Revenue Cycle Services
Every step of the revenue cycle from intake to authorizations, the provision of care, data collection and medical records impacts cash collections as greatly as an agency’s billing and collections department. BlackTree enables organizations to capitalize on an agency-wide approach to the revenue cycle that will maximize collections through a wide array of revenue cycle management services including: revenue cycle assessments, process redesign, interim management and staffing, training, and accounts receivable services. Commit to an effective revenue cycle by partnering with BlackTree.
We had the opportunity to work closely with BlackTree as they have conducted an assessment of our back office functions and processes. The engagement included the placement of a consultant into our staffing model to implement the recommended changes. This model of engagement has
been extremely successful and resulted in providing us with a baseline for
performance and standardizing processes moving forward."
Collecting all cash to which healthcare providers are entitled requires more than excellent billing and collections processes. In fact, most write-offs occur because of problems that arise before a claim is generated by the billing department. Issues with authorizations, clinical documentation, data integrity, insurance verification, etc. can create obstacles to payment or result in write-offs. Proactively addressing underachieving collections requires a more global evaluation of an organization starting at the point of referral and continuing through to billing and collections. BlackTree Healthcare Consulting employs an organization-wide approach to revenue cycle improvement. By improving integration between clinical and financial operations, providers are able to increase overall collections.
BlackTree offers a wide range of revenue cycle services to assist healthcare providers improve collections including: revenue cycle assessments, process reengineering, interim staffing and management, staff training, and accounts receivable collection services. BlackTree has the financial and operational expertise to improve billing and collections practices and the operational processes that impact the billing department. We fully understand the interdependent nature of an effective revenue cycle and can tailor a solution to assist you in improving your collections.