Accuro Rapid Reserves
An online solution, Accuro Rapid Reserves is a total net revenue accrual application that automates the accurate recognition of reserves at month end and identifies excess and lost revenue by reconciling a facility's Aged Trial Balance with Accuro Contract Manager.
Accuro Rapid Reserves creates automated calculations at month end using Accuro Contract Manager, Supplemental Billing (DNFB and in-house calculations) per diems or PCRs by insurance and financial class. With Accuro Rapid Reserves, you can:
- Monitor billing practices for accurate revenue projections
- Calculate net patient revenue accruals for all accounts
- Compare ATB to Accuro Contract Manager data to test for correct primary insurance
- Balance Accuro Contract Manager data to ATB, using ATB as the basis
- Track and log all changes by users from default calculations that force comments for changes
- Identify billing issues by tracking reasons for variances between ATB and billed amounts
Because accruals are tracked on the account level with Accuro Rapid Reserves, you can:
- Track changes in projections effortlessly
- Compare accounts from current and previous reports to identify reasons for any increases in contractuals
- Easily identify reasons for increases when PCRs are applied to a group of accounts.
With Accuro Rapid Reserves as a risk assessment tool, you can:
- Review the variance between actual adjustment postings and expected discount calculations
- Make adjustments through the journal entry to reduce or increase accrual amounts
- Identify duplicate contractual postings and understated contractuals as risk
An online dashboard guides you through the month-end process to ensure that all steps are completed, thus providing the most accurate accruals on each account.
