deliver insights that drive better decisions.

Digital Experience

Virtually all operations and functions tie back to a digital experience in today’s world. Shifting to become a digital-first organization can be disruptive and difficult to navigate. Freed will help you strategize and create connected experiences that build loyalty, reduce costs, improve outcomes and exceed your customers’ expectations.

Operational Transformation

Whether your concern is compliance and meeting regulatory challenges, improvements in care operations, or creating membership opportunities, turn to us to help your organization with enterprise-level strategies and initiatives that achieve the outcomes you need.

Get on the Fast Track to Value

Get on the Fast Track to Value