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