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Developing Your Business Case
The return on investment for revenue reimbursement recoveries can be significant. In the majority of cases, the incremental revenue and additional compliance will pass the hurdle rate of any procurement or operations formal or informal policy.
Given the present economic pressures, even a minimal 3-5% additional reimbursement is an important contribution to the bottom line and other considerations such as full documentation support through audit and additional HITECH funding are increasingly mission critical.
HPS technology, Medicare knowledge and experience and its audit success have been carefully vetted by over 2,000 hospitals and its Bad Debt solution is the only HFMA Peer reviewed offering on the market.
We suggest a 3 step process for establishing your business case for using HPS or a firm like ours:
Read the Case Studies on our site to gain a better understanding of how HPS works with a partner hospital. This will help you project how your organization might proceed and what to expect.
Ask for a free, no obligation consultation to gain a realistic estimate of what additional recovery you can expect.
Do your due diligence by:
Asking to see a demo of the automation technology that provides faster, more precise identification of recovery potential.
Ask the tough questions about how HPS would work with your team.
Ask for references.
Ask for comparable recovery projects by county, state or systems that have similar delivery mix or regional FIs or MACs.
The return on investment for revenue reimbursement recoveries can be significant. In the majority of cases, the incremental revenue and additional compliance will pass the hurdle rate of any procurement or operations formal or informal policy.

Given the present economic pressures, even a minimal 3-5% additional reimbursement is an important contribution to the bottom line and other considerations such as full documentation support through audit and additional HITECH funding are increasingly mission critical.

HPS technology, Medicare knowledge and experience and its audit success have been carefully vetted by over 2,000 hospitals and its Bad Debt solution is the only HFMA Peer reviewed offering on the market.

We suggest a 3 step process for establishing your business case for using HPS or a firm like ours:
  1. Read the Case Studies on our site to gain a better understanding of how HPS works with a partner hospital. This will help you project how your organization might proceed and what to expect.
  2. Ask for a free, no obligation consultation to gain a realistic estimate of what additional recovery you can expect.
  3. Do your due diligence by:
    • Asking to see a demo of the automation technology that provides faster, more precise identification of recovery potential.
    • Ask the tough questions about how HPS would work with your team.
    • Ask for references.Ask for comparable recovery projects by county, state or systems that have similar delivery mix or regional FIs or MACs.
 

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