Day hospitals Billings+
Streamlined, accurate billing for day hospitals – see how we can help
Simplified and reliable billing for day hospitals
In a busy day hospital, incorrect health fund reconciliation, missing billing deadlines and coding errors, can all lead to revenue loss.
Our Billings+ team can provide a specialised service for day hospitals, helping to ensure accurate and timely billing for medical procedures, services and treatments.
This service could play a critical role in streamlining a hospital’s revenue cycle, helping to improve cash flow, and to maintain compliance with regulatory standards.
End-to-end support
Comprehensive invoicing, claims, accounts receivable, and reporting — all managed for you.
Fewer rejections
Coding and compliance can be provided to help reduce claim errors and delays.
Faster collection
Scheduled billing which can lead to quicker collections from health funds, patients, and insurers.
Better patient care
We can take care of billing issues, giving you more time to focus on patient care.
Day hospitals billings audit
Our billing and audit service is designed specifically for day hospitals, helping to ensure financial security and efficiency across billing and debt collection processes.
Scope of the audit
- Through assessment of your billing process, we can review areas such as patient admission, service coding, billing system accuracy, and invoicing.
- We also examine debtor management practices, including patient communication, invoicing schedules, and collection timelines.
- Payments from health funds and patients are reconciled to help ensure they match the billed amounts.
- Additionally, we analyse outstanding debts, to identify patterns and categorise the debts by age (30, 60, or 90+ days).
Deliverables
- A comprehensive report is compiled, detailing the audit findings, including potential areas for improvement in billing accuracy, debt management, and recovery rates.
- The report also includes an analysis of key financial metrics such as billing accuracy rates, debtor days (average time to collect debts), and claim rejection rates.
- We provide strategic recommendations to help improve billing efficiency and optimise cash flow, along with a step-by-step action plan to address any identified billing or debtor management issues.
Benefits
- We work with you to identify any issues that may be contributing to delayed payments, and implement strategies to accelerate collections.
- By reducing errors in coding and invoicing, we aim to minimise any disputes and denials.
- Additionally, we streamline the billing and collection processes, which can help to improve overall efficiency and free up your staff to focus on other critical tasks.
Timeline
- Through an initial consultation, we assess current processes and collaboratively set a tailored plan.
- The audit can take 2-6 weeks to complete with the final report and recommendations delivered one week after audit completion.
Optional Services
- Offering staff training on best practices in medical billing, debtor follow-up, and using billing software more effectively.
- Reviewing opportunities to automate billing processes to reduce human error and improve efficiency.
- Providing ongoing support to periodically review billing and debtor processes for continuous improvement.
Persons implementing any recommendations contained on this webpage must exercise their own independent skill or judgment or seek appropriate professional advice relevant to their own particular practice. Compliance with any recommendations will not in any way guarantee discharge of the duty of care owed to patients and others coming into contact with the health professional or practice. Avant and Avant Practice Solutions are not responsible to you or anyone else for any loss suffered in connection with the use of this information. Information is only current at the date initially published. © Avant Mutual Group Limited 2025.
