Today’s health systems are facing exceptionally difficult market dynamics: increasing complexity, rising costs, constraints on capital spend, and rising patient consumerism, among others. These dynamics are placing an enormous strain on organizations, driving them to transform revenue cycle operations. In response to these challenges, healthcare providers of all types are seeking ways to improve financial performance while creating a positive patient experience across settings of care.
Our end-to-end, technology-driven services platform integrates with existing technology infrastructure to improve revenue cycle operations while driving down costs, increasing revenue and transforming the patient experience.
By coupling practical experience across the spectrum of healthcare revenue cycle solutions with analysis, R1 RCM has developed a customizable approach to initiate a high-performance, end-to-end revenue cycle relationship that addresses efficiency, production, AR, and budget needs within your organization.
R1 RCM offers different relationship structures that can help healthcare organizations achieve their goals.
We offer relationships where we take full responsibility and manage the entire revenue cycle process from end to end, called a co-managed relationship.
In these cases, R1 is accountable for achieving mutually agreed-upon revenue cycle goals for net patient revenue and total cost to collect by working with a provider’s staff
We also offer complete partnerships where we onboard a client’s RCM staff.
In this relationship, we join forces with the client as a full, risk-sharing infrastructure partner, accepting full responsibility for a client’s revenue cycle operations so they can concentrate on quality of service.
Through their analytics and market knowledge, R1 have provided needed guidance and support, while aligning our diverse blend of markets, payer mix, and local nuances – giving leadership the line of sight they need to make strategic decisions to support system goals.
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