The Best Practice for Creating a Patient-centric Revenue Cycle? Make sure there are no surprises.
Clear communication combined with a smooth revenue cycle create an opportunity to protect revenue and raise patient satisfaction.
“Real Time” Data Makes a Real Difference in Finding and Fixing RCM Issues
Staying viable in today's increasingly complex healthcare environment is not an easy task for any hospital or health system. With the need to aggregate and comparing data from diverse platforms, with the various formats, using technology for identifying and correcting has become a major issue for hospital organizations. To find an issue, after it has caused a denial, is unacceptable.
Key Trends Make (Near) Real-Time Data a Must-Have for Optimizing RCM
Among the various types of data that hospitals rely upon, only (near) real-time data enables hospital leaders to take action and follow up on that action to correct inefficiencies, denials and revenue leakage. In fact, key trends in hospital analytics are shifting toward (near) real-time analytics as an important step beyond problem definition. EFFY’s efficiency platform that overlays existing operational systems to help healthcare organizations compare massive amounts of data across their total enterprise, detect exceptions and problems, and guide interventions to improve efficiency that optimizes financial, clinical and operational performance.
Optimize your RCM and reduce claim denials
Many, if not most, health systems are undergoing expansions that result in massive sets of disparate data to be reconciled and reviewed. This often means facing significant complexities to the health system’s RCM processes throughout the enterprise. Read how to address this and other challenges with actionable analytics from EFFY Healthcare.