In the challenging world of Medicare and Medicaid, hospitals receive only 82 cents for every dollar of care provided.1 This slim margin demands precise strategies and strong collaboration to maintain financial stability.
Our Government Reimbursement Optimization Checklist helps you take control of reimbursements, improve accuracy, prevent revenue loss and simplify workflows.
With this checklist, you’ll gain actionable steps such as:
- Get Filing Right the First Time
Compile key documentation, like Medicare Bad Debt and Disproportionate Share listings, within five months post-fiscal year-end.
- Connect Your Data Sources
Use analytics tools to spot revenue leaks and inefficiencies, enabling your teams to align with shared insights and dashboards.
- Accelerate Cash Flow
Speed up payments by prioritizing quick wins like Transfer DRG reviews and submitting shadow bills for Medicare Advantage IME cases.
1 https://www.aha.org/news/headline/2024-01-10-aha-infographic-medicare-underpayments-hospitals-nearly-100-billion-2022
