The Top Two Opportunities for Missed Revenue Recovery

Chief Financial Officers (CFOs) and their revenue cycle management teams work to balance everyday tasks while guiding their organization to a future strategic vision and navigating obstacles along the way. 

When facing challenges such as looming recessions and disruptions to government reimbursement, everyday things like revenue recovery become that much harder. To combat these difficulties, the best course of action often lies in making day-to-day tasks easier. Simplifying the revenue stream for work that has already been completed frees up space for tackling the more challenging aspects of the job.

Key opportunities for revenue recovery

Revenue recovery should be efficient, easy and fast. A sizable portion of revenue recovery efforts can be handled with two key technology solutions: insurance discovery and Medicare underpayment recovery. 

Embracing technology solutions for success

To better balance all the tasks on a CFO or RCM Director’s plate, revenue recovery efforts can be taken care of with technology solutions. Office Ally’s objective is to identify additional revenue recovery opportunities for your organization. Our industry-leading team offers tools for Insurance Discovery and Medicare Underpayment Recovery.

Our Medicare Underpayment Recovery tool optimizes the identification of Medicare Underpayment loss, finding revenue with a 99.89% success rate over the course of the last 15 years. 

Our Insurance Discovery tool has helped providers recover, on average, 10-30% of accounts. Our team is committed to maintenance, with regular updates to ensure we stay at the forefront of an industry constantly in flux.  

Explore our Uncompensated Care & Insurance Discovery glossary.

For healthcare finance professionals interested in new technologies to automate pressing tasks and improve revenue recovery, Office Ally offers a free, no-risk Insurance Discovery assessment. This assessment has no upfront cost, and providers only pay if Office Ally’s Insurance Discovery solution helps recover revenue. Implementation is simple, and results in a complete and trusted back-end revenue recovery loop with guaranteed results.