Let’s talk numbers.
“Client S” is a small, not-for-profit, 40 bed micro-hospital in the Southeast.
HIA performed a 65-record review this year for Client S and found an opportunity with 15 of them. 9 had an increased reimbursement with a total of $43,228 found.
That is a lot of money for such a small sample size!
The remaining six records had a decreased reimbursement with a total of $7,072 found.
Some more numbers:
CMI increased 0.1032
Overall ROI of 4:1
On average, we found $556 increase/record reviewed