LOST REVENUE AUDIT
Discover Opportunities For Revenue Recovery
It’s evident that revenue is being overlooked. That’s why our Lost Revenue Recovery Audit (LRRA) is the most effective strategy for uncovering hidden income and sealing financial gaps. Designed specifically for healthcare organizations, LRRA identifies recoverable revenue and distinguishes it from bad debts, thereby enhancing your financial health.
Why is LRRA Necessary Every Quarter?
Make well-informed decisions
This data extends beyond mere spreadsheets and pie charts. Understand the details behind the numbers to make swift, fact-based decisions.
Quickly close the gaps
Don't allow poorly functioning processes to drain your revenue. Eliminate inefficiencies swiftly with our revenue audit reports.
Analyze and break down data
Recommended by healthcare professionals, MetRCM helps you make smart financial forecasts and informed decisions.
HOW DOES LRRA WORK?
Data Collection
Retrieve manually generated data from EHR through a secured HIPAA-compliant FTP or directly access your EHR after signing NDA and HPIAA agreements.
Expert Analysis
Utilizing MGMA standard benchmarks, our revenue cycle analysts collaborate with AAPC-certified coders and credentialing experts, employing advanced auditing technologies.
Duration
Unlike other auditors, MetRCM has ample resources to complete this audit within 2 to 7 days.
Outcome
Detection of revenue leaks and bad debts often overlooked in standard EHR reports.
WHAT YOU GAIN?
Comprehensive Reports:
Receive 19 detailed reports highlighting opportunities for revenue recovery.
Data-Driven Decision-Making:
Understand which aspects of your revenue cycle process require optimization and the potential financial benefits.
Consultative Support Post-Audit:
Receive consulting support to effectively utilize the gathered data.