How West Tennessee Healthcare Turned Bad Debt into Reclaimed Revenue
The changing healthcare reimbursement landscape requires the business office to manage more. Data analytics helps prioritize accounts and reclaim more of what you earn. West Tennessee focused on four areas of change, denials workflow and triage, self-pay analytics, smart work lists, and self-service data analytics to ensure meaningful insight into the entire revenue cycle. Learn more in this case study infographic.
To ensure your financial viability, you need insight into the revenue cycle so you can boost cash collections, reduce bad debt, stop denials, enhance productivity, and guide business strategy. Business Office provides the analytics you need to identify revenue bottlenecks and manage reimbursement trends so you can focus your resources on what matters most: providing quality patient care.
By 2020, fee-for-value reimbursement is projected to represent 83% of your revenue. Clinical operations will become vital to your bottom line. It is at the mid-cycle—the point between patient access and the business office—where improvement initiatives will have the greatest impact. Revenue Integrity gives you complete visibility into documentation and coding performance—and that of your peers. So you can quickly spot opportunities to improve revenue capture, minimize audit risk, and measure and monitor the impact of ICD-10 on your revenue.