Deduction Therapy can provide you with the insight you need to ease your deduction woes and improve your bottom line.
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This service, most typically provided on a quarterly basis, provides you with an individualized prescription to facilitate your road to recovery by providing you with:
See key causes and customers affecting your deduction performance
See which deductions are “the cost of doing business” vs loss due to operational inefficiencies
Review a detailed document 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
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|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|
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