Improving the Business of Healthcare with Big-Picture Revenue Insight

In healthcare today, the financial landscape is growing in complexity. Fee-for-value reimbursements, bundled payments and high-deductible plans are changing the healthcare revenue lifecycle. Adding to this complexity are tighter regulations, audits and coding changes like ICD-10. It’s no wonder that healthcare CEOs say that financial challenges are their top concern.

Further complicating matters is the fact that revenue is managed by multiple departments, all of which operate in silos. From patient access to the business office and everything in between, revenue is touched by multiple systems that typically don’t talk to each other. Gaining insight into revenue across the enterprise is no easy task.

With Revenue Lifecycle Management, you can experience a complete, unified view of your organization’s revenue. It’s a holistic way to analyze your financial health, enabling you to see and understand your data in context, create a plan to reduce revenue leakage and ensure financial viability today and into the future.

By leveraging Revenue Lifecycle Management, your organization can experience the following key benefits:

  • Gain insight into the entire revenue cycle
  • Integrate data silos
  • Connect clinical activity with revenue performance
  • Identify missed revenue and coding opportunities
  • Pinpoint the root causes of denials and bad debt
  • Reduce collection costs
  • Prepare for ICD-10 revenue impacts

For further information on Revenue Lifecycle Management, check out our video, complete brochure and best practices guide here.

MedeAnalytics

MedeAnalytics is a leader in healthcare analytics, providing innovative solutions that enable measurable impact for healthcare payers and providers. With the most advanced data orchestration in healthcare, payers and providers count on us to deliver actionable insights that improve financial, operational, and clinical outcomes. To date, we’ve helped uncover millions of dollars in savings annually.

Leave a Comment





Get our take on industry trends

UF Health Building

Success Story: How UF Health tackled analytics challenges to improve revenue cycle efficiency

June 29, 2021

A significant amount of waste and financial loss within healthcare organizations can be attributed to inefficiencies within daily processes and programs. Realizing…

Read on...
How to spark support for important analytics initiatives

How to spark support for important analytics initiatives

June 8, 2021

MedeAnalytics hosted a webinar with Fierce Healthcare to explore three industry experts’ perspectives on building analytics strategies and maximizing related…

Read on...
Pandemic devours hospital revenue; these ideas can help get it back

Pandemic devours hospital revenue; these ideas can help get it back

June 3, 2021

There’s no way around it. The coronavirus pandemic has created a perfect storm that, even as we progress through the…

Read on...
The Real Payback of Healthcare Analytics: Key Questions from Healthcare Leaders Around the Nation

The Real Payback of Healthcare Analytics: Key Questions from Healthcare Leaders Around the Nation

May 25, 2021

MedeAnalytics hosted a Fierce Healthcare webinar featuring key senior leaders from three preeminent healthcare organizations in the U.S: At the…

Read on...