Revenue Cycle
نویسندگان
چکیده
Kingman Regional Medical Center of Kingman, Ariz., is a 235-bed rural hospital serving a fast-growing community with expanding healthcare needs. Like most hospitals and health systems, Kingman Regional faces the challenge of rising expenses and declining levels of payment. In 2007, the hospital improved its financial performance by correcting widespread procedural and systems issues that were costing the hospital significant revenue. By developing a program to improve revenue integrity, the hospital improved charge capture and billing processes department by department—and has since identified $2 million in unbilled charges and recovered about $500,000 in net revenue.
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