Get big-picture insight into your revenue cycle.
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.
Accelerate cash across the enterprise
Identify revenue bottlenecks
Reduce bad debt and understand its root causes
Enhance productivity with workflow tools
Guide business strategy by identifying service line profitability
Streamline monthly reserves
Pulling patient account data organization-wide creates a holistic view of your healthcare revenue cycle.
Spot errors, denials, charge lags and outstanding receivables with vivid, intuitive dashboards.
Measure and manage enterprise revenue cycle performance.
Key Performance Indicators
- A/R Days > 90
- Self-pay collection %
- Denial overturn %
What It Offers
- Daily snapshot of organizational revenue cycle performance
- Easy-to-use management dashboards
- Highlighted action points
- Comparative industry benchmarks
- Access on the iPad
Revenue Cycle Analysis By the Module – Customizing Your Configuration
Collection risk score, Federal poverty level %, Self-pay collection rate
Denial rate by payer, Front-end denials by facility, Clinical denials by DRG
Financial Strategy Analytics
Reserve Analytics, Business Planning, Health Plan Score Card
Account Lifecycle Analytics
(when installed with our Patient Access Intelligence tool)
A/R Workflow, Self-Pay Workflow, Denials Workflow
ArticleBecker’s Hospital Review: How One Health System Cut 5 Days in Accounts Receivable
Data SheetRevenue Lifecycle Management
Case StudyBaptist Health System Seamlessly Converts to Epic with MedeAnalytics
Data SheetSelf-Pay Analytics
Data SheetRevenue Cycle
Case StudyWheaton Franciscan Healthcare Improves All Points of the Revenue Cycle
WebinarThe Accountable Revenue Cycle: Five New Strategies for a Patient-Centric Approach
Data SheetPatient Access
Patient Access provides critical real-time analytics information during the patient registration and payment clearance processes. With intuitive dashboards and simple step-by-step checklists, front office staff are able to accurately estimate patient cost, improving pre-service collections and reducing back end denials.
Healthcare reimbursement is changing. By 2020, fee-for-value reimbursement is projected to represent 83% of your revenue—up from 43% today and 14% in 2010. 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.
Performance Management combines robust analytics with action planning, resource assignment, progress tracking and performance monitoring—all in one closed-loop performance improvement system—to ensure the organization is on the same page at the same time, working toward the right goals and achieving the best possible results.