– EFFY Healthcare, a technology-enabled solutions company focused on efficiency in the healthcare industry, announces that will be present at HFMA VA-DC Spring Conference and Health Innovation Summit, in Richmond March 11-13, 2020, to meet Customers and Partners there and share its vision and solutions on how to prevent denials and other revenue leakages before they happen in the first place. EFFY is again a proud Gold sponsor of VA-DC HFMA Chapter.
EFFY will also showcase the success story at Bon Secours Hospital System, a not-for-profit Catholic health system in East coast, where they have successfully implemented their software tool RAID Healthcare, an actionable analytics and automation solution that effectively addresses claim denials and revenue leakage to improve Revenue Cycle Management (RCM) throughout the enterprise.
EFFY considers it´s innovative and unique solution as “precision medicine for chronic revenue cycle pains”.This is actually the signature of EFFY´s new positioning in the market, to highlight the key differentiator or it´s methodology and software tool that bring the savings in the revenue chain of hospitals systems into a new level of efficiency and effectiveness that common tools in the market have never achieved.
Through the use of the software platform RAID Healthcare, the worldwide leading tool in revenue assurance in other industry sectors, EFFY solution overlays existing systems to help healthcare organizations compare massive amounts of data across their total enterprise, detect exceptions and problems, and guide interventions to prevent revenue leakages and improve financial and operational efficiency.
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.”
“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”, Lisa added.
Functioning as a permanent, protective 24/7 auditing and exception reporting “umbrella,” EFFY makes data comparable and actionable, enabling users to correct issues that compromise financial viability, and clinical and operational performance. EFFY empowers hospitals, hospital systems and Integrated Delivery Networks to retrieve, review and compare massive amounts of operational, clinical and financial data across their total enterprise – and trigger actions upon it, no matter the size, data incompatibility or platform complexity. Visit http://effyhealthcare.com.