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."
Well executed mergers and acquisitions can play a key role in an organization’s growth strategy. The long-term success of an acquisition is largely dependent upon an agency’s ability to smoothly integrate the acquired organization into its current operations. BlackTree Healthcare Consulting can help you capitalize on the benefits available through acquisition by helping you develop an integration strategy designed to cultivate the strengths of both organizations. We can also provide you with hands-on managerial support to guide you through the integration, allowing your managers to continue to focus on daily operations.
Acquisitions can be particularly disruptive to an agency’s billing and collections functions. Collecting old receivables assumed as part of an acquisition can be very challenging. Billers may face an unfamiliar software platform, new payors and increased volumes. This coupled with the need to integrate the unfamiliar revenue cycle processes of the acquired organization, can be overwhelming for a billing department. A poorly executed receivables strategy can derail many of the financial benefits of an acquisition. BlackTree can help you develop a strategy for your billing department related to an acquisition or support you with interim staffing or A/R outsourcing to relieve some of the stresses placed on the billing department.