Outsourcing your Revenue Cycle by Compass Health Systems, LLC

Aug. 22, 2012 - PRLog -- A small hospital (50 Beds) has only 5 employees in the Business Office, including the manager, the cashier and 3 biller/collectors (Medicare, Medicaid and All Other).

Your volume is 3,000 outpatient visits each month, including 900 emergency room visits, 150 outpatient surgeries and the inpatient census averages 20.



Your biller/collectors are tasked with billing, data entry, re-billing, follow-up, liability insurance verification, appeals, financial counseling, charity/indigent care and other special projects that are added during the day. My question is; Do you think they can handle all of these processes in an efficient manner? If you say yes then this story is not for you, but if you said no, read on.

If you outsourced your billing, follow-up, liability insurance verification, appeals, financial counseling and charity/indigent care, Do you think you could save 10, 20 or even 30% over your current expenses in that cost center? Do you think your AR would receive more attention in area's that have been neglected for months, years, if not forever?

We'll Compass Health Systems is here to help!

Your cash flow depends on how patient accounts are managed, whether by your office staff or by their professional, courteous and dedicated staff.



With your staff, you are financially dependent upon your personnel. If someone leaves your practice, you face the stress of replacing them and training the replacement. That can mean a substantial decrease of cash and increase in unproductive training costs.

When you outsource, they are responsible for all training, turnover, and coverage of absences. You gain the advanced skill, education and experience of their healthcare professionals.

At the same time, outsourcing can boost employee morale by eliminating a major source of frustration and responsibility. You can better utilize employee time, talent and experience for your core mission – providing effective, efficient patient care.



In almost all cases, your claims will be submitted for payment daily. They work with you to eliminate unbilled issues in all processes of your business.

They work to prevent rejected and denied claims, but if they do occur, They work fast to resolve any obstacle to your cash flow.

They can adapt to use any system. So even if you're happy with the financial or practice management system that you have, They can still provide all of their services. If you don’t have a practice management system they can put one in place for you.

Compass Health Systems, LLC, "We'll point you in the right direction."