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Assessments and Benchmarking

Discover and conquer Challenges holding you back

Process and performance assessments to help you identify inefficiencies and process gaps. See how your performance stacks against the industry’s best.

Do you know?

How does your performance measure up to industry standards and leaders?
Which proven best practices can best help your organization thrive?
How can your organization collect more revenue with less effort?

We have the answers for you.

Results providers have achieved

50%
Reduction
Cost of collections
100%
Elimination Controllable
timely filing
10%
Reduction Average
reduction in A/R days
50%
Cost of extended office
vs. in-house resources

RCM Assessment

The Revenue Cycle Management assessment optimizes your healthcare organization’s revenue cycle for the highest efficiency and maximum financial success.

Revenue Cycle
Process Assessment
Revenue Cycle
Process Optimization

Revenue cycle process assessment

At Ascent, our Revenue Cycle Process Assessment goes beyond routine evaluations—it’s a strategic dive into your healthcare organization’s financial pulse. Our experts meticulously identify gaps and inefficiencies within your revenue cycle that may be contributing to revenue leakages, increased denials, and prolonged Accounts Receivable (AR) cycles. By examining every step, from initial patient interaction to the final billing process, we ensure a comprehensive understanding of potential challenges.
This thorough assessment serves as a foundation for not only plugging revenue leaks but also enhancing your organization’s overall financial health. Our process assessment is designed to elevate patient experiences at every touchpoint. Whether it’s the front-end interactions, middle-office processes, or back-office operations, we target operational efficiencies, ensuring a seamless and patient-centric journey. The result is a tailored roadmap that addresses identified challenges, fostering sustained financial success, and operational excellence for your healthcare practice.

Revenue cycle process optimization

Leveraging our 25 years of expertise in RCM, we help you expedite the entire revenue cycle, driving speed, accuracy, and predictability from the first patient interaction and authorizations to the final stages of billing, payment posting, and reconciliation. Our Revenue Cycle Process Optimization involves refining processes, enhancing interoperability of data flows, and strategically infusing technology for intelligent automation. By reducing human dependency in areas amenable to AI-assisted technology, we pave the way for a seamlessly integrated, efficient, and predictable revenue cycle for your organizations.
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Operations Assessments

360-degree Operations assessments are aimed at creating harmonious operations within your organization, ensuring a comprehensive optimization and automation of processes for seamless efficiency and excellence..
Billing
operations
Coding
effectiveness
Collections
Performance

Billing operations
assessment

Billing Operations Assessment by Ascent is vital for healthcare organizations aiming to optimize financial performance, eliminate errors, and streamline operations, ensuring maximum revenue realization and resource efficiency.
Our meticulous assessment covers every aspect of your billing ecosystem, identifying areas for improvement, from coding accuracy to claims submission and payment processing.

Coding effectiveness assessment

Ascent’s Coding Effectiveness Assessment empowers healthcare providers to significantly reduce denials, ensure swift clean claim submissions, and maximize reimbursements. We meticulously assess coding processes, pinpoint root causes of potential errors, compliance issues, and provide valuable insights for optimizing practices.
Our assessment includes a roadmap for specialty-specific coding and the integration of AI-assisted automation to streamline processes, ensuring compliance and accelerating reimbursement processes.

Collections performance assessment

Ascent’s Collections Performance Assessment is a strategic analysis designed to elevate the financial health of your organization. We conduct a deep analysis of the collection processes, identifying key performance indicators and assessing the efficiency of your revenue collection strategies.

By delving into areas such as timely follow-ups, payment processing, and resolution of outstanding balances, our assessment aims to optimize your collections performance. Whether it’s enhancing communication with patients, implementing effective debt recovery strategies, or identifying areas for operational improvement, Ascent’s assessment provides a comprehensive understanding and a roadmap for improving collections effectiveness and maximizing revenue outcomes.

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Case study

Texas-based hospitalist medical practice increases cash flow by 30%
Read Story

Benchmarks

Unlock unparalleled insights into best practices and industry benchmarks for operational excellence, enabling you to establish and surpass performance benchmarks.
Coding Compliance
Benchmarking
Operations
Benchmarking
Overhead analysis
and benchmarking

Coding compliance
benchmarking

Ascent’s Coding Compliance Benchmarking is a strategic effort to ensure the highest standards in coding accuracy and regulatory compliance for healthcare organizations. We assess your coding practices against industry benchmarks, identify areas for improvement, and implement precise strategies to enhance compliance, ensuring both regulatory adherence and improved financial health.

Operations
benchmarking

Explore how your operations align with industry leaders and best practices through our Operations Benchmarking. Gain clarity on areas your organization excels in and insights into critical operational aspects like the cost of collection, daysin accounts receivable, automation maturity, reimbursement percentages, and key performance indicators. This benchmarking guides customized strategies for improvement, ensuring your organization excels in both patient care and financial performance.

Overhead analysis and benchmarking

In the face of escalating cost pressures within the healthcare landscape, conducting thorough overhead analysis becomes paramount. It serves as a critical tool for healthcare organizations to navigate the challenging financial terrain and understand how cost structure compares to industry leaders.

Our overhead analysis helps in identifying specific areas where costs can be reduced by optimizing processes, strategically restructuring resources, and implementing intelligent automation. This proactive approach not only ensures financial resilience but also empowers your organization to allocate resources efficiently, bolster operational efficiency, and maintain a robust foundation for sustained excellence in patient care.

“They have the people, they have understanding and they have outcomes.  Working with Ascent is like my organization and not like working with a partner - I have taken them as my own and they have received me as theirs.”

VP of RCM

Taxas-based Infusion Inc.

Ready to discover hidden obstacles and growth paths?

See how Ascent’s assessments and benchmarking experts can pinpoint gaps, strengths and provide a roadmap for enhancing efficiency and revenue growth.