Recovery Services
Integrity Analytics™
Ann Fierro, Omega Founder
& President, Explains Process
The DNA of a full-service revenue cycle provider with a laser-focus on Lost Charge Recovery.
Cash To Your Hospital: Missing charges found average approximately 1% of additional net revenue.
Fixing The Problems: Revenue cycle assessment and root cause analysis for process improvement.
THE LOST CHARGE RECOVERY PROCESS
The Initial Assessment
Review key elements in your revenue cycle, report findings, provide a Management Action Plan, summarize the financial impact to your hospital from a formal Lost Charge Recovery project.
Identification and Validation
Revenue Integrity Analytics™ identifies and verifies every potential lost charge by comparing it to its medical record. 
Billing and Collection
Submit found charges to the payer as late charges. Follow-up with payer, support charge, and appeal denial if necessary. Payment received by the hospital; contingency fee paid to Omega.
Reporting and Improvement
Dashboard reporting of KPIs, program reviews, root cause and corrective action programs to ensure financial and quality improvement.THE DIFFERENCE IS IN THE DETAILS
Omega has the DNA of a full-service RCM service provider with a laser focus on Lost Charge Recovery.
As an early adopter of technology, we developed our Revenue Integrity AnalyticsTM platform of apps and processes including Analytics and Workflow; CDM Integrity; Eligibility; EDI; Claims Management; Claim Status; and Claim Analysis.
THINGS TO KNOW
Learn how to maximize your Lost Charge Recovery Project
Lost Charge
Recovery | Complete Description