Improving Hospital Revenue Cycle in Nigeria
Revenue cycle challenges—delayed billing, high denial rates, and poor collection—affect both public and private hospitals in Nigeria. The good news: many of these issues are addressable with focused changes to people, process, and systems. Here’s a concise guide to improving your hospital revenue cycle.
Map and measure the full cycle
Start by mapping the journey from patient registration to final payment. Identify bottlenecks: coding delays, missing documentation, slow submission, or weak follow-up. Set simple metrics: days in A/R, denial rate by category, and collection rate. Without measurement, improvement efforts are guesswork. Many hospitals find that 20% of issues drive 80% of revenue leakage—target those first.
Strengthen front-end processes
Accurate registration and eligibility verification prevent downstream denials. Train staff to collect correct demographics, verify insurance (where applicable), and obtain necessary authorizations before or at point of service. Clear scripts and checklists reduce errors. Small investments in front-end quality often yield large gains in clean claim rates.
Improve coding and documentation
Clinical documentation must support the codes submitted. Inconsistent or incomplete documentation leads to denials and audit risk. Invest in coder training and, where possible, clinical documentation improvement (CDI) initiatives. Regular feedback between coders and clinicians improves both documentation and coding accuracy. This is especially important for higher-acuity and procedure-heavy services.
Submit claims promptly and follow up
Delayed submission increases denials and delays cash flow. Set targets for submission within 24–48 hours of discharge or encounter. Establish a dedicated team or process for denial management: categorize denials, correct and resubmit quickly, and address recurring causes. Track denial reasons and fix root causes—reducing repeat errors has a multiplier effect.
Align revenue cycle with clinical and operational goals
Revenue cycle is not just a “finance” issue. It depends on registration, documentation, coding, and follow-up. Engage clinical and operational leaders so that documentation and coding are seen as part of quality and sustainability. When leadership treats revenue cycle as a shared priority, results improve faster.
Improving the hospital revenue cycle in Nigeria is achievable with a structured approach and sustained focus. If you want to discuss a revenue cycle assessment or improvement plan for your facility, our team can help you identify the highest-impact opportunities. Reach out to start the conversation.
Discuss revenue cycle and financial improvement for your hospital. Call +1 (252) 691 4076 to speak with our team.