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CONSULTING SERVICES

Revenue Cycle Operations Should Be a Driving Force for Your Organization

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At Anchor we are experts at navigating the shifting landscape of payor, provider and patient needs.

 

Optimizing the revenue cycle requires looking beyond billing. Financial performance is not strictly a financial issue- rather it is a strategic, operational and technological issue. Anchor’s team of experts takes a comprehensive approach to the revenue cycle. We design and implement custom plans to optimize your financial performance. We start by defining key focus areas to understand the core areas for improvement within the billing cycle. Next in-depth strategy sessions are held with your IT and operational teams to target these areas. After completing a detailed analysis of your focus areas, we devise an in-depth project proposal providing configuration recommendations centered on key deliverables. During project execution phase, our experienced consultants work closely with you to ensure all goals are met. The project culminates in a final delivery presentation where maintenance documents are provided to your IT team for long-term support of the deliverables.    

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With Anchor, get these results:                                                        

  • Decrease AR Days & Accelerate Cash Collection

  • Increase First Pass Payment Rate

  • Improve Denial Management

  • Faster Claims Processing

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Revenue Cycle Transformation

We partner with you to optimize your revenue cycle through tailored strategies and Epic expertise, driving improved efficiency, cash flow, and patient experience.

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Patient Access

We streamline patient access processes to enhance scheduling, registration, insurance verification, and insurance authorization, improving patient experience and accelerating revenue flow

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Clearinghouse Projects

We integrate clearinghouse solutions with your EHR to automate claims processing, reduce errors, and accelerate reimbursements. 

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Epic Application Assessment

Our experts evaluate your Epic revenue cycle applications to identify gaps and provide actionable recommendations for peak system performance.

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Charge Capture

Our consultants optimize your charge capture processes to reduce missed revenue, improve accuracy, and ensure timely, compliant billing.

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Coding/HIM/ROI

Our team ensures accurate coding, efficient Health Information Management, and compliant Release of Information to support optimal reimbursement and data integrity.

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Revenue Stabilization

We support your team post go-live to stabilize revenue operations, resolve issues, and ensure rapid financial recovery.

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Denials Management

We identify root causes of denials and implement targeted solutions to reduce write-offs, accelerate appeals, and maximize recovered revenue. 

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Self-Pay

We help you improve self-pay collections and patient communication with tailored strategies that boost satisfaction and financial performance. 

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Authorizations

The ever-changing landscape of payer authorization requirements can be a challenge.  At Anchor, we help strategize the best ways to achieve automation and monitor payer changes to protect reimbursement.

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