Oncology Revenue Cycle Assessments = A Plan For Success!
An essential part of oncology practice management is to conduct an oncology revenue cycle assessment. Effective oncology revenue cycle management is at the heart of every profitable oncology practice. The team at Oncology Convergence can show you the way with an oncology revenue cycle assessment. Our deep oncology revenue cycle expertise can solve your oncology practice’s problems. Whether you’re having prior authorization problems or integrating an acquisition into your hospital…we have “been there, done that.”
Oncology Revenue Cycle Assessment – Find, Fix and Fund!
Our Oncology Revenue Cycle Assessment finds, fixes and funds oncology billing and revenue cycle issues. OCI’s people are experienced oncology consultants who understand best in class processes and use our proprietary technology to bring the benefits of a healthy oncology revenue cycle to you and your business. A comprehensive assessment of your oncology service lines’ financial health will likely help you sleep better and also bring more profits.
In addition to working with large hospital systems, we have worked with some of the largest private oncology practices in the country and helped them solve a variety of problems. As a result, we have probably already solved the issues that you are encountering.
Oncology Revenue Recovery (ORR)™ – Oncology Revenue Cycle Assessment
ORR is the best way to conduct an oncology revenue cycle assessment. We can help streamline your oncology revenue cycle by using our proprietary Oncology Revenue Recovery (ORR) ™ software. We lead you beyond the 30 chart audit to a full year of billings.
12 months of your billing data is analyzed and validated against 60 charts to eliminate false positives. The results from Oncology Revenue Recovery ™ provide OCI’s oncology revenue cycle consultants with powerful insights into potential revenue leakage and operational issues.
These insights enhance our onsite visits and provide significant and meaningful recommendations that bring real value. The revenue cycle audit can improve your oncology billing revenue cycle. We positively impact the financial health of both hospital based and free standing oncology practices. We help you find and implement a clear path to even greater efficiency and profitability than you are currently experiencing.
In addition to ORR, our proprietary Oncology Revenue Recovery software, one of the ways that Oncology Convergence is different is that we understand both the clinical and financial parts of your practice. This type of knowledge and experience allows us to fully understand and identify process breakdowns and potential areas of improvement that are affecting the financial performance of your oncology service line or private oncology practice. This forms the foundation of an effective oncology revenue cycle audit and assessment. This is an on-site evaluation of your operation. It consists of interviews and an in-depth review of your systems. We analyze your process flow and staffing levels. When we are done, we can provide informed recommendations based on best practices.
Following the operational assessment of your oncology practice, the next stage of your revenue cycle audit and assessment is the clinical assessment.
During the clinical assessment we work to maximize licensure, analyze performance and increase efficiency.
Financial Performance Assessment
The heart of the a revenue cycle assessment is the financial performance of your practice – after all, that’s probably why you called!
The financial assessment begins with a review of your financials. The goal of the review is to identify revenue opportunities. After that, we provide comprehensive analysis and then a plan to fix the underlying problems. Finally, we can implement the necessary solutions to fund your practice.
You will rest assured knowing that we left no stone unturned as we combed through 12 months of data, hundreds of infusion flow sheets per oncologist and provided best in class process mapping.
Contact us today to get started!