H O S P I T A L C H A R G E C A P T U R E
B E S T P R A C T I C E S
S T R E A M L I N I N G R E V E N U E
C Y C L E M A N A G E M E N T
Regular audits and reviews of the chargecapture process can identify areas for improvement and help prevent revenue leakage. Hospitals should establish a robust auditing system to verify the accuracy and completeness of captured charges. This includes reviewing coding, documentation, and charge entry processes to identify any patterns of under or overcharging. Conducting periodic internal audits or engaging external experts can provide valuable insights and ensure compliance with regulatory requirements.
Implementing real-time chargecaptureanalytics can provide hospitals with actionable insights to monitor and improve revenue cycle performance. By analyzing data on charge capture rates, denial trends, and reimbursement patterns, hospitals can identify areas of improvement and implement proactive measures. Analytics tools can help identify specific departments or providers with low capture rates and address any workflow or documentation issues promptly.
HybridChart is a SaaS company based in Scottsdale, Arizona. Designed by a practising physician, we provide a user-friendly and comprehensive rounding solution. Our software can be used by any speciality and any practice size. We offer customised solutions for Hospitals, Private Practices, SNFs, Home Health and more.
