Financial Reporting & Analysis

Financial Reporting & Analysis

TriumpHealth does not provide clients with mounds of paper each month in which a few important pieces of information are hidden. Our financial reporting gives you the insight you need to address the root causes of charge issues, resolve process inefficiencies, improve coding compliance, and ensure the integrity of all claims. Office Managers and Administrators can easily review performance and trends, drill down into the data to analyze root cause by reason, evaluate payer performance, and the financial impact of claim denials.

Examples of some of the financial reports we provide (above and beyond the typical month end reports that give details around charges, collections and your AR) include:

  • Charge & Revenue Analysis – evaluate financial ratios versus MGMA benchmarks
  • Coding Analysis – identify potential under, over and incorrect coding scenarios
  • Procedure Analysis – analyze top CPT codes for cost benefit analysis
  • Payer Reimbursement Analysis – assess which payers consistently slow up payments through unnecessary denials and “lost” claims
  • Provider & Staff Productivity Analysis – evaluate provider and staff productivity based on specific place of service, revenue and RVU’s
  • AR Aging Analysis – velocity of payments per payer and CPT respectively

Let TriumpHealth help you start maximizing your revenue today, contact us!