Declining reimbursements and changing payor policies are adding financial pressure to laboratories. Improving your revenue cycle management can revitalize your cost structure and increase your net margin.

 

ARUP Healthcare Advisory Services consultants can help improve your entire revenue cycle, from ordering to billing, through final claims adjudication. Our experts will work with your laboratory to improve billing and collections, manage denials, and develop pricing strategies for maximum reimbursements.

Our customizable consultations and assessments include:

  • Revenue cycle assessment
  • Reimbursement analysis
  • Pricing strategy

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Revenue Cycle Management: The ARUP Advantage

Our healthcare consultants bring extensive clinical laboratory experience to revenue cycle management consultations with an approach that encompasses quantitative benchmarking and analysis with qualitative assessments of performance, processes, and technologies—all to ensure an effective strategy that achieves systemwide financial goals.

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Data and Analytics

Access your lab data to make informed decisions that help reduce costs and optimize patient care.

Quality Management

Identify and resolve gaps in your quality management system to improve workflows and ensure regulatory compliance.

Laboratory Stewardship

Create an effective laboratory stewardship program to eliminate waste, reduce costs, and improve patient care.