Increase Your Emergency Department Revenue by Improving Your Charge Capture

For over 20 years, Ryerson Healthcare Consultants has lead the industry in emergency department improvement. Our proprietary charge capture improvement process has helped over 500 clients in over 40 states recapture hundreds of millions of dollars in lost revenue.

With mounting pressures in the healthcare industry, EDs are rarely profitable. Yet emergency departments typically represent over 40% of hospital admissions. Missing charges on such a large portion of hospital revenue is not only bad for the department, it can be devastating to the entire hospital system.

Ryerson's proprietary charge capture improvement process -- The Ryerson Way -- not only enhances charge capture, it reduces throughput time and expedites the admissions process. This allows the ED to increase its revenue and the volume of patients treated and admitted to the hospital. Most importantly, optimizing the entire care stream means higher patient satisfaction. Higher patient satisfaction means broader demand and another opportunity for increased revenue.

The Ryerson Way is so effective and so immediate in transformation that most emergency room clients experience an increase in revenue and care improvement within 2-3 months. Long-term improvement also occurs as department management, clinical staff and executive leadership are trained to build on the gains achieved during implementation by Ryerson consultants.

Ryerson Healthcare Consultants staffs each engagement with experts in ED services: physicians, nurses, process engineers, specialists in the ED revenue cycle, and information technology consultants. All of our consultants are intimate with the healthcare environment, each having served or still serving in their respective healthcare fields. Additionally, all consultants are credentialed by various healthcare associations.

An exclusive feature of The Ryerson Way is a proven leveling methodology for facility Evaluation and Management coding that correctly links level assignment to the resources consumed in the patient encounter. This enables hospitals to accurately code, capture and bill for ED visits. Our work emphasizes thorough and accurate documentation, coding, charging and billing to support maximum revenue capture.

Try The Ryerson Way today to improve your charge capture. We offer a FREE, no-risk, no-obligation 25-chart audit for emergency departments. And with just these 25 charts, we will provide an audit report providing you a glimpse of your lost revenue opportunity for a full 12-month period. To schedule your FREE audit today, call 330-670-6900 or contact us online.