Vitamins- 5 Ways To Get Patients into the Habit

A Better Analysis of the Revenue Cycle – Payer Un-collectables

Why is payer money not collected? It is estimated that 30-40% of denials are due to front-end registration and eligibility issues. If billing staff are diligent with the patient benefit verification steps from our last Medical Billing Blog: A Better Analysis of the Revenue Cycle-Patient Collections, you should be able to reduce that percentage to almost 0%. Another common denial …

A Better Analysis of the Revenue Cycle-Patient Collections

Click Here to Learn to Think Catalysis Let’s be honest, in most healthcare businesses we are doing more and more with less and less staff. The end of the day/week is here before you know it. That list of tasks, stack of papers and inboxes still full of unopened messages are still there. This common scenario often drives us to …

We Should Focus on the Cycle as Much as the Revenue

I checked Google Trends for the term “Revenue Cycle”, these are some of the related terms I found: revenue management, revenue cycle management, revenue cycle healthcare, accounting cycle. At number 5 was: what is revenue cycle. In medical practice management, we throw the term around all day, but have you ever really thought about it? The first word, revenue, is …

Keep it Simple: 3 Ways to File Secondary Claims

In the June Network Bulletin from UnitedHealthcare, I came across an article discussing the proper way to file a secondary claim when Medicare is primary. Even though the information was not new, I thought it might be helpful to go back through the 3 ways you can file secondary claims. Billing Note: CMS has posted a recommendation on proper billing …

Avoid Chaos at the End of the Month

My internet search for “What is the monthly close?” produced this result from the Accounting Coach website: In accounting the monthly close is the processing of transactions, journal entries and financial statements at the end of each month. Under the accrual method of accounting, it is imperative that the financial statements reflect only the transactions and journal entries having relevance …

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Revenue Cycle Management: Accomplished.

START BILLING BETTER WITH SHAVARA

Revenue Cycle Management: Accomplished.

START BILLING BETTER WITH SHAVARA

by Shavara

Shavara has the accumulated 'experience capital', the market know-how, the intricacies of coding, billing and connectivity that we have 'learned'. It is the basis of the work we do in Catalysis - Shavara's Professional Services Engagements.

ThinkCatalysis
Revenue Cycle Management: solved.

What is Catalysis?

To "catalyze" is to rapidly advance by applying powerful tools and industry expertise. Catalysis becomes the process to gain access to the power, apply it to solve gaps and vulnerabilities - then rapidly advance. Shavara possesses the tools to apply Catalysis via collaborative engagements. Our infinite targets are the enterprise organizations: Hospitals, clearinghouse processors, Insurance companies (payers), and large physician practices, peppered throughout the Healthcare system that all share equally the challenges, pitfalls, inefficiencies, ineffectiveness, and the deliberate speed-bumps placed there by bureaucrats to slow down the revenue cycle.

What are the costs of these speed-bumps to the Healthcare system? The costs are in the billions.

Inefficiencies / ineffectiveness / inaccuracies in coding and billing mean:

a higher cost of money due to extended A/Rs
a higher cost of operating due to the number of additional staff required to research and chase down A/Rs
a decline in the quality and calibre of care - care outcomes due to the necessity of placing so much cost on the administrative and operational side of the equation

Therefore, solving this eliminates and holds the potential to improve organizational effectiveness, reduce the cost of healthcare and improve healthcare outcomes.

So, who is Shavara? What is that old lamp on the corner of the desk?

That lamp holds wisdom. The cumulative potential of that wisdom holds the potential to dramatically impact operational effectiveness and improve healthcare outcomes.

For Information on Catalysis contact Shavara's Services Division

Vitamins- 5 Ways To Get Patients into the Habit

A Better Analysis of the Revenue Cycle – Payer Un-collectables

It’s No Surprise High Cost & Lack of Affordability for Exchange Plans

A Better Analysis of the Revenue Cycle-Patient Collections

5 Keys to Addressing Patient Obesity

We Should Focus on the Cycle as Much as the Revenue

Who’s the Boss? How Many Physicians Own Their Own Practice?

Keep it Simple: 3 Ways to File Secondary Claims

Time to Get on the MIPS Ships

Avoid Chaos at the End of the Month

Revenue Cycle Management: Accomplished.

Revenue Cycle Management: Accomplished.