Revenue Cycle Solutions for Hospitals and Health Systems
Optimize Your Revenue Cycle – From Start to Finish.
$350 billion … that’s the amount the healthcare industry spends each year to submit and process claims. Added to this are cumbersome workflows, inefficient processes and a changing landscape marked by increasing out-of-pocket costs for patients and increasing operating costs for providers.
In such a complicated environment, simply attaining appropriate reimbursement for services performed is a critical challenge for any provider. Finding ways to streamline and maximize workflow to lower operating costs is vital. A well-performing revenue cycle is no accident and takes careful planning, strategy and execution.
For more than 20 years, Perot Systems has improved revenue cycle performance and recovered billions of dollars in healthcare revenues for clients. Our revenue cycle solutions blend people, processes and technology to deliver sustainable results whether the need is a short-term customized project or long-term revenue cycle outsourcing. With vast experience implementing a range of business solutions designed to increase healthcare accounts receivables, Perot Systems has been the revenue cycle solutions vendor of choice for hospitals nationally and internationally.
Perot Systems’ comprehensive financial management solutions include:
· Onsite A/R recovery solution
· Extended business office programs
· Revenue cycle outsourcing
· Revenue cycle performance reviews
· Electronic remittance advice (ANSI 835) posting with integrated lockbox capabilities
· Healthcare billing and collections
· Denial management
· Zero balance retrospective analysis and recovery of identified opportunities
· Health Information Management (HIM)
· Patient access consulting and management
· Insurance eligibility verification
· Self-pay programs
Our talented team of more than 2,800 revenue cycle specialists are ready to help improve the industry’s fiscal health from pre-admission to account resolution. With customized solutions, cash flow can be accelerated, and in turn, be invested in their facility in the form of capital improvements and helping them focus on what matter most – patient care.
As a trusted provider of revenue cycle solutions, Perot Systems has delivered results to more than 650 provider organizations. In addition, we have recovered more than $7.1 billion and resolved more than $22 billion in A/R in the past five years. Whatever the condition of your organization’s revenue cycle, we provide many benefits, including:
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Access to state-of-the-art revenue cycle technology for enhanced performance
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Customized solutions that combine on and offsite staff to ensure maximum cash recovery, quick resolution and a successful conversion process
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Best practice processes and metrics for lasting improvement in revenue cycle performance
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Long-term relationships that provide cost predictability, results and risk sharing
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Higher returns on investment resulting from one of the highest recovery rates in the industry
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Measurable and sustainable improvements with revenue cycle key performance indicators
From insurance eligibility to cash collections to a full receivables management program to denial management Perot Systems works side-by-side with each client to achieve sustainable results.