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We’re ready to help you get to that next level in your revenue cycle future.
Gustafson + Associates is the industry’s leader in serving best-performing organizations and those that want to grow to that level. If your organization is doing well, but you want to reach even further, you can depend on G+A to provide you with the information, tools, training and specialized assistance you and your team need to reach beyond the low-hanging fruit and grasp the strategic solutions to your revenue cycle future.
Experience has taught us that effective healthcare financial management is an art as well as a science. G+A consultants have both the strong interpersonal skills and hands-on expertise that successful revenue cycle solutions demand.
We welcome the opportunity to show you what we can do. For today and for tomorrow.
Cost to collect is an operational performance trending indicator many organizations use to track revenue cycle efficiency and productivity. According to the Healthcare Financial Management Association (HFMA) this traditional calculation looks at the total revenue cycle cost divided by the total cash collected. This is a good indicator to track.
But the cost to collect ratio does not take into consideration the number of accounts resolved – only the dollars collected. Unlike the traditional cost to collect calculation, TRACostSM:
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