Navigant Consulting Launches Diagnostic Business Tool to Help Hospitals Improve Net Income and Cash Flow.CHICAGO -- Navigant Consulting, Inc. (NYSE NYSE See: New York Stock Exchange :NCI See Liberate. ) announced today that it has launched its Diagnostic Analytical Revenue Recovery Tools (DARRT DARRT Disabled Aircraft Repair and Recovery Team ) system, which provides revenue decision support and management capabilities to enable healthcare providers to identify financial opportunities, track performance and improve net income and cash flow. DARRT is an advanced web-based technology application that works in conjunction with a client's existing information system to retrieve and analyze pertinent revenue cycle data and produce reports that identify areas of financial opportunity within the client's revenue cycle. Navigant Consulting partnered with Framework Healthcare Technologies, a fast-growing firm in the healthcare administration Healthcare administration is a term that typically refers to the Master of Health Administration (MHA)—also Master of Healthcare Administration— degree, which is a graduate professional degree that provides training in health policy, economics, project and technology field, to develop DARRT. In the process, the companies' professionals applied their collective industry, regulatory and technical expertise to ensure clients would benefit from a flexible, HIPAA-compatible solution to identify, track, control and improve their entire revenue cycle with sustainable results. "DARRT is designed to be a business tool that works with a healthcare provider's existing systems and processes, not a piece of software that dictates how they do business," stated Rob Gamble, Director of Revenue Performance Improvement for Navigant Consulting's Healthcare practice. "Our clients count on us to help them recover lost revenue. We want to leverage technology to make their processes more effective and efficient. DARRT will enable them to pinpoint problems within the revenue cycle, such as denial management, third-party payment compliance and vendor contracts, and start implementing solutions in a fraction of the time it takes other firms." Navigant Consulting professionals have deep healthcare industry expertise, advanced technical skills and a thorough understanding of the issues that healthcare organizations face in today's changing marketplace. Navigant Consulting has more than 300 dedicated healthcare consultants delivering provider, payer, life sciences and litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services . "In today's difficult economic environment, we constantly see hospitals challenged with how to employ revenue cycle management practices that will help them optimize optimize - optimisation revenues," stated Tri MacDonald, Senior Managing Director and National Healthcare Practice Leader for Navigant Consulting. "Hospitals are working harder and smarter to collect monies they have already earned. DARRT provides hospitals with tighter accountability, reduced variability and better information management without further investments in new technologies to substantially accelerate the measurable value of the tool and the return on their investment." "We are very excited to launch DARRT, and leverage Navigant Consulting's vast perspective and healthcare industry experience to help providers strengthen their approach in managing and improving their revenue cycle operations," stated Lincoln Fish, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Framework Healthcare Technologies. "Using Navigant Consulting's techniques and methodologies, combined with our technical expertise, healthcare providers will gain new visibility into revenue cycle operations and be able to pinpoint specific problems. For additional information about Navigant Consulting's Revenue Performance Improvement services, please contact Rob Gamble at 215.832.4452. For more information about DARRT and Navigant Consulting's Healthcare practice, please visit: http://www.navigantconsulting.com/healthcare. About Framework Healthcare Technologies Framework Healthcare Technologies is a fast-growing firm in the healthcare administration technology field. Framework Healthcare Technologies is working with Navigant Consulting to deliver revolutionary analysis, management, and monitoring tools which are inherently integrated for maximum effectiveness and efficiency. More information about Framework can be found at www.frameworkhealthcare.com. About Navigant Consulting Navigant Consulting, Inc. (NYSE:NCI) is a specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. independent consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a providing litigation, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , healthcare, energy and operational consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.) service - work done by one person or group that benefits another; "budget separately for goods and services" to government agencies, legal counsel and large companies facing the challenges of uncertainty, risk, distress and significant change. The Company focuses on industries undergoing substantial regulatory or structural change and on the issues driving these transformations. "Navigant" is a service mark of Navigant International, Inc. Navigant Consulting, Inc. (NCI) is not affiliated, associated, or in any way connected with Navigant International, Inc. and NCI's use of "Navigant" is made under license from Navigant International, Inc. More information about Navigant Consulting can be found at www.navigantconsulting.com. |
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