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Financial Assessment
Know exactly where your revenue cycle stands, before you decide anything else.
A comprehensive audit of your billing performance, benchmarked against industry standards and delivered as a clear, actionable report. No commitment beyond the assessment itself. Just a real look at what's working, what's leaking, and what to do next.
A Financial Assessment is scoped specifically to answer one question: where does your revenue cycle actually stand? It is not a full RCM takeover. It is a defined engagement that delivers a clear, benchmarked, actionable picture of what's working and what isn't.
What's Included
Every Financial Assessment includes:
- Full performance benchmarking: net collection rate, charge entry turnaround, days in AR, denial rate, and AR aging, each measured against your specialty's industry benchmark, not a generic standard
- Root-cause findings: not just what the numbers are, but why, broken down by category (collections and payment posting, denials and claim rejections, AR aging by payer, contract reimbursement rates, patient scheduling and mix)
- A SWOT analysis: a clear view of what your practice does well, where the real risk sits, and where the opportunity is
- A prioritized action plan: specific next steps, not general advice, so you know exactly what to do with the findings
- A presented report: findings are walked through directly with your team, not just emailed as a document to interpret on your own
Cost is scoped to your organization, based on practice size, systems, and the depth of analysis needed. There's no standard rate because there's no standard practice.
How It Works
Initial Conversation
We talk through what you want to understand about your revenue cycle, and set expectations for the assessment.
Agreement and Access
A signed Business Associate Agreement is put in place before any data is touched, protecting your practice under a formal HIPAA agreement from day one.
Data Collection
We gather everything needed, from billing and revenue data to AR aging and denial history.
Analysis
We review the data in detail, identify discrepancies and inefficiencies, and benchmark your performance against your specialty.
Report and Presentation
You get a structured report and a walkthrough of the findings, with your questions answered directly.
You can send us reports directly, or opt to have us pull what we need straight from your practice management system. Most assessments run two to three weeks from kickoff to presented findings.
Our Services
Schedule a Conversation
Why This Is a Low-Risk First Step
A Financial Assessment doesn't ask you to change anything yet. It's an honest look at where you stand, delivered by people who do this for a living, with no obligation to act on what we find.
No Long-Term Commitment
This is a defined engagement with a clear start and end, not the beginning of a contract you didn't sign.
Real Numbers, Not Guesswork
You'll see exactly how your practice compares to specialty-specific benchmarks, not vague reassurance.
A Genuine Look at How We Work
Many of our full RCM relationships start with an assessment. It's a way to see our depth and our process before considering anything broader.
This is especially relevant if you've never had an independent look at your billing performance, you've recently changed billing vendors or systems and want to know where things actually stand, or you suspect revenue is being lost somewhere but don't have the internal bandwidth to find out where.
Frequently Asked Questions
A Financial Assessment is a comprehensive audit of your billing performance, benchmarked against your specialty's industry standards and delivered as a clear, actionable report. It carries no commitment beyond the assessment itself.
Full performance benchmarking across net collection rate, charge entry turnaround, days in AR, denial rate, and AR aging; root-cause findings by category; a SWOT analysis; a prioritized action plan; and a report presented directly to your team.
Cost is scoped to your organization, based on practice size, systems, and the depth of analysis needed. There's no standard rate because there's no standard practice.
Most assessments run two to three weeks from kickoff to presented findings.
Yes. A signed Business Associate Agreement is put in place before any data is touched, protecting your practice under a formal HIPAA agreement from day one. You can send reports directly, or opt to have us pull what we need from your practice management system.
No. It is a defined engagement with a clear start and end, not the beginning of a contract you didn't sign. Many of our full RCM relationships start with an assessment, but there is no obligation to act on what we find.
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