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Unique Solutions to Improve Financial Performance
Program Development & Approvals
With the roll-out of the Texas Ambulance Services Supplemental Payment Program, Revenue Optimization Solutions, LLC 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.
Revenue Optimization Solutions, LLC is a leader in getting ambulance service providers approved to participate in the Texas Ambulance Services Supplemental Payment Program. Revenue Optimization Solutions, LLC, 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.
Revenue Optimization Solutions, LLC is also a leader in developing cost models that optimize revenue under the State program while mitigating the risk of audit findings.
Staff of Revenue Optimization Solutions, LLC worked with the State of Texas to develop the Ambulance Services Supplemental Payment Program, and they continue to provide consultation to improve this program. Revenue Optimization Solutions, LLC 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.
Cost Reporting
Revenue Optimization Solutions, LLC, 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 Revenue Optimization Solutions, LLC 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.
Revenue Optimization Solutions, LLC 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 Revenue Optimization Solutions, LLC 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 cost reports quickly and efficiently, with an eye towards revenue optimization and audit risk mitigation.
Charge Master Rebalancing
Determining the optimal charge for the services you provide impacts not only the amount you will receive on the front-end from your billing operations, but will have a significant impact on the back-end revenue generated from the Texas Ambulance Services Supplemental Payment Program. Revenue Optimization Solutions, LLC provides unsurpassed charge master rebalancing to identify the optimal 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 Revenue Optimization Solutions, LLC 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 Revenue Optimization Solutions, LLC staff understands the sometimes complicated political and community pressures surrounding making changes to your charges. Revenue Optimization Solutions, LLC, 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.
Cost Allocation and Accounting
Revenue Optimization Solutions, LLC provides cost allocation and cost accounting services to optimize revenue and minimize audit risk. Staff of Revenue Optimization Solutions, LLC 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. Revenue Optimization Solutions, LLC is a leader in accounting for and allocating costs to service categories, which will optimize revenue for you in a federally compliant manner.
Revenue Optimization Solutions, LLC approaches each engagement intending to mitigate audit risk while optimizing what is allowable under federal and state rules and regulations. The experience of Revenue Optimization Solutions, LLC staff is unsurpassed when it comes to identifying allowable costs for inclusion in the Texas Ambulance Services Medicaid Supplemental Payment Program.
