The Revenue Recovery Management concept began in 2001. The company originated from a survey of a cross section of hospitals throughout the nation. Most hospitals have been trying to capitalize on revenue by lowering the price of products that they purchase and optimizing reimbursement through proper documentation.Unfortunately, Medicare reimbursement has lowered exponentially nationwide over the years. Hospitals are using their accounting systems to project budgets, identify opportunities, grow market share and optimize their profit margin. However, the information may be faulty due to the inability to drill down and analyze the data for accuracy through the entire process flow. This information is invaluable when you are trying to strategically align your operational, financial, compliance and organizational goals and strategies. |
Revenue Recovery Management has found a unique way to capitalize on revenues that are currently not being realized by your hospital. The company’s team has decades of experience in hospital and industry management. We have services customized to increase hospital revenue immediately and drill down on the detail so you know what is happening underneath all of it. Revenue Recovery Management can actualize revenue that is currently lost. We will not only uncover lost revenue, but also teach the hospital how to recover these valuable dollars for continued success.Most hospitals do not have the resources or the time to drill down and analyze the data and details for optimization of revenue opportunities. We can teach you how to actualize lost revenue and understand your profit margins. Let us teach you how to manage revenue beyond its current state to new goals for the years ahead. |
