Revenue Cycle

How well integrated are your patient access functions with your delivery locations? How would centralizing your scheduling and registration functions benefit your bottom line? How confident are you that you’re able to maximize reimbursements? What is your denial rate? How much money are you leaving on the table – and how much is this hurting your bottom line?

Every healthcare executive should ask themselves these burning platform questions. With ever-increasing financial pressure, you need to ensure your revenue cycle functions seamlessly from the initial patient encounter to account closure for services rendered. All too often, organizational silos between clinical operations and revenue cycle stand in the way of success. That’s where Novia Strategies can help.

Service Offerings

Scheduling and Registration

Maximize your financial performance, reimbursement and patient satisfaction by standardizing, consolidating and centralizing scheduling and registration.

Denial Management

Identify and address root causes of denials and take action to minimize write-offs and denials, maximizing your hospital’s profitability.

 

Clinical Documentation Improvement

Improve reimbursement, reduce write-offs and minimize denials through clinical documentation improvement initiatives.

 

Client Benefits

Novia’s revenue cycle consulting solutions enable clients to maximize their financial performance by optimizing your revenue cycle functions seamlessly from the initial patient encounter to account closure for services rendered.

We work alongside your CFO and revenue cycle leaders to maximize reimbursement. We break down silos between clinical operations and revenue cycle, implement clinical documentation improvement initiatives, and analyze every aspect of patient access, service delivery and patient accounting for revenue-enhancement opportunities. The result: improved processes, increased efficiency, and reduced write-offs and denials mean you deliver incremental dollars to your bottom line today and maximize your reimbursements in the future.

Our Approach

For more than two decades, Novia has partnered with hospitals and healthcare systems to improve their efficiency, quality and financial health. Today we continue to work with hospitals and healthcare systems to transform their surgical operations as they face increasing pressure to reduce costs associated with this critical contributor to the bottom line.

Every client project is overseen by a clinician and every project team comprises a project director responsible for ongoing client communication and subject-matter experts with immense knowledge as well as established healthcare consulting experience. We begin each project with an assessment phase to identify opportunities to improve costs and efficiencies. We then vet each opportunity with you and together we prioritize the opportunities and determine the project plan to achieve the results. Once agreed, we move into implementation phase.

All along, we remain focused on our core tenets:

  1. We do good client work… every time
  2. We assemble strong teams
  3. We motivate our people for exceptional performance
  4. We operate our business in a manner that ensures your future and ours

Ready to Talk?

Contact Theresa Brandon today to discuss how Novia Strategies’ Revenue Cycle consulting solutions can help your organization succeed.

Theresa Brandon

Theresa Brandon CPA, SPHR, SHRM-SCP

Managing Director

Email | 866-747-4200 | LinkedIn | Bio