At Currance we’ve been working with Rev-Cycle teams for 20 years and we know how difficult this job is. Often Rev-Cycle teams that are underperforming are in need of tools that provide operational insights that drive continuous and sustained performance improvements. Rev-Cycle teams know these opportunities exist but are often looking to vendors for the tools and methodologies to uncover conversion of earned revenue to cash. All too often healthcare executive teams churn vendors and services contracts without improving performance in a meaningful way.
Based on our extensive experience as operators, Currance developed a systems approach to managing Rev-Cycle performance that combines tools, identification of automation use cases, continuous process improvement driven by analytics, and a laser focus on yield. This approach empowers revenue cycle teams to up-level from tasks to managing “SYSTEMS”.
The Currance Rev-Cycle System is a comprehensive approach that surfaces, prioritizes, and rectifies the root causes of inefficiency and underperformance in revenue cycle operations, accelerating cash in the door, improving predictability and resource utilization, reducing costs and inefficiency, and optimizing the workforce itself.
Currance clients are empowered to achieve and sustain a 2-6% boost in earned revenue, average 7-15% reduction in AR days, 10-25% reduction in cost to collect, and within the first year, an average of $9 million in recurring earned revenue.
To find out more about the Currance Rev-Cycle System, email us at firstname.lastname@example.org.