One of the most important elements in a revenue integrity partnership is technology. When considering engaging a revenue integrity partner or optimizing your current strategy, a commitment to technology will be an asset to the revenue integrity management teams.
Healthcare has changed dramatically, even in the last decade, with greater access to technology. Technology enables us to quickly, collaboratively, and efficiently access a wealth of medical information at the touch of a button. Better treatments, equipment, and medicine have all been made possible through technological advancements, improving quality of life, the standard of care, and speeding up research efforts. Additionally, technology improves the relationships between clinicians and patients through patient portals, access to medical records, and more efficient transcription.
Regarding revenue integrity, the impact of improved technology has been valuable for providing hospitals with customized reporting solutions that help ensure quality patient care and timely reimbursement. Proper use of technology increases coding accuracy and efficiency, improves medical documentation accuracy, and analyzes data for billing compliance. Data and reporting solutions that offer informative recommendations based on historical data are invaluable in decreasing time to revenue and identifying revenue integrity concerns.
Every partner evaluated should provide technology that enables the team to have the most up-to-date and accessible data. All aggregated claims and denial data should be immediately accessible, provide real-time data, and work seamlessly with existing systems.
Advent Health Partners provides strategic business intelligence reporting through the Optics reporting platform. When used in conjunction with denial management data and healthcare expertise, Optics gives clients access to valuable, real-time reporting based on previously inaccessible data. Create intuitive dashboards with Optics’ flexible framework to display all the information needed, paving the way to discovering actionable insights to improve denial management and denial prevention programs. Optics can be accessed from desktop or mobile devices, ultimately allowing one to identify areas of their organization that would benefit from improvement.
Based on specific objectives, Advent Health Partners offers a comprehensive technology solution that will decrease time to revenue and work toward long-term financial goals. To learn more about Advent Health Partners’ technology solutions, schedule a 20-minute solutions consultation with a team member.