Article

August 24, 2020

Why Predictive Analytics is the “Next Big Thing” for the Revenue Cycle

Address revenue cycle issues before they have an impact

Organizations are increasingly realizing the benefits of forecasting revenue and taking measures to correct issues that impact revenue before they occur. Predictive analytics uses built-in algorithms and forecasts to identify the source of problems, preventing costly revenue missteps or losses.

Read the article to learn more.

Read the article

  • This field is for validation purposes and should be left unchanged.

Complementary Solutions

Patient 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. MORE >

Revenue Integrity
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. MORE >

Business Office
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. MORE >