Operational Consulting is a consolidated service designed to address the four major operational challenges of all healthcare providers:
- Controlling Cost
- Capturing Appropriate Revenue/Reimbursement
- Coding Accuracy
- Compliance and Corporate Integrity
Most providers monitor various performance metrics with a close eye on the bottom-line. However, with patient care as the first priority of every healthcare provider, it can be difficult to address the constant changes in cost, declining reimbursements, changes in procedure coding, and increased vigilance by State and Federal authorities concerning corporate compliance. LBMC Health Care Group consists of professionals with a wealth of healthcare industry experience. The LBMC team has served in roles ranging from Chief Executive Officer, Chief Financial Officer, Chief Operating Officer as well as other integral roles such as Chief Compliance Officer and Managed-Care Executive. Clients that partner with LBMC Healthcare Group find the practical expertise to improve operational performance and boost the bottom-line.
Operational consulting services oriented to bottom-line improvements include:
- Revenue Cycle Management
- Accounts Receivable Management
- Denials Management
- Cost Reports
- Debt Financial Planning
- Managed Care Strategies
- Coding Services
- Billing Reviews
- ChargeMaster (CDM) Assessments, Development, & Maintenance
- Charge Capture Audits
Our goal is to offer the healthcare community one firm with the expertise and practical application needed to address the operational challenges of today's healthcare environment. Our objective is to help clients succeed, thereby indirectly impacting the financial stability of healthcare providers.
To arrange a meeting please contact us today.