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3M solutions for healthcare CFOs

Compliant coding for accurate payment

For most healthcare providers, revenue has less to do with pricing than with complete, accurate, and timely billing. It is critical to your financial health for all qualifying services to be fully documented, coded and quickly submitted for payment. Profitability depends on reducing DNFB days, A/R days lost charges, denials, underpayments, uncollected revenue and administrative costs to improve cash flow. That’s where 3M can help.

3M can help you stay on top of regulatory changes affecting reimbursement. Our proven solutions produce sustainable improvements in ICD-10 coding, case mix index, revenue cycle and accurate reimbursement.

Solutions for Healthcare CFOs

Clinical documentation improvement

3M solutions for clinical documentation improvement have a proven return on investment, demonstrating sustainable increases in case mix index as well as compliance.

ICD-10 solutions

As you transition to ICD-10 coding, 3M can help you avoid delays in payment from longer HIM turnaround times, external audits and claims adjudication. 3M ICD-10 translation tools, training and consulting services can help your IT systems, clinical staff and HIM personnel be ICD-10 ready and compliant.

Healthcare quality outcomes

You shouldn’t have to worry about the profitability of providing effective care to your most needy and vulnerable patients. 3M solutions can help you demonstrate the value of your services by accurately representing the complexity of your patient mix for more accurate public reporting of your organization’s performance.

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3M experts in the news

Case mix index (CMI) is a constant concern for healthcare financial leaders. In HFMA's Revenue Cycle Forum, Garri Garrison, 3M, discusses the impact CMI has on the revenue stream and provides a step-by-step analysis for finding the root cause for a declining CMI.
Read More.

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See what 3M clients and experts are saying

Read the latest posts on the 3M blog about healthcare payment reform or revenue cycle.

View the YouTube videos about developing a comprehensive outlook for ICD-10.