TransCend Healthcare is a national revenue cycle, professional services firm based in the Nashville, Tennessee area. TransCend Healthcare combines "Best of Practice" methods with the latest technology to assist healthcare providers by improving their cash flow, decrease accounts receivable, and reduce bad debt.
As a leading provider of Revenue Cycle Solutions, TransCend Healthcare offers a proactive approach to operating an efficient and well-run business office. In an environment of decreasing revenue and budgetary constraints, partnering with a company that can undertake system consulting and receivables management projects of every kind is a cost-effective approach to revenue cycle improvement.
TransCend Healthcare provides a full continuum of services including revenue cycle performance review, workflow process redesign and receivables resolution support. To accomplish these functions, TransCend Healthcare not only uses industry benchmarks, but also utilizes the “Best of Practice” methodology to improve workflow processes and increase cash flow.
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TransCend Healthcare’s Automated Claim Status (ACS) Service is the proprietary system we have developed to status accounts for many payors in bulk. With ACS you can status your accounts receivable inventory and capture more data in a day than a typical business office could do in a month!
The ACS service and the reconciliation and reporting services help our clients increase cash collections, increase staff efficiency, and enhance reporting.
“Would it benefit your organization to reconcile 100% of your claims to your primary payors each week?”
TransCend Healthcare utilizes reports from your Health information System (HIS) not your billing software, showing ALL amounts due from third party payors as the starting point for our status processing. This ensures that 100% of those payors outstanding balances (regardless of age, account balance, etc.) will have status obtained from applicable payors. Most providers are not staffed to aggressively work small balances and aged accounts.
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Increased Cash Flow
Reduced Accounts Receivable
Reduction in Bad Debt Write-Offs
Decreased Denial/Rejection Rates
Potential Recognition of Additional Revenue
Decreased accounts receivable that was greater than 90 days in aging to 15%
Customized solutions that combine on and off-site staff to ensure maximum cash recovery, quick resolution, and a successful conversion process
“Best of Practice” methodology and processes for lasting improvement in revenue cycle performance
TransCend Healthcare offers many hospital revenue cycle services, but we have one mission - Increase YOUR CASH ... Now!
Let us design a solution for your accounts receivable today! |
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