A provider’s financial success is directly dependent upon accurately charging for services rendered. Charge capture deficiencies create a multitude of reimbursement problems, such as missed revenue opportunities, payment delays that cause more back-end work, inaccurate billing that in turn causes payer denials and increased days in accounts receivable A/R. Regulatory compliance issues. Expensive penalties are often the result of defective charge capture processes.
Activara’s Charge Capture Solution audits and evaluates each segment of a hospitals charge capture routine. Deficiencies are identified and a detailed remedial control framework is seamlessly integrated into existing personnel procedures and routines. The result is an effective charge capture program that increases revenue, speeds up reimbursement and significantly lowers the risk of regulatory penalties.