Provider Solutions

Business Office

Provider_RCM_BusinessOffice_Screengrab4

Gaining insight into the revenue cycle is crucial to ensuring the financial health of your organization. Business Office provides the insights you need to accelerate collections, reduce bad debt, lower denials and guide financial strategy. Big-picture insights help you put business office activities on auto pilot and maximize revenue in value-based care.

Big-picture revenue cycle insights

PA-2

Prioritize accounts to
increase cash

BO-2

Understand and prevent denials

B0-3

Manage payers to drive efficiency and performance

Let your data tell the story

With a single, integrated view of your organization’s financial data, you can focus and prioritize your collections resources to make sure you’re paid for the care you deliver. Business Office helps you take control of all aspects of your revenue. Our clients have achieved:

B0-graphic-1

Report-generation time

BO-Graphic-2

Self-pay collections

BO-Graphic-3

Denials

Faster insights for better outcomes

Value-based care and skyrocketing self-pay balances are fundamentally changing the revenue cycle. Business Office optimizes cash flow and improves collections by bringing complex patient accounting data into a unified view. Business Office enables you to:

Take control of your revenue
When you have access to revenue cycle insights, you can identify and prevent denials, predict self-pay propensity to pay, and expose AR outliers and bottlenecks.

Reduce denials
Reducing denials requires detailed analysis that identifies why denials are happening and where missteps may be taking place. Business Office gives you the insights to do just that.

Predict patients’ propensity to pay
With complete insight into self-pay accounts, you can reduce the cost to collect, minimize time wasted on high-risk accounts and focus on high-value accounts with the greatest likelihood of payment.

Integrate professional data
By integrating all hospital and professional account data on the same platform, you gain a single source of truth for organizational reporting.

What our clients say:

"We saw a 5% reduction in the cost to collect."

—ED, Financial Services

"We learned not to chase rabbit trails and only focus on the programs that would bring the most value."

—Lynn Giddens-Branscum, VP of Revenue Cycle and Audit, Wise Health System

"We continue to find new and innovative ways to analyze our data."

—Brookwood Baptist Health

Analytics in action

Our intelligent platform and intuitive user interface make it easy to unlock the value of your data. Click through the screenshots below to see how we bring meaningful insights, powerful visualization and analytics innovation to facilitate even smarter decision making.

Boost self-pay collections by predicting propensity to pay

Analyze point-of-service collections as a percentage of patient estimates

Want to talk with one of our experts on the power of analytics?