Consulting and Auditing Services

Radiation Business Solutions offers an array of services to enhance your oncology program. Our oncology experts have decades of experience in all types of settings: academic hospitals, community cancer centers, private practice, and critical access hospitals, as well as freestanding centers.

 

Some of our consulting services include:

Education and Training

Employment Contract Review and Negotiations

Equipment Procurement

Finance and Accounting Services

Leadership Development

Marketing Strategy and Services

Operational Assessments

Physician Succession Planning

Revenue Cycle Audits

Revenue Cycle Audits

While a regular review of your billing process is essential for your bottom line, we believe that it is even more critical for your patients.

 

An effective revenue cycle program reduces the number of unnecessary denials, ensures that patients are paying the correct amount out of pocket, and, ultimately, reduces patient financial anxiety. We’d love to help you ensure that your patients are getting the very best care for their financial journey as your team puts forth for their clinical care!

 

RBS will review the processes that occur within the revenue cycle as well as audit the medical records for compliance and accuracy.

 

Our expert auditors will review the following aspects of your process:

• Insurance verification and benefit assessment
• Prior authorization and financial clearance
• Financial counseling
• Documentation and CMS compliance
• Charge capture
• Coding and billing accuracy
• Chargemaster review
• Collections and denial management
• Key Performance Indicators (KPIs) / best practice metrics

 

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Operational Assessments

Does your team feel like they need more help? Have you hired more staff, but the work is still not getting completed? Are your staff practicing at the top of their licensure? Is it impossible to get approval for a new FTE?

 

Let RBS perform a thorough and detailed Operational Assessment.

 

We’ll review the following aspects of your practice:

• Staffing benchmarks and productivity
• Capacity analysis and optimal throughput
• Patient access
• Process flow and space analysis
• Organizational structure and reporting relationships
• Patient satisfaction
• Policy and procedures
• Job descriptions

Education & Training

In the ever-changing reimbursement environment, even the best internal billing team may have trouble keeping up with the latest guidelines. The business of radiation oncology is specialized and is best learned from qualified experts in the field.

 

Our team can provide onsite and remote training for your team on billing and coding guidelines to ensure that your practice is compliant, and following the very latest rules and regulations.

Leadership Development

Staff turnover is expensive and leadership turnover even more so.

 

Our experts in leadership development and executive mentorship offer an option for you or your team. Leadership Development can increase employee morale and retention, improve productivity, promote better decision making, build better teams, and train future leaders in your company who have a management style that is conducive to a positive working atmosphere.

 

As a part of our process, our experts will:

• Assess the capabilities, strengths, and weaknesses of the current leader(s)
• Develop a Leadership Development Plan using external resources and internal mentoring to assist with successful retention of the current leader(s)
• Coaching in regards to negotiation, change management, and communication
• Hardwire accountability measures
• Assist with evaluation of current staff to determine viable candidates for promotion instead of external recruitment
• Create Action Plans and Key Performance Indicators that are measurable and with defined time horizons

Marketing Strategy & Services

With all the advertising and marketing options available today, it’s easy to throw money away on ads that do not target the right consumers. We recognize that many of your patients are referrals which means that traditional healthcare marketing tactics may not be right for your practice.

 

Let our team of radiation oncology marketing experts develop a strategic marketing plan for you, helping you to reach the patients who need your services.

 

We can give you a blueprint for a marketing plan that works, and we can even do the heavy lifting – from website development to social media content, to advertising and collateral development; we have a plan that fits your needs.

 

We offer a variety of marketing services that will connect you with patients who need your services.

 

Contact us today to learn how we can help!

Finance and Accounting Services

The Expertise You Need to Keep Your Practice Running Smoothly.

Whether your practice is large or small, the administrative burden of the finance and accounting services can be overwhelming. This is especially true if turnover is high or finding capable staff is difficult. Is your finance staff capable of forecasting, trending, and keeping with the best practice benchmarks as well as reimbursement changes? Let our expert finance staff relieve you of this burden.

 

Finance and Accounting Services:

  • AP Process (entering and paying vendor invoices)
  • Payroll administration and processing
  • Annual budget preparation and presentation
  • Manage and fulfill responses to audit requests if applicable
  • Ad hoc financial analysis and financial advisory services (excludes technical tax issues)

 

Monthly Finance and Accounting Reports

  • Month-end close entries (accruals)
  • Calculation of revenue entry including assessment of contractual/bad debt reserves
  • Financial Package
    • Current Month/YTD Financial Statements (Income Statement, Balance Sheet, Cash Flow, Statement of Equity)
    • Analysis of variances to Budget
  • Month-end meeting with Management to discuss performance

Physician Succession Planning

Physician succession planning must begin before providers reach retirement age. This is especially true for oncologists that own their practice and equipment.

 

Our experts have proven success in assisting practices with succession planning. This expertise allows for objectivity, assistance with recruitment, and coordination of the interview process. Providers can focus on patient care while experts oversee this time-consuming process. Learn more about how we can assist with succession planning.

Employment Contract Review & Negotiation

When negotiating an employment agreement, it helps to have someone with extensive industry knowledge on your side. RBS has effectively negotiated hospital employment agreements for many physicians, resulting in better terms and better reimbursement. For a flat fee, we will review your employment offer and negotiate the agreement on your behalf, getting you the best deal possible.

 

Equipment Procurement

RBS can work on your behalf to negotiate the best price possible on new equipment. We have relationships with all of the major vendors and are often able to leverage our size and scale to your advantage.

 

RBS is able to provide all of these services and more to help your practice thrive. With our broad experience and wide range of expertise, we can develop a custom solution to meet your practice needs. Contact us today to learn more!