The average hospital is losing 1%-3% of net patient service revenue due to revenue integrity issues. Complex federal and commercial payer rules make it difficult to obtain 100% of the reimbursement to which a provider is entitled. Further, RACs and other auditors put even collected revenue at risk.
To address these issues many hospitals have started Revenue Integrity initiatives and dedicated resources in attempt to capture this lost revenue. In many cases, these efforts are not producing the anticipated results due to the inability to efficiently identify and quantify the numerous revenue integrity opportunities.
The BVerifiedSM - Revenue Integrity AuditorSM is an automated tool with actionable reporting that enables your hospital to rapidly identify, quantify and resolve revenue enhancement and compliance opportunities.
This web based solution allows you to:
- Quantify the financial impact of revenue integrity issues
- Produce Concise Actionable Results
- Minimize False Positive opportunities
- Rapidly drill down on Revenue and Compliance Issues
- Produce a detailed explanation of the identified Issues
- Generate a recommended re-bill example
BESLER Consulting has 25 years of revenue integrity experience incorporated in the BVerifiedSM - Revenue Integrity AuditorSM to assist your organization in identifying, prioritizing and capturing revenue to which you are entitled. The BVerifiedSM - Revenue Integrity AuditorSM ool provides an easy to justify and rapid ROI.
To see the BVerifiedSM - Revenue Integrity AuditorSM tool for yourself, please contact Scott Ford at 732.839.3893 or sford@besler.com.