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Common Healthcare Improvement Issues
Common revenue opportunities identified and capitalized on through U.S. COST Value Analysis (VA) programs include:
- Optimizing utilization of current service lines
- Expanding into services with current unfulfilled demand
- Unacceptable initial and/or final denial rates
- Perception of free healthcare at public hospitals
- Inadequate staffing levels
- Inaccurate billing or posting of payments
- Untimely billing and/or appeals
- Incomplete physician documentation
- Internal training needs
- Inadequate equipment or technology
- Clinicians lack of collaboration on revenue issues
- Unnecessary extended lengths of stay
- Subpar patient satisfaction
- Accountability of staff performance
Each hospital has its own unique issues that are opportunities for significant revenue improvement. This list is merely a sample of the advantages that Value Analysis can bring to your own organization.
Download Healthcare Value Analysis Materials
Download our white paper [link to PDF] and healthcare Value Analysis brochure [link to PDF] for more information.
Speak to a Value Analysis Professional
Contact Tom Orr of U.S. COST at (770)481-1638, or via e-mail at va@uscost.com to learn more about Value Analysis workshops, and how they can be put to work for your own healthcare organization.