Trusted by Many
“The time spent with Corridor’s Interim Manager, Clinical Documentation Reviewer, has been some of the most rewarding time I’ve had in my homecare tenure. She has taught our Quality staff, as well as the field staff, so very much! Additionally, she’s been an invaluable resource to our Administrator, CFO, CCO, and new COO for feedback and support. Your Interim Manager has helped us achieve our preliminary goals regarding # of SOC/ROC/Recerts to review in-house…and because of this, we have been able to send the 485s to the MDs more quickly, and have seen a significant shift in the trend of having MD’s sign…mostly because we get them LIVE data as opposed to antiquated information that they have to scramble to confirm is accurate. Talk about return on investment!”
“…An amazing staff that is always willing to go above and beyond to help. The reliability of the staff gives us peace of mind since we know that our billing will be done efficiently and accurately to meet all requirements…”
“…We are now one year in and collections have never been better. We are actually getting paid for the work we are doing with less paperwork and lag time…”
REDUCTION OF DAYS IN A/R
The client was constantly cash-strapped and struggled to pay the bills. The baseline days in A/R were 72 days.
Corridor RCM services addressed pre-billing process gaps, improved A/R follow-up, and denial management expertise.
After 4 months, the days in A/R were reduced to 34 with an improvement rate of 53%.
BILLING PROCESS ASSESSMENT
The client shifted their payor mix from traditional Medicare to Medicare Advantage, which was impacting the client’s financial position.
Corridor’s RCM services did a complete redesign of their billing process, focusing more attention on commercial payors.
Collaborative work with intake and authorization helped to decrease claim denial and rejection rate by 48%. Best practice standards for rejection and denial turnaround resulted in an 86% improvement in the number of claims written off for timely filing.