Specifications include, but are not limited to: Customized reporting and dashboards with data available via extracts and the summary and account level detail. Can include access to but is not limited to predefined reports and dashboards. Close Package must include a month-over-month comparison of A/R and reserves, gross and net revenue, and gross and net revenue variance analysis related to changes in aging, mix, volume, and change in prior period estimates. The reporting package also must include the supporting month-end reports, audit tables, and journal entries. Provide analysis in understanding the historical aged trial balance while identifying historical trends. Analysis that lends to the understanding of the accuracy of reserve estimates while potentially highlighting opportunities for process improvement. Expect monthly KPIs allowing comparison of the revenue cycle performance against the market in real time. The metrics should include cash-to-net revenue, both initial and final denials, uncompensated care, time to payment, patient responsibility metrics, and any other related metrics. The monthly reserve analysis reports must be designed to support the computation of the Accounts Receivable reserves for the month-end close. Provide critical insight into the Zero Balance Account (ZBA) analysis and hindsight calculations before applying these reserve percentages against Accounts Receivable. Offer physician reporting that allows for tracking of net revenue, collections, production (wRVUs), and late charges down to the individual physician or provider. Include charge-level details from physician billing systems. Provide analysis of the project’s estimated monthly revenue and compare current period results with prior period actual or budgeted results. Automated three-way reconciliation between the bank, patent accounting system, and the general ledger, including exception workflow, assignments, and monitoring to enhance coordination between finance/accounting and revenue cycle/cash posting. Other core features could include a completeness module, end-user dashboards, executive dashboards, and an administration module in which administrative super users can edit and update configuration, settings, and mapping. Provide an assessment of charity care and bad debt data, including a Financial Assistance Policy review, to accurately quantify charity, care related transactions for S-10 filing. Provide audit support to obtain acceptance of the charity care and total bad debt listings by the Medicare Administrative Contractor. Leveraging historical data automating the resolutions of credit balances and low-value debit balances back into the patient accounting system. Identify potential opportunities, issues, or risks on an ongoing basis by implementing continuous control monitoring including but not limited to Identify outliers, variances, or potential out-of-period adjustments more easily and timely enough to correct during the close process. Identify duplicate payments, contract compliance, or control overrides. Identify any processes related to payroll which will avoid timekeeping deviations, and inaccurate payroll calculations, and gain insights into cost overages such as on-call pay. Identify opportunities to improve overall charge capture. Review necessary claims data to identify lost revenue when companion charges are missing from claims. Provide a Medicare Bad Debt retrospective review, identifying additional reimbursable Medicare deductibles and coinsurance, resulting in an average increase in reimbursable Medicare bad debts. Provide KPIs on payor performance, in a dashboard to analyze if payor behavior is market-driven or internal, target outliers impacting performance, and monitor payor performance trends both at our organization and across peer and national market data. Develop a standardized pricing methodology with hospital management that allows rates to be established based on market position, client-provided fee schedules, payor mix, and (if applicable) revenue targets set by management. Provide analytical and oversight support relative to MHS's existing revenue cycle outsourcing engagement through the creation and validation of vendor performance scorecards every quarter. Centralize and streamline the unclaimed property compliance process and the final filing of reports to the appropriate reporting jurisdiction.