Navigating a perfect storm: How to recover lost revenue amid industry consolidation and a pandemic


Many healthcare provider organizations continue to face financial shortfalls as a result of a perfect storm of declining revenue, increased consolidation and COVID-19 impacts.

PatientKeeper introduces Charge Aggregator, a solution institutions like Tufts Medical Center in Boston have used to enable billers and coders to efficiently process charges and minimize lost revenue. It works by:

  • Enabling a healthcare network’s CBO staff to efficiently consolidate, reconcile and process charges generated across multiple facilities, specialties and systems.
  • Providing billers and coders, many of who remain working remotely amid the pandemic, user-friendly technology to efficiently consolidate and normalize charges coming from multiple EHRs and hospital departments.


Resulting in:

  • An average increase of 20% in billable charge volume
  • Associated revenue increases

Download the white paper today to learn how PatientKeeper Charge Aggregator helped Tufts Medical Center, Baystate Health Medical Practices and other provider organizations mitigate billing process complexities and recognize financial benefits.

 

Please fill out the form to download the whitepaper.

    
Boosting Hospital Finances (1) - Daniel Gest