Baker Tilly brings together healthcare’s leading technology companies to create a fundamentally new approach that optimizes revenue cycle operations for large healthcare provider organizations.
CHICAGO (Jan. 18, 2018) – Leading accounting and advisory firm Baker Tilly Virchow Krause, LLP (Baker Tilly) announces the launch of its Revenue Cycle Innovation Center (RCIC) – a new end-to-end service to help healthcare organizations maximize revenues and drive innovation.
“Our goal was to break the pattern of underperforming revenue cycle programs in the healthcare industry,” Baker Tilly Principal Michael Duke said. “Baker Tilly’s Revenue Cycle Innovation Center is a comprehensive approach that combines industry expertise and advanced technology to substantially improve operational and financial performance across the full spectrum of revenue cycle activities."
Baker Tilly’s Revenue Cycle Innovation Center is a first-of-its-kind with a coordinated team approach featuring the healthcare industry’s leading technology companies. AcuStream, Datawatch, Ontario Systems, Recondo and Tableau work together to solve systemic and complex problems faced by large hospitals and physician groups.
The RCIC arms healthcare providers with actionable data to make better business decisions and keep pace with the ever-changing healthcare environment. Its solution set drives material increases in annual net revenues and eliminates unnecessary costs with a focus on the following:
- Automate repeatable business processes to reduce human error
- Improve accountability and compliance with work activities
- Implement effective operational analytics
- Leverage technology to improve productivity and employee effectiveness
To learn more about Baker Tilly’s Revenue Cycle Innovation Center visit www.bakertilly.com/rcminnovation.
About Baker Tilly Virchow Krause, LLP (bakertilly.com)
Baker Tilly Virchow Krause, LLP (Baker Tilly) is a nationally recognized, full-service accounting and advisory firm whose specialized professionals connect with clients and their businesses through refreshing candor and clear industry insight. With approximately 2,700 employees across the United States, Baker Tilly is ranked as one of the 15 largest accounting and advisory firms in the country. Headquartered in Chicago, Baker Tilly is an independent member of Baker Tilly International, a worldwide network of independent accounting and business advisory firms in 147 territories, with 33,600 professionals. The combined worldwide revenue of independent member firms is $3.4 billion.