Now more than ever, revenue cycle leaders need to be able to pinpoint operational and financial challenges based on accurate and actionable data insights. The forces driving this need include:
Break down data siloes and gather dozens of data streams into a single, manageable thread for reporting and analysis. Informative dashboards and drill-down reports deliver executive-level comparisons and trending analysis to present opportunities for process improvement.
Provide insight into how well staff is utilizing tools and visibility into organization performance.
Analyze revenue streams with intuitive dashboards, highlighting potential revenue leakage.
Learn how your payers are performing for your organization to drive further payer/provider collaboration.
Monitor revenue cycle KPIs around pre-service, POS, post service, and denials for process and financial optimization.
Revenue Cycle Analytics is a web-based business intelligence tool that utilizes Experian Health product data and other standard revenue cycle transaction data sets. Together, this tool offers actionable insights to optimize revenue cycle operational and financial performance. Revenue Cycle Analytics focuses on key areas such as billing efficiencies, reimbursements and payer performance, presenting KPI data in several ways: enterprise performance, industry benchmarking, and trended historical data.
Informative dashboards and drill-down reports to deliver executive-level comparisons and trending analysis.
Inclusion of NAHAM and HFMA best practice keys standardized across client base.
Linking of account data across revenue cycle.
Indicators around pre-service, point-of-service, post-service, denials.
Algorithms for predictive reimbursement
Data integration and analytics with other Experian Health solutions.