Receivables Management

Stop the Aging Process - We've Got The Receivables Cure

 

Is Your A/R Going in This Direction?

TODAY'S CHALLENGES

Healthcare financial managers are facing continued pressure to improve their bottom line. The impact of managed care contracts, the need to improve operational efficiencies, and the promise of EDI transaction solutions all impact on the "cash flow cycle."

TODAY'S SOLUTIONS

Each organization presents unique situations. Taking the time to understand your special requirements, goals and objectives is the cornerstone of our approach to assisting you.
Our FIVE POINT PLAN will help you validate directions you've already embarked on, or help you to re-direct plans to gain added advantages.

TODAY'S STRATEGY

In order to effect your solution, recognition of the relationship between Admitting and Registration, Patient Accounting, Medical Records and Utilization Management must be made. Everything from the contracting with managed care plans to the implementation of the electronic enrollment, eligibility, claims and remittances must be considered when positioning your organization to achieve a better bottom line.

 

A/R THE STANDARD MEASURE

Whatever actions you take, you must be able to demonstrate that you've met your goals. "Days in Accounts Receivable." in addition to being a reliable benchmark, is used in our ANALYTICAL phase to measure the amount attributable to each departmental function in the "cash flow cycle."

Each client's PLAN is customized to recognize their special situations and aimed at helping them realize their goals.

Staff EDUCATION is an important ingredient to help you marshal your business resources. Most times, it will become an inter-departmental effort that includes Admitting and Registration, Patient Accounts, Medical Records and Utilization Review.

EXECUTING the plan requires "resource readiness" as well as a clear definition of the objectives. The ability to consistently reach "strategic milestones" is part of our incremental plan to reach those objectives.

As you effect the various elements of your strategy, REALIZATION of your objectives becomes the final task in our FIVE POINT PLAN.

Once You've realized your goals, our "Maintenance Planning Protocol" will help you to stay on course for continued effective A/R management.

Let Our FIVE POINT PLAN Help You

ANALYZE

your current A/R position with focus on both the major payors and managed care.

PLAN

your A/R reduction strategy by addressing your EDI and operational improvement needs.

EDUCATE

your staff on their role in this new plan. Staff understanding and acceptance is an important ingredient to successful implementation.

EXECUTE

your plan with its targeted focus.

REALIZE

and maintain your management objectives by continuing to perform tasks outlined in your plan.

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D E K A Y E Consulting, Inc.
231 Oakview Avenue, Oceanside, NY 11572  Phone: (516) 678-2754   Fax: (516) 825-4458
URL: http://www.dekaye.com E-Mail: Adkcmpa@aol.com or DKConsult1@aol.com