Solving Business Problems
Financial pressures are escalating for healthcare providers. Health Savings Accounts and higher deductible health insurance plans are forcing patients to shoulder an increased financial responsibility for healthcare costs, making collections more difficult. In this challenging climate, a well-managed revenue cycle is essential to minimize administrative duties and to ensure maximum, timely payment.
Origin can help manage and improve your revenue cycle with a comprehensive suite of easy-to-use products and services. Our solutions are flexible enabling you to select the ones that will help your organization most.
Our products and services include:
- Revenue Cycle Management/full service medical billing
- Healthcare Analytics
When you consider implementing a Revenue Cycle Management solution, consider the following questions:
“How can I collect money that is owed from patients?”
We help to facilitate timely collections of patient payments through a variety of collection strategies such as:
- Flexible payment plans
- Statement generation
- Credit card information retention for future expenses
Our technology solutions ensure you are able to collect money owed and outstanding balances from patients. We also perform follow up calls to patients to obtain overdue balances in the least intrusive manner possible, respectfully maintaining the patient/ provider relationships your practice has built.
“How can I increase my revenue flow?”
Our business and clinical intelligence solutions are employed by some of the most prestigious healthcare institutions in the world because of its ease of use and superior analytic and reporting capabilities. Healthcare organizations can identify procedures that generate the most revenue, gain a better understanding of the business by examining where money is being spent, outliers, collection rate by payor, days in accounts receivable or average reimbursement. Examining these areas provides a holistic view of your organization and will improve financial performance and efficiency.
“Am I getting paid 100% from payors?”
Nearly half of all claims are not paid correctly. This is generally due to an incorrect contracted rate being applied to the claim or the claim not being reviewed by in-house staff. We utilize technology solutions that electronically review payor contracted rates and flags underpayments, ensuring maximum timely reimbursement.
“How can I start improving the financial health of my practice?”
We offer a free benchmark analysis to compare your practice performance to others in your specialty. We will identify areas for improvement and determine methods to increase your cash flow. Our report outlines a statistically significant projection of how much more you will collect using our business solutions.