Trauma Finance Optimization

Ask ​any hospital or trauma program leader to identify the most challenging aspect of trauma care, and the answer will be clear: trauma finance. Diligent Consulting offers consulting services in the following areas of trauma finance:

 

• Assess current or future trauma center financial performance by identifying your trauma market and potential/lost volume, reviewing trauma readiness costs and the costs for filling gaps, and by reviewing or forecasting financial performance in terms of payer mix and reimbursement.

• Identify opportunities to optimize revenue through trauma charges, managed care contract carve-outs, and efficient hospital processes (documentation, HIM, revenue cycle management).​

• Review use of trauma charges to ensure they are being used properly. Given the scrutiny by the Office of Inspector General on the use of the 68x charge, trauma centers are encouraged to review their processes, audit use of codes, and monitor trauma revenue. ​

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