REVCYKE Central Business Office Solutions
Rural healthcare facilities face unique challenges magnified by their location, volume, and decreased reimbursement levels. Many of our rural hospital clients have found that creating a partnership with REVCYKE has allowed them to handle these challenges with a highly cost-effective approach to revenue cycle enhancement as well as real solutions in receivables management.
REVCYKE provides rural hospitals with centralized business office services that utilize the latest technology to improve cash flow, decrease accounts receivable, and reduce bad debt. We’ve developed a proven method of tightening the overall revenue cycle while increasing the cash flow of our partner hospitals. Our success has come by assembling a solid and stable team of professionals with decades of collective experience in efficiently running rural hospital business offices.
At the direction of hospital administration, we can provide any mixture or level of the following services:
- Analyze and set realistic goals for the business office
- Oversee the collections and billing portions of the hospitals’ revenue cycle
- Study and make recommendations on the hospitals’ revenue cycle
- Review and provide suggestions for business office policies & procedures
- Generate and provide collections and cash flow reports to administration regularly
- Study and make recommendations regarding financial software and equipment
- Assist with business office organizational relationships
- Interface with fiscal intermediary and third party payers
- Compare hospital financial data to industry benchmarks
- Analyze and assist in the development of the business office annual budget
- Initiate and facilitate efforts of the bad debt committee as needed
Our Locations
- Bristow
- Fairfax
- Vinita
