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Healthcare Value Analysis

Healthcare Value Analysis (VA) workshops strengthen processes, uncover areas of opportunity, and optimize organizational performance and efficiency. These workshops bring together current hospital staff with industry specialists on the healthcare revenue cycle and hospital IT systems. The resulting studies have proven ROI's of approximately 100:1.

Length of Workshop

U.S. COST Healthcare Revenue Cycle Workshops typically consist of a 3-day orientation meeting and a 5-day workshop week. These workshops evaluate all areas of the revenue chain from intake/registration to receipt and posting of payments. The sessions can be adjusted should the hospital desire to limit the scope to only specific areas of the revenue chain.

Workshop Participants

One of the ideals of the Value Analysis process is that the staff closest to the organizational lines studied provides the best insight into the current situation and areas of opportunity. This makes participation of key hospital staff essential to identify the processes and services that deliver the greatest opportunities. The workshops also identify obstacles to overcome in order to initiate improvements. Staff participation should include:

• Registration Personnel
• Admitting Personnel
• Cashiers
• Billing Personnel
• Accounts Receivable Personnel
• Finance Personnel
• IT Personnel
• Clinicians

Our healthcare experts will also participate to guide the process and share insight on how other healthcare organizations have implemented similar strategies within their organizations.

Benefits of U.S. COST Healthcare VA Workshops

This workshop is confined to an 8-day period, rather than having consultants on-site for weeks or months on a never-ending engagement. This unique approach has been shown to be very successful in identifying enhancements to hospital revenue-impacting areas, both quickly and cost-effectively.

Learn more about What Makes VA Unique [link to 6.6.4] and review the solid VA Benefits and Revenue Gains [link to 6.6.6] that your organization can experience from this approach.

Download Healthcare Value Analysis Materials

Download our white paper and healthcare Value Analysis brochure 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.