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."
Financial and operational assessments provide agencies with an improved understanding of their current operations and identify opportunities for improvement. BlackTree offers two different assessment options: an Operational Assessment and a Quick Insights Assessment. Our Operational Assessment is conducted on-site over several days and examines all areas of an agency’s revenue cycle functions from Intake through Billing and Collections to identify opportunities for process improvement and increased efficiencies. As part of this assessment, staffing levels for each department are reviewed and an analysis of key performance indicators is completed.
With our Quick Insights Assessment, BlackTree provides a review of specific key revenue cycle and operational functions. The engagement includes a one to two day on-site evaluation of operations and the analysis of key performance indicators. With each assessment type, BlackTree will provide the agency with specific recommendations based upon our findings and will also develop a plan to implement the recommendations.