Advisory Services
2020 and 2021 Best in KLAS for HIT Advisory Services
Key Advisory Services
Revenue Cycle Transformation
Huntzinger will conduct a comprehensive revenue cycle assessment to identify areas of opportunity for improved financial performance and standardized best practices. Huntzinger reviews the below areas to determine gaps and provide detailed recommendations:
Revenue Cycle Transformation
Improve financial performance across the entire enterprise.
Provision/Documentation of Services
- Review patient and clinical workflows and processes
- Evaluate clinician bedside documentation and orders for charge automation
- Identify gaps and inefficiencies
Claim Submission and AR Management
- Review charge reconciliation processes
- Assess denial management processes
- Diagnose gaps in CDM set up
- Identify missed charges related to supply chain and various ancillary departments
- Examine policies and procedures in HIM and CDI
Payment Collections and Analytics
- Review collections procedures and identify gaps: routing of revenue
- Analyze all financial reports and, where appropriate, recommend streamlining
- Assess Key Performance Metrics and identify areas of opportunity (i.e. AR days, denials by payer, DNFB, etc.)
- Evaluate benchmark data against industry standards
- Inspect error/work queue management for opportunities for efficiency
Huntzinger’s success with our Revenue Cycle Transformation services includes:
- Reduction of AR days by over 10% in 2.5 months
- Detection of 1,900 suspended charges
- Identification of $2.9 million in lab charges
Client Testimonials
The firm is a fantastic partner. They do a great job sourcing sharp, smart people. There are places I have worked that are like body shops and chew through people. People are just recruited and not vetted. I don't believe Huntzinger Management Group keeps a large bench, but they have a nice group of sharp people. When they do a great job, they generate trust, and then we can trust them to do the next thing. I trust them, and they have not disappointed me yet. They have earned our business.
VP/Other Executive – KLAS Testimonial, February 2024
Huntzinger Management Group had CIO expertise. They had clinical, nonclinical, revenue cycle, and IT expertise, so they were very well rounded. I was expecting only finance-type people, but the firm had clinical people and had high-level executives on call. The firm came to our engagement with a wealth of knowledge. The employees were not freshly out of college; they were seasoned strategists. Every resource had a significant background, so I felt like I was sitting in a room with executives who had 20 or more years of experience.
VP/Other Executive – KLAS Testimonial, October 2023
Huntzinger Management Group's strengths are in communication, organization, and commitment. They have a commitment to the timeline and a commitment to what they said they would accomplish. They definitely checked in and validated that what they were delivering was exactly what we were looking for.
Director – KLAS Testimonial, September 2023
The firm has been great to work with. We have a great relationship with them. They are very responsive and are definitely meeting our needs.
Manager – KLAS Testimonial, August 2023
The firm is very up-to-date with the current situation of the market. They understand the vendors in the market. The firm has knowledge of all IT systems, ERP systems, and revenue cycle systems, and the firm understands both the healthcare industry and the technology that is required to support the healthcare industry.