Healthcare Revenue Cycle Consulting
Improve your efficiency, quality of care and patient outcomes while increasing revenue.
Revolutionize your revenue cycle management.
At Freed, our experts ensure that clients are leveraging integrated processes and models that optimize revenue cycle capabilities to deliver top financial performance.
As leaders in healthcare revenue cycle management and financial consulting, we’re invested in monitoring trends and data that impact healthcare organizations, including the shift to pay-for-performance models and value-based care. Our extensive range of expertise, from financial strategy development to front- and back-end revenue cycle operations and from payment model implementation to optimizing provider networks, can help you maximize your revenue potential.
Areas of focus.
Multiple industry drivers are making it more important than ever for health systems and payers to address payment and reimbursement practices. Freed’s healthcare revenue cycle management solutions bring consultants to the table who are highly qualified to help maximize your revenue potential.
Basic healthcare payment processes remain crucial to your organization’s fiscal health. Freed has the proven experience and independent partiality it takes to expertly evaluate every aspect of your organization’s revenue cycle — from a provider, patient and health plan perspective.
- Provider revenue cycle evaluation, patient experience assessments, and improvement implementation
- Health plan claims payment and risk adjustment evaluation
- Evaluation of vendor partner performance and support
- Reporting and analytics assessment and optimization
- Technical solution review and improvements
Reimbursement models are becoming more complicated as the federal government and payors look for ways to increase value in our healthcare system. As a result, successfully implementing and managing multiple reimbursement methods has become an even more daunting task for most healthcare organizations.
Freed consultants help clients design and implement new processes and solutions to support existing and emerging reimbursement models, such as value-based care.
- Design and implementation of quality measures to drive more efficient and lower-cost care aligned with maximizing value-based reimbursement
- Design and implementation of system-wide approaches to managing risk arrangements
- Creation of centralized processes for monitoring and analysis of risk arrangement opportunities and industry changes
- Management of payor and claims analysis for existing fee-for-service and capitation arrangements
Provider networks afford health plans a unique opportunity to offer superior access to quality care for your members. The experts at Freed understand the competitive advantage that can be gained by closely managing your network to improve cost-efficiency and quality along with member experiences.
- Provider network modeling, contracting and credentialing optimization
- Provider performance incentives and measurement
- Provider network evaluation and growth strategies
- Assessment of supporting vendor capabilities (i.e., utilization review)
- Network management design for new services and associated payment models
OUR SOLUTIONS
Explore other ways Freed Associates can help.
The rapid evolution of healthcare is forcing all organizations to continuously adjust. Freed has the expert consultants you need to advance your operational improvements, from business practices to care delivery, to care management practices and facilities planning.
Implementing sustainable, strategic change in healthcare has always been a challenge. That’s why so many organizations turn to Freed Associates. Our healthcare consultants not only guide senior leadership to help make transformation initiatives a reality, but we also roll up our sleeves and work side by side with your implementation teams to get initiatives across the finish line.
Improving efficiencies and delivering better care depends on robust data analytics capabilities and well-designed systems. Freed has decades of experience helping to realize the value of these investments, from data strategy and analytics initiatives to digital transformation and complex system implementations.
Meeting state and federal-issued regulations is an intensely confusing, time-consuming and constant endeavor. Freed can help you accurately interpret regulations, evaluate appropriate actions, drive impact assessments, achieve regulatory preparedness and successfully complete health plan audits.