Andrew Serge from Saratoga Hospital discusses how they have seen a 50 percent increase in POS collections after implementing Experian Health’s revenue cycle management solutions.
With consumer out-of-pocket spending on the rise, we know it’s becoming increasingly difficult to collect on balances and more accounts are being written off as bad debt. Additionally, reimbursement structures are more complex, leaving healthcare organizations needing data-driven insights and automation.
For years, we’ve helped clients gain efficiencies and focus their staff on priorities that matter most – like patient care.
Experian Health creates a frictionless experience between payers and providers, delivering the best in machine learning and AI to eliminate error-prone and manual inefficiencies. We specialize in automation to ensure problems don’t continue to effect productivity, and we precisely match data to predict, model and optimize financial results. To assist with patient collections, we offer tools to highlight a patient’s financial situation, as well as their propensity to pay, allowing you to optimize your collection strategies from the start and get patients on the right programs.
Increased their receivables by more than $4 million and lifted collections by $3.1 million.
CORE HIS integrations
Annual claims transactions
Decreased denials to achieve a 92% primary clean claim rate.
Automate manual patient access processes, including orders, registration, and financial clearance, using a single, integrated platform.
Boost revenue while providing patients with more personalized, compassionate financial options.
Manage claims, payments, denials—and prioritize high-impact accounts—for better efficiency and more revenue.
Reduce underpayments and the costs associated with appealing those underpayments.
Jessica Marple from PeaceHealth Medical Group discusses holding Payers accountable with Experian Contract Manager and seeing a $3.8 million return on investment over 5 years.
Kathryn Wrazidlo from Essentia Health discusses how they were able to find 67 percent of coverage for patient accounts during pre-service to decrease aging A/R accounts.