Revenue Solutions Integrated Revenue Cycle Strategy
In today’s environment of healthcare reform and reimbursement model changes, healthcare organizations need a strategic vision for their revenue cycle built on collaboration and designed to accelerate cash flow, increase net revenue and reduce expenses.
FTI Consulting is a market and thought leader in revenue cycle optimization and performance improvement. Drawing on our extensive knowledge of and experience with revenue cycle standardization and shared services, we work collaboratively with our client partners to develop customized strategies based on leading practice tools, solutions, and initiatives.
FTI Consulting’s revenue cycle optimization approach consistently produces significant cash acceleration and recurring financial benefits ranging from 3 percent to 6 percent of net income improvement generally within 12 to 18 months. Highlights of our collaborative design model include:
Access Management: Our fully integrated patient‐centric approach to Patient Access enhances access to care, data collection, and provider reimbursement by holistically evaluating and optimizing the people, processes, and technologies that drive access to care within an organization.
Revenue Integrity: We leverage deep expertise within charge description maintenance, department charge capture, and ambulatory coding and charge auditing processes to develop seamless workflows and processes that will provide sustained results.