Revenue Cycle Management
When it is necessary to fill the gap for an unexpected loss of leadership, we provide you with the critical interim leadership you need while the search for the permanent placement is completed. We will assist you with short-term immediate performance improvements, a long-term impact on your organization, and a smooth transition.
We utilize financial analysis, interview, process mapping, and observation to conduct a comprehensive performance review of all functional areas of the revenue cycle. Key performance indicators, leadership capabilities, organizational structure, staffing levels, job functions, job descriptions, policies procedures, and business processes are compared to best practices in the industry. We work closely with the client management team to review the analysis, findings, and recommendations. We will develop a detailed strategic performance improvement action plan focused on short term, mid-term, and long-term strategies to achieve sustainable operational excellence.
We provide point of patient access through account balance resolution performance transformation solutions designed to immediately accelerate cash flow, improve the bottom line and sustain results. Our areas of expertise are accelerating cash flow, reducing accounts receivable, and re-designing business processes for optimal revenue cycle performance.
Who We've Worked With
Ted A. Smith
President & Founder
Ted A. Smith founded The STONESMITH Group in 2007 after spending nearly 20 years as a revenue cycle executive in large healthcare corporations, multi-facility health systems, physician practices, and healthcare consulting firms. He is an accomplished leader known for designing and implementing solutions that improve financial performance.
Ted has dedicated the last 13 years of his practice to exclusively providing interim revenue cycle leadership services to a wide range of hospitals and health systems throughout the U.S. and Ireland. Having worked with over 75 hospitals, he adapts quickly to an organizations culture, establishes trust, and drives performance improvement as an organization takes the critical time needed to locate and on-board the right permanent leader.
He is the author of “The CCRISP Management Method” scheduled for release in spring, 2021.