Patient Access Intelligence + Revenue Cycle Intelligence

Solution Center

The end-to-end revenue cycle management solution

Core Drivers of Value

  • Increase pre-service cash collections by 30%
  • Reduce errors and avoidable denials by 40%
  • Reduce outstanding receivables by 15% and bad debt by 10%
  • Reduce physician charge lags and billing delays by 50%

Solution Overview

The combination of MedeAnalytics’ Patient Access Intelligence (PAI) and Revenue Cycle Intelligence (RCI) provides an integrated end-to-end workflow and analytics solution that eliminates process bottlenecks and facilitates unparalleled transparency across the entire account lifecycle.

PAI is a real-time workflow solution specifically designed to complete the core tasks required to financially clear a patient. Sophisticated business rules and automation enable staff to verify demographic information, retrieve insurance benefit details, provide comprehensive patient payment estimations, and manage authorizations in one place. Plus, the solution is fully integrated with hospital patient accounting and registration systems.

RCI pulls hospital and physician data into a unified, interactive analytics solution that provides actionable information. RCI utilizes best practice business rules, predictive modeling, benchmarks and proactive alerts to automatically highlight revenue cycle outliers and exceptions. This process ensures high-priority items are worked in a consistent and timely fashion, virtually eliminating issues caused by “black holes.” Going well beyond the cumbersome, manual reporting options typically available in legacy patient accounting and practice management systems, RCI provides the right information to the right person at the right time.

img
Real-time registration work list (click to enlarge)


img

Daily revenue cycle performance
dashboard (click to enlarge)

Total Performance Management

Transforming the revenue cycle requires process improvement, behavior change and cutting-edge technology, along with an understanding that every organization requires some level of customization to meet specific business needs. MedeAnalytics solutions are supported by a professional services team, experienced technical and business experts who ensure that technology and processes are aligned in order to achieve maximum benefits. This unique combination of web-based workflow technology, analytics and professional services provides a high-touch, customer-centric approach that has a proven track record of achieving rapid, sustainable improvements. Clients using PAI and RCI have consistently been able to increase cash collections, reduce denials and eliminate process bottlenecks.

Learn more about Patient Access Intelligence + Revenue Cycle Intelligence
Click to download the data sheet

"We have seen a 25 to 30 percent increase in cash flow over the last nine months using the Patient Access Intelligence solution and a reduction of errors on the back end in our patient financial services department."

- Jon Giese

Chief Financial Officer

Simi Valley Hospital