Best Practice Associates, LLC, is a professional healthcare revenue cycle consulting firm located in Richmond, VA. With a history of commitment to our clients, we provide quality business management consultative solutions and implementation assistance to address the individual needs surrounding the revenue cycle.
Our services include (but not limited to):
Ø Revenue Cycle Operational Reviews
Ø Charge Master Analysis
Ø Revenue Integrity Reviews
Ø Business Process Re-engineering
Ø APC Performance Evaluations
Ø Chart/Bill/Remit Analysis and Review
Ø Denial Management Reviews
Ø Third Party Contract Reviews
Implementation of approved recommendations has typically been assessed as an average of a 10 to 1 ROI (return on investment).
We further offer services offered through our significant partners.
Ø Education and Training – web-based or on-site (in all areas of the revenue cycle)
Ø Information Systems Reviews and system enhancements
Ø Corporate Pricing Strategies
Ø Cost Accounting Techniques and Management Reporting
We provide high quality, practical solutions for each client. Our professional consultants utilize the most effective tools available to assist clients with the implementation of “best practices” for the Revenue Cycle.