Deduction Therapy
Deduction Therapy provides companies with the insight they need to ease their deduction woes and improve their bottom line.
This service, most typically provided on a quarterly basis, provides clients with an individualized prescription to facilitate their road to recovery by providing them with:
Better
Visibility
Visibility into the key causes and customers affecting your deduction performance
Clear Understanding
Clear understanding of which deductions are “the cost of doing business” and the amount lost due to operational inefficiencies
Detailed
Roadmap
Easy-to-read roadmaps outlining improvement opportunities
This information along with our unique experience and insight can help focus the efforts of your internal team to:
- Increase recoveries of invalid deductions
- Streamline processing to reduce current workload and improve performance levels
- Identify root causes of major compliance violations and develop corrective actions
| Plan Deliverables | Bronze | Silver | Gold |
|---|---|---|---|
| Quarterly | Quarterly | Monthly | |
| Clear, concise Snapshot Deduction Reporting highlighting key reasons, main offenders and critical aging analysis | |||
| Written Narrative summarizing deduction results highlighting key issues and changes from prior period | |||
| Benchmark comparison of key deduction metrics against industry/channel peers | |||
| Action Plan outlining step-by-step activities to achieve results, including timelines, responsible parties and progress from prior period | |||
| 2 Hour Conference Call / team facilitation to review findings, identify and focus on key activities for next period |