- Preserves existing net revenue stream
- Grows new net dollars in select service lines as needed
- Acuity-based, competition-driven
- Restores charge master
Our Process
We use statistical analysis of charge and payer data to determine variation in the relationships among the different components, payers, and elements that drive patients and revenue to your hospital.
This deep-dive data analysis confirms the existing net revenue stream and the percentage of contractual allowances of all charges. We use this and the results of a fresh market analysis to reconfigure the charge master as a revenue-generator.
We reduce charges and contractual allowances substantially and strategically. The return of the charge master as a true net revenue generator sets-up a successful forward strategy for the hospital’s continued financial health
___________________________________________________________________________________________________________________________________________________________
Deliverables
- Preservation of the existing net revenue stream
- More dollars from supplies and ancillary items
- New market targets of opportunity
- Optimum market positioning
- Greater transparency that strengthens the digital funnel
- New data for modeling potential APMs