Revenue Cycle Assessments & Root Cause Analysis

Turn the unknown into opportunity with data-driven insights for immediate impact

Leveraging existing reports and readily available data, RemedyIQ performs quick assessments to identify deficiencies and provide recommendations to address problem areas within your Revenue Cycle.

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Pinpoint deficiencies

Uncover underlying problems that may not be immediately visible.

Resolve root causes

Drill down to the true root causes of your challenges and turn them into opportunities.

Improve performance

Optimize cash flow, reduce denial rates, and enhance overall revenue capture.

Revenue CycleAssessments
& Root Cause Analysis

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Whether it be analyzing a population of aging A/R, examining denials backlog, or investigating underperforming trauma revenue - we are here to remedy your most pressing challenges.

RemedyIQ's data-driven root cause analysis, informed by decades of operational experience, allows us to pinpoint issues and provide tactical strategies to remedy the situation.

What is a Revenue Cycle Assessment?

A Revenue Cycle Assessment is an evaluation of a healthcare organization's revenue cycle processes, aimed at identifying inefficiencies, bottlenecks, and areas for improvement. This detailed analysis provides actionable insights to optimize financial performance, streamline operations, and enhance compliance.

Key outcomes:

Identify unknown issues
Uncover root causes
Improve processes
Reduce cost to collect
Improve financial performance
Discover automation and optimization opportunities

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Who needs a Revenue Cycle Assessment?

Hospitals and health systems experiencing financial challenges, high denial rates, or inefficient billing and collection processes can benefit from a Revenue Cycle Assessment. Organizations undergoing leadership transitions, system integrations, or looking to optimize revenue capture and compliance will also find it essential for long-term financial health.

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How does the process work?

The Revenue Cycle Assessment process begins with a thorough review of your hospital's or health system’s account receivable data to identify inefficiencies and root causes of revenue leakage. Our experts then provide detailed recommendations and a tailored action plan to improve processes, optimize cash flow, and enhance overall financial health.

Discover

Schedule a discovery meeting with our team.

Research

Once engaged, we begin our comprehensive research process.

Report

We report on our findings and provide corrective action plans.

Meet your RemedyIQ partners

With an average of 20 years in healthcare, RemedyIQ team members bring deep expertise from provider, payer, and consulting spaces - spanning revenue cycle leadership, contract negotiation, certified technical Epic support, third-party zero balance underpayment recovery, and more.

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Director

Finance

"I want to say thank you for the partnership on expected reimbursement. It’s helped shaped the team into a greater place. Having RemedyIQ's expertise indirectly improved the develop of the team in its knowledge of healthcare reimbursement. We also have a team to rely on that we know if we have any complex issues, RemedyIQ will always be there for us - to guide us and find the right solutions. RemedyIQ is accurate, concise, and knowledgeable. There’s no better partner I have ever worked with in my life.”

System VP

Revenue Cycle Performance

“I absolutely love RemedyIQ and the work you do. What we asked you to do and what you delivered was amazing – your ongoing work is the same!"

CFO

“I massively appreciate RemedyIQ jumping in to help whenever I present with an SOS on behalf of any of my facilities!”

Executive Director

Underpayments

"Without this partnership and on-going support, our team would not have been able to fully execute on the plan or provide meaningful contributions towards our organization’s incremental revenue goals.”

Contracting

"The significance of Expected Reimbursement in contract analytics, decision support, accounts receivable and audit & recovery cannot be overstated. Our organization's partnership with RemedyIQ has instilled confidence in the accuracy of the expected model and expanded the scope of contracts analyzed, thereby benefiting all teams that now depend on this valuable data point.”

Manager, IT

Epic Contracts

"The collaboration with RemedyIQ has vastly improved multiple areas of the contracts space. We had to challenge existing processes, focus on efficiency, and build relationships for the greater good of the organization. We couldn't have been so successful without the strong partnership of the RemedyIQ team. They have been amazing to work with."

AVP

Contracting

"We have made a lot of progress in tightening some of the issues we see with payers through our collaboration with RemedyIQ. Some of the issues identified by RemedyIQ, have enabled us to improve our contract language and address some of the systemic payer patterns that adversely affect our facilities."

It's time for a check-up.
Let's find your remedy!

Meet with RemedyIQ to discuss your challenges and strategic revenue cycle priorities.