Skytale Group, a trusted boutique investment banking and management consulting firm specializing in healthcare, announces the launch of its Revenue Cycle Management (RCM) consulting services. This new offering is designed to empower dental, medical, and multi-location healthcare practices by optimizing cash flow, addressing inefficiencies, and unlocking maximum revenue potential.
In an environment where reimbursement trends grow increasingly complex, effective revenue cycle management has become a cornerstone of financial success. Skytale’s RCM consulting services employ a comprehensive, data-driven approach to evaluating, refining, and continuously improving RCM processes. These solutions are tailored to meet the unique challenges faced by dental and healthcare organizations navigating rapid growth, shifting payer landscapes, and mounting margin pressures.
“Revenue cycle management is a critical determinant of a practice’s profitability and long-term sustainability,” stated Annie Robertson Hockey, President and Head of Management Consulting at Skytale Group. “Our RCM consulting services are not about temporary fixes; they are rooted in strategic insights, operational excellence, and hands-on implementation to build scalable, sustainable processes that support our clients’ success.”
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Greg Mahoney, Senior Management Consultant at Skytale Group, added, “RCM is often overlooked, yet it plays a pivotal role in the financial health of healthcare organizations. Many practices lose significant revenue due to gaps in denial management or inefficiencies in their processes. Small adjustments, such as improving eligibility verification or tracking denials more effectively, can yield substantial improvements in collections and cash flow. We are excited to formally offer this service, providing our clients with a clear, actionable path to improved revenue performance.”
Key Features of Skytale’s RCM Consulting Services Include:
- Performance Assessments & Benchmarking: Comprehensive end-to-end audits to identify revenue leakage, denial patterns, and process inefficiencies.
- Workflow Optimization: Streamlined front-end, mid-cycle, and back-end processes to enhance collections and eliminate administrative errors.
- Technology & Automation: Strategic integration of advanced tools, including AI-driven solutions, to improve claims management, eligibility verification, and payment posting.
- KPI Monitoring & Training: Tailored dashboards, standard operating procedures, and continuous education to support data-driven decision-making and maintain compliance.
- Staffing & Vendor Strategy: Expert guidance in assessing internal teams and external vendors to align resources with organizational objectives.
To cater to the diverse needs of dental organizations, Skytale offers three flexible engagement models: one-time performance audits with actionable roadmaps, monthly advisory retainers with ongoing performance tracking, and project-based support for implementation and vendor management.
Source: PRNewswire
