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1. REV CYCLE SOLUTIONS
A Joint Venture between Management Solutions Group
and Hadler and Associates
Engagements and Results – We Give You MORE
888 – 273 - 3548
2. Client Engagement 121-201
• CBO for 2 hospitals with 200 beds generating
Net Revenues of $20 Million Monthly.
• Project Length: 5 months.
• Consultants on project: 1.
• Stated Project Goal: To sit as interim BOD
while CBO was rolled into outsourced Revenue
Cycle Company.
3. Results
• Decreased AR >150 from 1.8 Million to less than $700K
• Decreased AR >90 from over 4 Million to less than 2.1M
• Improved Medicare AR of 0-60 days from 60% to 97% of
Medicare total AR
• Increase POS collections from $120k / month to over
$1Million / month
• Improved cash collection from 89% to 110% of cash goal
• Decreased Denials from $1.5 Million to under $400k
• Decreased Credit Balance from $1.8 Million to under $200K
• Decreased Unbilled from $23M to less than $2M, from over
14 days to under 2.6 days
4. Not Convinced yet? OK, here’s even
MORE Results
• Increased billing validation rate from 47% to over 92%
• Improved this Business Office ranking, in a corporation with numerous
hospitals, from near last place to being ranked as the number #1 business
office in the company in overall results, 3 months later.
• These changes were directly responsible for an Improvement in EBITDA
of over $2.4 Million in under 5 months.
• Corporate has rethought strategy of outsourcing Revenue
Cycle, and is keeping revenue cycle for all new acquisitions in
house and now creating and building their own CBO’s.
5. And, as if that wasn’t enough, we did
even MORE:
Staff Development
• 98% Staff Retention rate
• 2 Supervisors retrained and promoted to Managers
• Zero Staff replacement cost
• Zero New Leadership Recruitment Cost
• Dramatic Improvement in Staff Morale, and as a result, Dramatic
Improvements in Patient and Physician satisfaction scores as they relate to
Revenue Cycle areas.
• Senior Corporate Leadership is getting Promotions, Raises,
Bonuses, and spending more time with their families.
Corporate Profits are up, Stock Prices are setting records,
And Everyone is Tickled Pink.
6. Ready to get started?
Call now to setup your free consultation and assessment, and
let’s get moving to turn your Revenue Cycle around, and get
some MORE for your life.
888-273-3548
7. And, if that last one wasn’t enough to convince
you, we have even MORE for you to consider:
Client Engagement 130-501
• Business Office Director for 350 bed Acute
Care Hospital generating Net Revenues of $21
Million Monthly.
• Project Length: 6 months.
• Consultants on project: 1.
• Stated Project Goal: "Hospital Business Office
and Registration are in a big miss. Go fix it"
8. MORE Results
• Decreased AR >150 from 4.5 Million to less than $450K
• Decreased AR >90 from over 39 Million to less than 5
Million
• Improved Medicare AR of 0-60 days from 47% to 96% of
Medicare total AR
• Increase POS collections from $20k / month to over $560k /
month
• Improved cash collection from 78% to 107% of cash goal
• Decreased Denials from $3.5 Million to under $250k
• Decreased Credit Balance from $3.9 Million (2,900
Accounts) to under $370K (450 Accounts.)
• Decreased Unbilled from $18M to less than $8M, from over
20days to under 5 days
9. And,
even MORE Results
• Increased billing validation rate from 58% to over 90%
• Improved this Business Office ranking, in a corporation with numerous
hospitals, from #56 to being ranked as the number #15 business office in
the company in overall results, 6 months later.
• These changes were directly responsible for an Improvement in EBITDA
from $9,000, to $4.5 Million in under 6 months.
• Senior Corporate Leadership is getting MORE Promotions, MORE Raises,
MORE Bonuses, and spending Even MORE time with their families.
Corporate Profits are up, Stock Prices are setting records, And Everyone
is MORE Tickled Pink than ever before. The CEO even smiled.
10. Ready to get MORE for yourself and your
company?
Come on. What are you waiting for? Call now to setup your free consultation
and assessment, and let’s get moving to turn your Revenue Cycle around,
and get MORE of these same results for your company and your world.
888-273-3548
