Healthcare Financial Management for Hospitals and Health Systems
Never before has revenue cycle performance been more important to healthcare financial management. Healthcare's shift from volume- to value-driven payment is transforming the delivery of patient care, increasing the focus on managing care outcomes, as well as costs and revenues across multiple settings and providers. Now, by combining efficient, automated workflow with data-driven, actionable insights, your organization can thrive in the midst of this change.
Centricity Solutions for Financial Management offers Hospitals & Health Systems the capabilities necessary to succeed in today's dynamic market.
Powerful, enterprise-wide revenue cycle management solutions
Single view of the patient financial record ensures greater efficiency and flexibility across your enterprise. A single patient financial picture and statement provides a holistic, patient friendly approach to managing billing inquiries while
helping to optimize critical outcomes such as cost to collect, first pass denials, and aged A/R.
Optimize collections through improved point-of-service collections and workflows to ensure that claims are clean, prior to submission.
Reduce cost-to-collect with automation that helps improve efficiency by removing touch points and increasing effectiveness of staff and processes with tools such as integrated EDI for payer connectivity.
Lower A/R days. Lower net days in A/R by turning accounts receivable into cash.
Reduce denials. Improve cash collections, address and plan for healthcare reimbursement reform and increase staff productivity.