Revenue Integrity AnalyticsTM methodology is a proprietary blend of data science and clinical expertise that enables every identified lost charge to be compared to its medical record, verifying charge accuracy.
About
The DNA of a full-service revenue cycle provider with a focus on Lost Charge Recovery and DRG Audit.
Cash To Your Hospital: Missing charges found average approximately 1% of additional net revenue.
Fixing The Problems: Revenue cycle assessment and root cause analysis for process improvement.
THE LOST CHARGE RECOVERY PROCESS
Assessment
Review key elements in your revenue cycle, report findings, provide a Management Action Plan, summarize the financial impact to your hospital from a Formal Lost Charge Recovery Project.
Identification Validation
Revenue Integrity Analytics™ identifies and verifies every potential lost charge by comparing it to its medical record.
Billing Collection
Submit found charges to the payer as late charges. Follow-up with payer, support charge, and appeal denial if necessary. Payment received by the hospital; contingency fee paid to Omega.
Reporting Improvement
Dashboard reporting of KPI’s, program reviews, root cause and corrective action programs.
THINGS TO KNOW
Learn how to maximize your Lost Charge Recovery Project
Lost Charge
Recovery | Complete Description
DISCOVER WHAT’S POSSIBLE
For more information about our Lost Charge Recovery services, please reach out to us here: