EFFY Healthcare, a technology-enabled solutions company focused on efficiency in the healthcare industry, through the use of the leading software platform RAID Healthcare, a platform that overlays existing systems to help healthcare organizations compare massive amounts of data across their total enterprise, detect exceptions and problems, and guide interventions to improve efficiency, announces that will be present at Becker's Hospital Review 5th Annual Health IT & Revenue Cycle Conference, in Chicago October 9-12, 2019, to meet Customers and Partners there and share with them its vision and solutions on how to and Bon Secours Hospital System Collaborate to Increase Efficiency through: Actionable Analytics, to Improve Revenue Cycle Management, Ensure Clinical & Operational Efficiency.
EFFY will also showcase the success story to be working withat Bon Secours Hospital System, a not-for-profit Catholic health system in East coast, where to bring efficiency levels at their Revenue Cycle Managemnt area, into further levels.they have successfully implemented their EFFY provides software tool RAID Healthcare, an actionable analytics and automations, a solution that effectively addresses claim denials and revenue leakage to improve Revenue Cycle Management (RCM) throughout the enterprise.
“EFFY gives us the real-time information to allow us to cover any gaps in our process,” says Sheila Kuenzle, vice president of Revenue Cycle Services, Bon Secours. “A healthcare provider is given the information at their fingertips to know if there is a break in process or change in process that would mean a future loss for a revenue cycle event. By understanding the gap real time, we are able to recover and not lose net revenue.”
The hospital system has undergone significant expansion over the past few years, bringing massive sets of disparate data to be reconciled and reviewed, and adding a significant degree of complexity to its RCM processes.
Lisa Darsch, MSN, RN, senior clinical advisor, EFFY, states, “EFFY software solution requires low upfront costs and makes it possible to devise rapid interventions for correcting inefficiencies and revenue leakage that impact the bottom line, before they occur. This prevents the denial and lowers the accounts receivable days.
RAID Healthcare software platform overlays existing transactional and operational systems, functioning as a permanent, protective 24/7 auditing and reporting “umbrella” that makes data comparable, and enabling leaders to take action and to follow up on that action.
Dedicated to healthcare efficiency, EFFY and its unique Unified Data engine, empower hospitals, hospital systems and Integrated Delivery Networks to retrieve, review and compare massive amounts of operational, clinical and financial data across a total enterprise -- no matter its size, data incompatibility or platform complexity.
“Our customizable, exception-based triggers identify deviations from norms, helping users reduce errors and denials, improve efficiency and productivity and meet compliance requirements,” Darsch adds. “EFFY makes transactional systems smarter and cleaner, while generating significant ROI within months of implementation.”