Partnership with Navigant Yields Top Quartile-Performance in Revenue Capture and Claims Submission
In July 2016, Penn engaged Navigant to provide an assessment related to their readiness for their forthcoming hospital Epic EHR go-lives. The assessment helped to define multiple risks three months prior to the first go-live wave.
Penn further engaged Navigant to provide revenue cycle support for its four hospitals converting to the Epic hospital billing platform. Navigant partnered with the Penn and Epic implementation teams to mitigate risk of revenue and cash disruption at each go-live, particularly in the areas of charge capture, pre-bill management, and claims integrity. The Navigant team oversaw risk mitigation campaigns in the following key revenue cycle initiatives:
Penn and Navigant are partnering on a yearlong project to support Penn in financial risk mitigation, associated with the EHR conversion of a recent strategic partnership with a health system in the region.
The most sophisticated system in the world cannot produce outstanding results in the revenue cycle. A system is just a tool. It is the human infrastructure that collaborates, takes ownership, and holds themselves accountable that delivers great outcomes.”
Thomas M. McCormick Jr.
VP of Patient Accounting, Penn Medicine