Revenue Optimization Solutions, LLC
With the roll-out of the Texas Ambulance Services Supplemental Payment Program, RevOPS provides program approval and cost model development services to get you approved to take part in this program faster than if you were to do it on your own.
RevOPS is a leader in getting ambulance services providers approved to participate in the Texas Ambulance Services Supplemental Payment Program. RevOPS presents the required information for approval quickly, and in a way that minimizes questions from the State; thus, allowing you to become an approved provider sooner and generate more revenue.
RevOPS is also a leader in developing cost models that optimize revenue under the State program while mitigating the risk of audit findings.
Staff of RevOPS worked with the State of Texas to develop the Ambulance Services Supplemental Payment Program and they continue to provide consultation to improve this program. RevOPS staff have the experience and knowledge to know what the state is looking for so you can expedite the approval process and generate more revenue.
RevOPS provides unsurpassed cost reporting services for providers participating in the Texas Ambulance Services Supplemental Payment Program.
The Texas Ambulance Services Supplemental Payment Program uses a complex annual cost report as the mechanism by which you receive revenue as part of this opportunity. It is important to make sure all sections of the cost report are completed with sufficient support to optimize revenue and mitigate audit risk. The experience of RevOPS staff in developing this program with the State and in preparing cost reports will allow you to generate the maximum allowable revenue under this program while mitigating audit risk.
RevOPS staff worked with the state to develop the cost report for the Texas Ambulance Services Supplemental Payment Program and have been submitting cost reports as part of this program dating back to 2009. Staff of RevOPS are certified to prepare all provider cost reports for the Texas Ambulance Services Supplemental Payment Program, and this experience will allow you to prepare and submit the costs reports quickly and efficiently, with an eye towards revenue optimization and audit risk mitigation.
Charge Master Rebalancing
Cost Allocation and AccountingDetermining the optimal charge for the services you provide impacts not only the amount you will receive on the front-end from you billing operations, but will have a significant impact on the back-end revenue generated from the Texas Ambulance Services Supplemental Payment Program. RevOPS provides unsurpassed charge master rebalancing to identify the optimal to charge today and in the future for the services you provide.
Optimizing charges is essential for bottom-line financial performance and maximizing revenues as part of the Texas Ambulance Services Supplemental Payment Program. Given state and federal rules surrounding Medicaid and uninsured reimbursements and charges, it will be critical for you to review how you set your charges for your BLS, ALS, mileage, supplies, and other services. The experience of RevOPS staff in this area will allow you to see where you are today and where you need to go in the future to optimize revenue generation.
The RevOPS staff understands the sometimes complicated political and community pressures surrounding making changes to your charges. RevOPS uses data analytics to present a range of options to you that will show the benefit of the increase in charges to you in incremental revenue. We also present a range of options that will allow you to implement these charge adjustments immediately or over several years.
RevOPS provides cost allocation and cost accounting services to optimize revenue and minimize audit risk. Staff of RevOPS are certified in Medicaid cost allocation and accounting, and are able to identify all allowable costs for inclusion in the Texas Ambulance Services Supplemental Payment Program.
Given the reimbursement methodology included in the Texas Ambulance Services Supplemental Payment Program, it is essential to account for all allowable costs related to ambulance/EMS service delivery. RevOPS is a leader in accounting for, and allocating costs to service categories the will optimize revenue to you in a federally compliant manner.
RevOPS approaches each engagement with an eye towards mitigating audit risk while optimizing what is allowable under federal and state rules and regulations. The experience of RevOPS staff is unsurpassed when it comes to identifying allowable costs for inclusion in the Texas Ambulance Services Medicaid Supplemental Payment Program.