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| Healthcare Resource Group |
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| Do You Need A CBO? √ Are your AR days greater than 50? √ Do you spend more than 3% of your net revenue on Business Office services? √ Are you unable to find experienced personnel for your Business Office? √ Could you use more cash? |
The Key Benefits • Increased Cash Collections • Reduction in AR Days and Bad Debt • Elimination of Staff Turnover, Recruiting and Training • Access to a Network of Trained Professionals • "Best Practice" Policy and Procedures • Improved Accuracy of Data Collection • Reduction in Admitting and Registration Errors • Implementation of Quality Standards Throughout |
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Your Complete Revenue Cycle 800-695-8171 |
The HRG CBO Solution Healthcare Resource Group offers Central Business Office (CBO) management and services to hospitals not aligned with organizations that provide a CBO option. This program offers all of the traditional functions of a hospital-based business office including billing, follow-up, collections, customer service and cash posting. HRG is not limited or constrained in the ways an individual hospital might be. We have a broad array of experienced staff to choose from, an extensive budget for technology investment, as well as multiple highly competent managers to spearhead the effort |
The CBO Solution For-profit hospital chains merge their back office operations into Central Business Offices (CBO) to realize substantial benefits including: 1) Economies of scale 2) Training and redundancy in key postions 3) Investment in technology and tools which cannot be justified in a small operation 4) Improved skill set of staff and managers 5) Extended operating hours 6) Higher degree of automation 7) Complete policies and procedures 8) Utilization of "best practices" 9) Compliance and adherence to regulations These activites and processes yield Reduced AR days Reduced Bad Debt Reduced Contractuals Improved Cash Collections |
The HRG Advantage • Highly skilled CPAT/CCAT certified staff • Staffed for evening and weekend coverage • State-of-the-Art technology - computers and telephones • Productivity tools including proprietary software • Economies of scale and redundancy " The results are almost unbelievable, unlike anything I've seen in my 20-year career in hospital administration. Hospitals have...increased monthly cash by 10%. And this is over and above the contractor's fee. " Phil Campbell, FACHE CAH Resources |
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©2008
Healthcare Resource Group, Inc. |
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