RISARC's Revenue Cycle Operational Initiative service (RCOI) helps your business office improve its internal revenue cycle operations—maximizing your cash flow and financial performance. Our in-depth systems knowledge, paired with RISARC's expert consulting, analyzes your financial services system, and redesigns your current business office and/or patient access structure. Our signature RISARC 360° service then takes a "hands-on" approach to implementation—making sure that the path to boosting your financial performance is a smooth one.

Why Choose the Revenue Cycle Operational Initiative Service?

It's a fact: Receivables aged 150 days cost more to resolve than receivables aged 0-60 days.

• RISARC resolves all insurance accounts greater than 150 days and makes changes within your system that eliminate future accounts from becoming aged to 150 days.
• RISARC's trend reports help you compare the internal improvement with your receivable.

It's a fact: If your claim submission rate is not 90% electronic, it costs about 50% more to collect hardcopy receivables or secondary receivables.

• RISARC analyzes your current billing system by payer and offers recommendations to achieve 90% electronic capability.
• RISARC creates a fully automated workflow system to ensure claims are billed and followed-up timely.

It's a fact: Improper workflow and rework can quadruple overhead costs in your organization and negatively impact how your claims get paid.

• RISARC's proprietary training and methodologies can help your office streamline processes and maximize cash flow.
• RISARC implements customized tracking tools for your office that help you pinpoint workflow weaknesses and determine methods for improvement.