Health care finance consulting means different things to different people. In our case,
we're talking about the revenue cycle part of the finance process. This starts with charge capture,
then through the charge coding process, billing, cash posting and follow up, including denial
management, and, if needed, collections.
How have we helped? Since 2001 we have helped hospitals find millions of dollars a year in revenue
that they should have been capturing, and millions in new revenue they didn't know about. At least
75% of that came without increasing the amount billed, at least initially. We have helped hospitals
with their compliance issues, many of which they didn't know about already. We have helped hospitals
bring in more money through their billing processes and reduce the number of denials that slows down
how fast they get their payments.
Of course, this means great things for the entire financial process. It's hard to pay anyone without
getting paid. It also helps departments show just how much they're worth to a hospital, or helps
point out which services might be a drain.
Most of this we've done through traditional health care consulting processes. However, we also
have a unique consulting proposition that we offer to help those revenue cycle and billing departments
that can't afford the normal high priced consulting charges. If you're interested, you can take
a quick look at that through this consulting services link.
We've been asked why people don't already know many of these things if they're doing the work.
Truth be told, most people are too busy trying to do the heart of their jobs and just don't have
enough time to get to everything. It takes a lot of work and training to get personnel to the
point where you can leave them alone to allow you the time to learn how to do many of the other
things that one's job should entail. We understand that, and that's why we offer revenue cycle
consulting solutions of all types of our clients.
Meanwhile, please take a look through the links below to learn more about extended consulting
services T. T. Mitchell Consulting, Inc provides: