A financial review of a facility can determine the current status of managed care and the actions needed to make the service financially viable.
Contracting / Negotiations
We will assist and train the facility staff in reviewing current and potential contracts to improve profitability.
We will train the staff on cost containment and systems to meet specific outcomes while reducing length of stay. The monitoring of costs per day by pay source enables management to better negotiate contracts.
Good Inventory System
A must for Managed Care! We will analyze the current system to determine what steps need to be taken to establish the monitoring systems necessary to control costs.
We will establish financial accounting to develop systems to be utilized in prescreening and determining cost prior to admission.