Critical to the success of revenue cycle management is an accurate understanding of data so that claims can be paid accurately and efficiently, maximizing collections. Our sophisticated analytics enabled us to introduce a paradigm-shifting commitment to work 100% of claims inventory each day. We flipped the model upside down; instead of using resources to focus on aged claims that have a lower chance of getting paid, we focus efforts on resolving the claims issues as they come in. It takes tremendous organizational commitment and focus, but we’ve got you covered.
Our fundamental organizational change and analytics philosophy enables earlier problem identification, reduction in claims inventory, and overall workforce standardization and efficiencies. This approach drives a reduction in A/R days outstanding, improves Matched Net Collection Rates, and identifies and fixes denial issues right away. These improvements drive substantial financial rewards.