Optimize Hospital Billing Services, Increase Efficiency & Gain Access To Experienced RCM Professionals.
The balance between clinical services and financial sustainability is a challenge for hospitals. Understanding and mastering the hospital’s revenue cycle management is crucial. ASP-RCM can streamline your revenue cycle and let you concentrate on delivering exceptional patient care.Problems like low to negative margins, unpredictable cash flows, and high finance costs require a differentiated approach to RCM. Outstanding accounts receivable, high denial rates, decrease in payer reimbursements, and healthcare compliance impede progress toward the financial health of hospitals and health systems. Hospitals can achieve favorable KPIs in their P&L, cashflow, and balance sheet through driving RCM metrics such as GCR, NCR, DNFB, denial rates, days in AR, aging, etc.,