White Paper September 23, 2015

Transform Revenue Cycle Management with Advanced, Self-Service Analytics

The healthcare industry is in a state of transformation. New reimbursement models, tighter regulations, and coding changes like ICD-10 are changing the healthcare financial landscape. Studies show that financial viability continues to be a significant concern for healthcare CEOs.

What can revenue cycle managers do to improve their financial position in a tumultuous healthcare environment? The answers to hospitals’ financial woes lie in their data. McKinsey & Company estimates that the healthcare industry could potentially realize $300 billion in annual value by leveraging big data.

Electronic health information systems are designed to capture and operationalize a broad range of clinical and financial data. To capitalize on their EHR investments, however, more and more hospital systems are looking for a solution that will turn that data into meaningful information that can be used to guide their business decisions. The data insight required to ensure a healthcare system’s financial viability is only available through dynamic, end-to-end financial analytics. 

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