The full suite of Experian Health's revenue management products help LCMC facilitate patient access, manage contracts, process and submit claims, and streamline collections. Here's a closer look at how Experian Health approaches each stage of the revenue preservation process.
Technology helps connect front and back office communication. By implementing eCare NEXT, Boystown National Research Hospital was able to reduce manual work and reduce denials by 20 percent.
By integrating eCare NEXT within Cerner, MLKCH has streamlined their registration process and reduced more than half of their registrations by two to three minutes.
With eCare NEXT and Registration QA, Schneck Medical Center has been able to double their preregistration productivity on a daily basis and re-purpose labor to other areas of patient access.
Learn how Saratoga Hospital was able to increase their percent patient registration accuracy rate and hold staff accountable for errors and learn from those errors.
CHRISTUS Health has experienced a 60 percent increase in productivity, averaging 120 accounts closed per day versus 40 with it’s manual process. The company also has eliminated the errors and time needed to download and resave spreadsheets, which has been a huge benefit to the team.
Steinberg Diagnostic Imaging Center uses Experian Health’s eligibility products to validate patient’s and their coverage in under 30 seconds.
With Registration QA, Grady Health is now able to get real time information to correct claims the same day, as opposed to seven, fifteen, or thirty days from the date of billing.
As a result of using Enhanced Claim Status, coupled with a few other products from Experian Health, this central Oregon group recognized a 15 percent reduction in both accounts receivable days and volume. The company additionally saw a decrease in denials and now tout a 92 percent primary clean claims rate.
Learn how Schneck Medical Center gained visibility into their denials in real time and now stays one step ahead of the game.
UCLA Health System Faculty Practice Group has implement Contract Manager and Analysis to, not only recoup $3.5 million dollars in underpayments from payers, but also to catch Medicare overpayments faster to lower their risk of compliance issues.
Since implementing Coverage Discovery, Cone Health has been able to get more than $3 million in payments, which is a 300% ROI.
From 2013 to 2017, Northwell Health has reduced their denials 50 percent by using Experian Health’s Claim Scrubber.
Learn how University of Iowa Hospitals and Clinics saved time, money, and headaches by implementing a contract management system that monitors payer compliance with contract terms, value claims, and audit remittances based on the latest payment rules and adjudication logic.
In a health care system that needs to drive down reimbursement costs, Contract Manager allows us to now make system changes to eliminate or reduce underpayments and to reduce the costs associated with appealing those underpayments.
With Contract Manager and Payer Alerts, Arkansas Health has been able to see how much money they’ve been leaving on the table.
By reducing their manual workload, Claim Scrubber was able to help Iowa Clinic look at the ‘big picture’ and proactively identify when they have reimbursement challenges in certain areas of their billing process.
SLUCare Physicians utilizes Contract Manager and Analysis so they can be more flexible in their ability to analyze contracts, know what to expect from those contracts, and validate they have been paid the correct amount from their payers.
Tufts Medical Center Physician’s Organization works with Experian Health so our Contract Manager and Analysis platform can help them focus on lost revenue from payers and segregate underpayments and overpayments to narrow down the areas that could trigger potential appeals.
Because each payer has a different set of payment rules, Washington University School of Medicine in St. Louis implemented Contract Management so they could quantify payer changes and properly value claims.
Collections Optimization Manager enabled Advocate Aurora Healthcare to compare internal collections performance with the performance of outside agencies. The Collections team could now reduce 20 agencies to only four agencies that had the best performance. Each year, Advocate Aurora Healthcare has achieved double-digit increases in patient collections.
With Patient Estimates, Saratoga Hospital increased cash collections by 400 percent from 2015 to 2018. In doing so, they also improved the patient experience.
With Collections Optimization Manager, Sanford Health is able to pursue the patients who have the ability to pay, and avoid pursuing the patients who really don't have the ability to pay and qualify them for charity care.
Experian Health teamed up with El Camino to debut a self-service portal, allowing patients to access and manage a greater amount of data while still making account management, e-payment, eligibility, estimates, and billing information available.
Our financial assistance screening tools have helped Kaiser Permanente proactively identify which members are able to pay at the point of service, and how they can manage patients on the backend, if they ended up with a balance.
Learn how Altru Health System implemented Collections Optimization and Financial Assistance Screening to have real time information at their fingertips to help them make the right collections decision for the health system and their patients.