Hospital Revenue Cycle Solutions
Hospital Revenue Cycle Solutions
  • Home
  • SERVICES
    • Revenue Cycle Management
    • Add Hospital Net Income
    • Credit Balance Services
    • Quick Income Pickup
    • Denial Prevention
    • Accounts Receivable
    • 90-Day RCM Quickstart
    • Compliance Services
    • Private Practices
  • About
    • Blog
    • About Us
  • Contact Us
  • More
    • Home
    • SERVICES
      • Revenue Cycle Management
      • Add Hospital Net Income
      • Credit Balance Services
      • Quick Income Pickup
      • Denial Prevention
      • Accounts Receivable
      • 90-Day RCM Quickstart
      • Compliance Services
      • Private Practices
    • About
      • Blog
      • About Us
    • Contact Us

  • Home
  • SERVICES
    • Revenue Cycle Management
    • Add Hospital Net Income
    • Credit Balance Services
    • Quick Income Pickup
    • Denial Prevention
    • Accounts Receivable
    • 90-Day RCM Quickstart
    • Compliance Services
    • Private Practices
  • About
    • Blog
    • About Us
  • Contact Us

Let's talk about your hospital's bottom line

Looking for a guaranteed income boost, A/R clean-up, or help with any RCM challenge? We can help.

John Adams

Chief Growth Officer

Hospital Revenue Cycle Solutions


jadams@hospitalrevenuecyclesolutions.com

(240) 686-5103

leading provider of Revenue Cycle Management services

Our experienced team of professionals is well-versed in the latest technologies and industry best practices, providing you with the most efficient and accurate services available.

streamline financial operations, reduce costs, increase efficiency, and improve cash flow.

Find out more

Get a Guaranteed Income Bump

Reduce your Credit Balances and impact your bottom line

Timely resolution of your credit balances can generate a significant net income pickup for your organization because, typically, only 15% of your credit balances result in refunds to patients/payers. Our team will guarantee an income bump if we work on a Credit Balance project together.


Resolving your credit balances is necessary in maintaining compliance, but it can also be a revenue opportunity. The Healthcare Financial Management Association (HFMA) estimates that a small-to-medium-size hospital generates approximately $2M in credit balances annually.

let's get started with a quick call

remediate your credit balances and GET an income Bump

let's Get Started

Choosing the Right Credit Balance Solution

The CFO of the hospital chose a third option: engage Hospital Revenue Cycle Solutions (HRCS) for this special project, to analyze and process the Receivables Department’s entire load of credit balances spanning 10 years. And what he thought would be an unpleasant necessity turned into a very pleasant surprise—an unexpected $600,000 payoff!


Digging Up Buried Treasure

On a one-month project basis, HRCS worked through 15,000 accounts using its established, well-proven methodology to distinguish true credit balances from the false ones caused by data entry error, a very common occurrence nationwide. 


Errors had led to credit balances totaling $600,000 that the hospital didn’t really owe anyone. It’s not that this hospital’s CBO personnel were unusually bad at their jobs; rather, it’s a fact of human nature that out of the total of actions taken, a percentage of them will be mistakes. So, it’s a universal problem, but one that can easily be fixed if the correct actions are taken.


Saving Staff Hours

The CFO’s original goal of keeping his own staff focused on more clearly profitable activities, such as working unpaid claims, was achieved while HRCS managed and executed the entire credit balance resolution and compliance project from start to finish.


With our deep knowledge and expertise of Medicare and other corporate and governmental regulations on timely resolution of credit balances in receivables, we put the hospital on a secure footing for ongoing compliance in just three weeks’ time.


Converting a Lose/Lose to Win/Win

From the project’s inception, the CFO had understood HRCS’s fee for this service to be the lesser of two evils over the looming non-compliance penalties. However, the reward that ensued – the $600,000 found by HRCS—was an unexpected bonus for seeing that work that had to be done anyway got done and a substantial net gain, even after HRCS’s fee was paid.


Why Choose Hospital Revenue Cycle Solutions?

HRCS partners with organizations to improve their Healthcare Revenue Cycle Management processes, to deliver a faster, more profitable payment system. We are committed to providing highly customized, value-focused revenue cycle outsourcing services that result in efficiency gains, increased corporate and governmental compliance, and overall optimized financial performance for our healthcare clients. 

Partner with a Leader

With more than 20 years of experience, HRCS is a leader in healthcare billing and services, and full CBO outsourcing. We also specialize in high-value, high-touch project work that we execute with unmatched quality, driven by our philosophy of a “client-first” approach to excellence. 

let's talk

Copyright © 2024 Hospital Revenue Cycle Solutions - All Rights Reserved.   

(301) 355-0847

  • Hospital Medical Billing
  • Hospital Credit Balances
  • Unallocated Payments
  • Guaranteed Income Bump
  • Add Hospital Net Income
  • Eligibility Review

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept