Improve Revenue Cycle Management Decisions with Data-Driven Insight
Experian Healthcare’s market-leading suite of patient access, claims and contract management and collections products and consultative services is powered by real-time data and advanced analytics, giving healthcare providers greater visibility and control over critical revenue cycle management processes. Experian Healthcare, which was formed after Experian acquired SearchAmerica and Medical Present Value Inc., gives providers access to proven solutions as well as innovative, new capabilities to address the changing needs of healthcare. At each step of the way, Experian Healthcare empowers health systems, hospitals, medical groups and specialty organizations with financial intelligence so they can make more informed business decisions, better understand their financial performance and strengthen the bottom line.
Whether collecting from patients or payers, you need to rethink what it means to get paid. As patients assume greater financial responsibility for care and payer contracts become increasingly complex, tried-and-true payment strategies aren’t enough to keep healthcare organizations afloat financially.
With Experian Healthcare, providers truly can transform revenue cycle management processes and improve cash flow. Beyond gaining the insight needed to reimagine conventional payment strategies, you’ll discover new ways to increase efficiencies, mitigate risk and capture more revenue. The result? Financial Performance. Redefined.
Expedite and streamline revenue collection by making it a vital part of every patient interaction. From generating estimates and evaluating a payment risk to screening for financial assistance, Experian Healthcare simplifies complex patient access workflow and enables healthcare organizations to successfully transition payment collections processes to the beginning of the revenue cycle to improve self-pay and patient collections.
Capture every dollar that’s due from third-party payers with an innovative, data-driven approach to verifying the accuracy of healthcare claims and reimbursement. Improve payer contract management by verifying the accuracy of claims payments based upon contract terms. Built on years of industry knowledge and best practices, Experian Healthcare helps healthcare organizations improve first-time, pass-through rates, detect payment variances and recover revenue that’s lost to underpaid claims.
Shorten the collections cycle and take a more proactive approach to capturing outstanding revenue by leveraging Experian Healthcare’s actionable, business insight and revenue cycle management consultative services to analyze payment trends and patterns before collections, optimize in-house and external resources, and forecast future financial performance.