Frequently Asked Questions

FAQs

Healthcare FAQS

Healthcare consulting plays a significant role in the United States healthcare system. This industry has experienced major growth in the past few years. Due to the increasing challenges in the healthcare industry, there is a demand to have experts in the field to offer timely solutions. Healthcare consultants aim to improve general health, reduce healthcare costs, and improve patients’ satisfaction.
Healthcare is a complicated sector. There are hundreds of laws, regulations, and policies that should be followed. Additionally, it encompasses various jobs, professions, diagnoses, treatment, and medication daily that need tracking. Executing these tasks perfectly is crucial to saving lives. This is what healthcare consultants do. We will look at a few FAQs regarding healthcare consultancy.

Frequently Asked Questions about Healthcare Consultation

Healthcare consulting provides solutions to complex healthcare challenges. It offers advisory and consulting professionals to help organizations navigate through these challenges. The professionals then manage emerging trends and patients loads effectively.


Healthcare consulting optimizes efficiency, improves revenue generation, and provides structural improvements. It can encompass strategic consulting, marketing, HR and people management, regulatory and legal affairs, implementing technology and revenue, and experts dealing with revenue and reimbursements. The goal is to facilitate the making of better decisions in the organization, which increases profit-making.

This term groups various job descriptions into one. However, strategic management is the most common job. It entails offering advice to organizations regarding mergers and acquisitions, which relate to accountable and quality healthcare. They help organizations make sense of healthcare economics by improving their financial health.
Healthcare consultants are skilled in researching, analyzing, and pointing out weaknesses and strengths in the facility's finances. They look at areas such as clinical infrastructure, economic strategies, operational goals. After they spot the weak and strong areas, they provide implementable solutions that streamline the economic processes. Healthcare consultants' goal is to offer solutions to help facilities use their budgets effectively but achieve their mission of providing quality healthcare.

Healthcare consultants focus on the business side of the healthcare industry. As such, the skills required in this field are similar to those needed to be successful in business. These skills are vital to become a successful healthcare consultant. They include:



  • Attention to details:There are multiple projects to work on in healthcare consultancy. As a result, professionals in this field need to be more focused and retain the tiniest details of the project.
  • Communication skills:You need to relay the results of your analyses clearly and concisely aptly.
  • Analytical skills:You need to have the ability to research, analyze and make sense of the data you have collected. It allows you to make better decisions about improving a healthcare facility's financial health.
  • Interpersonal Skills:The HR and people management type of healthcare consulting requires dealing with people handling delicate issues that can include staffing. You need to espouse professionalism and mutual respect throughout this experience.
No, as of June 1st, 2019, UnitedHealthcare revised their consultation policy which no longer offers reimbursements for CPT® codes 99241-99255.
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Frequently Asked Questions about Healthcare Credentialing

It is the process of assessing the background and legitimacy of licensed medical professionals. Most of the healthcare institutions conduct this process through a credentialing specialist or a committee. This process verifies that a healthcare provider is competent and legal.
There are several ways that credentialing benefits the healthcare industry:

  1. It prevents revenue losses due to fines and civil penalties.
  2. It helps promote best practices when delivering care in the community.
  3. It safeguards a patients' interests.

Frequently Asked Questions about Healthcare Performance Improvement

Performance improvement is the continuous assessment of a healthcare organization's processes and functions to help improve the chances of getting desired outcomes that meets a patient's needs.



Performance improvement in healthcare aims to ensure a patient's safety, improve care outcomes, increase patients' care frequency, reduce costs and liabilities. Regulatory bodies mandate these activities.

There are various problems in health facilities today. They include delays in inpatient discharge, medical errors that can be prevented, reduced budgets, and hospital-acquired infections. Hospitals are always trying to invent systems to address these issues. Performance improvement activities are crucial in this area. An example of these activities include:



  • Identifying an opportunity to improve. For example, early identification of sepsis to reduce the mortality rate from this condition.
  • Getting a group of professionals to work together to improve the quality of an activity. For it to be a success, it needs to include team members who work in various processes that are linked.
  • Collecting and analyzing information and data such as individual patient's data, combined patients' data, best-practices information, care standards, research studies, and evidence-based practices.
  • Introducing collaborative examination and evaluation of the existing process
  • Getting rid of clinical variation that negatively affects a patient's care.
When healthcare organizations or providers use Credentials Verification Organization to conduct medical credentialing, it is known as CVO credentialing. The CVOs need to acquire the provider's primary source verification documents on behalf of the organization. It is crucial to verify the medical credentials for the safety of the patient. The credentialling process verifies that providers dealing with patients are trustworthy, reliable and have the necessary education and certificates for that specific interaction.

General Frequently Asked Questions

There are various circumstances which may necessitate the services of a healthcare consultant:

  • If you have limited internal resources, for example due to management vacancies.
  • If you are planning for a major acquisition or expansion such as a merger.
  • Consultants are also crucial when you want experts in your business.

Our evidence-based evaluation looks at your business model before and after our input. We give valid and reliable information showing the efficacy of the services.

 

As a business, you will have access to new knowledge and notice great business improvements. Our key performance indicators (KPIs) come from the most efficient software in the industry, and we give all the details about your progress.

Each service has a different charge rate. You can contact us to get details of the charges depending on what you need. We can also discuss about an installment option for your business. Our services are flexible and custom-made to fit your business needs and financial capacity.

Yes, you can read through our websites for testimonials from our former clients. We can also give you testimonials from clients who have given us permission to share their reviews. For confidentiality, we never share any information to third parties without your consent.

We believe in protecting clients’ data and information. We maintain data confidentiality by preventing unlawful, unintentional, and unauthorized use. We use the latest data protection encryption techniques to prevent malicious hacking. In case we need to share information like reviews, we do so after getting your consent.

To acquire our services, contact us. After that, we discuss about your business to assess the services you need. Our in-depth evaluation helps to identify gaps and create a strategy to outdo your competitors. Maven Concept helps you see the value for your money even before any financial obligation.

  • Credentialing
  • Healthcare performance improvement
  • Healthcare consulting
  • Billing
  • Branding
  • Human resource
  • Finance and accounting
  • Legal processes
  • Registration and compliance, among others.

The major reason healthcare business fail is inexperience in managing. It can come from unwillingness to delegate, and poor planning which lead to operation problems. When such issues are addressed, the healthcare business succeeds.

A business plan helps steer your business in the right direction. It also helps you take a step back when you reach business milestones. It is also important for getting investors or business partners as it helps inspire confidence

Maven means accumulator of knowledge who passes it on to others. We help healthcare business become successful by disseminating knowledge we have gained over the years to help your business grow.

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contact@mavenconcept.com
New York, USA