Business Analysis

Are all of the gears to your facility functioning properly?

CARIS can perform a Business Analysis to determine where operational efficiencies can be gained or how to increase revenue opportunities.

The Process:

1. Reviews and documents the current processes;
2. Identifies the root causes to inefficiencies or operational costs;
3. Works with the members of the workforce to improve the process;
4. Mentors the workstaff through implementation; and
5. Reviews the new process for changes or modifications

The results:

• Understanding of the business operations by all departments;
• Improved use of staff time and skills to perform their day to day functions and activities;
• Increased operational efficiency;
• Decreased "waste" - time, turn-around, days outstanding

Accounts Receivable

Does your accounts receivables practice put money in your piggy bank?

The landscape and changes in healthcare coverage for Americans today has increased the "front-end" responsibilities within healthcare facilities and practices.

Once the Business Analysis has taken place, CARIS is your key to effective implementation of the front end practices that result in cleaner claims, reduced days for submission and lower days outstanding.

Processes such as Verification of benefits and eligibility, collection of co-pays, deductibles and coinsurance should be part of the everyday business practices are a few of the changes we have implemented in the past.

Managed Care Contracts

Contracting with carriers can be a daunting task.  Numerous pages of legal verbiage, inability to identify financial risks for your clinic or facility and negotiating a deal that is right for you are part of the daunting task at hand when contracting.

CARIS helps you to manage this process.  We read the contract, provide you guidance and feedback for those items within the contract that could produce a financial risk for you, assist you in establishing the financial terms for the agreement, and recommend contact with your legal counsel as necessary.

CARIS does not provide legal advice, all legal questions and advice should be sought from your legal counsel.