Solution

Is Your Hospital Using Price Transparency Data to be Competitive? 2 Benchmarks to Put You in the Lead

April 11, 2023

Is Your Hospital Using Price Transparency Data to be Competitive? 2 Benchmarks to Put You in the Lead   Savvy hospitals are taking advantage of legislation that requires hospitals (and soon payers) to provide price transparency data to the public by using it to create new revenue cycle benchmarks. They’re building a capability to analyze…

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Holistic CDM management protects revenue and compliance

November 15, 2022

Holistic CDM management protects revenue and compliance. Case Study Holistic CDM management protects revenue and compliance. A 25-bed, $32M NPR western critical access hospital lacked the resources, and expertise to perform routine CDM maintenance, evaluate market prices, and transition to a new PAS, leaving a critical gap in the organization’s revenue integrity program. Download the…

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CDM standardization provides defensible charge practices and revenue neutrality during a multi-facility system conversion

November 14, 2022

CDM standardization provides defensible charge practices and revenue neutrality during a multi-facility system conversion. Case Study CDM standardization provides defensible charge practices and revenue neutrality during a multi-facility system conversion. IDN client with $15B+ NPR needed to transition 88 facilities with disparate chargemasters to Epic, a radically different structure, over a three-year time frame. Download…

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CDM compliance and strategic pricing supports revenue goals

November 4, 2022

CDM compliance and strategic pricing supports revenue goals. Case Study CDM compliance and strategic pricing supports revenue goals. Savista set out to reallocate $85M while ensuring defensibility of charges, maintaining gross revenue neutrality and optimizing net revenue. CDMadjustments needed to comply with industry standards and federal regulations and drive strategic benchmarking. Our revenue cycle management…

CDM Conversion Strategy: Savvy Steps For PAS Success

June 1, 2022

CDM Conversion Strategy: Savvy Steps For PAS Success Healthcare providers can relate to the huge investment of a new patient accounting system, or PAS. The time, money and resources required plus the expected dip in financial performance during transition – it’s a lot. Which makes managing the dip and reducing recovery time after go live…