Let Bikham’s Consulting Team Use Their 18 Years
of Experience to Assess
Your Revenue Cycle Management
Bikham’s revenue cycle management (RCM) consulting was born out of the vast experience gained from 18 years of managing all facets of the revenue cycle, including optimization, for over 300 healthcare institutions.
Bikham can provide a detailed assessment of you practice’s billing environment and overall financial health.
Bikham’s RCM consulting team will review your billing platform and clearinghouse, coordinate with your team, and review all financial data to give you a comprehensive analysis of the key factors, pain points, and bad debts that your business is struggling with, along with personalized optimization solutions.
We are Highly Experienced at Analyzing and Identifying Revenue Cycle Problems
Our assessments are customized to your needs and include:
- Review of in-house compliance programs and CPT coding for billing procedures .
- Analysis of revenue loss from medical necessities with recommended changes to follow-up procedures to ensure greater compliance.
- Detailed analysis of billing and collection history to pinpoint areas of opportunities for improvement.
- Examination of fee schedules, provider arrangements and CPT coding, and recommended changes to address situations where claims are denied or inadequately paid.
- Operational reviews of billing functions to determine appropriateness of systems and resources to perform activities.
- Review of internal processes with recommendations for streamlining patient registration, correcting missing information, and bill collection efforts.
The cost of our operational assessment is estimated based on the time required by the scope of work agreed to in advance. The assessment fee may be reduced or prorated if your practice decides to contract with Bikham Healthcare for additional billing services.
We are confident that our detailed report and follow-up recommendations will translate into major cost savings and revenue recovery opportunities for your practice.