Revenue Cycle Management
Each day, healthcare organizations are under more pressure. Government reimbursements don't match actual costs. More patients are under- or uninsured. Administrators must find new ways of improving revenue without sacrificing workflow. That's where HealthPort Revenue Cycle Management (HealthPort RCM) comes in.
HealthPort RCM reduces accounts receivable days by managing claims and related transactions for the entire healthcare community—hospitals, physicians, and community health providers.
The system decreases lost revenue by incorporating claims status, eligibility, and remittances into its standard workflow. Built on decades of extensive, real-world revenue cycle experience, HealthPort RCM can help you:
- Save time,
- Cut costs, and
- Recover lost reimbursements.
More than Just Claims Management
HealthPort RCM is more than a claims management system; it's a system for managing and analyzing your entire revenue cycle. The system uses an application service provider (ASP) model, allowing for minimal up-front costs and low cost of ownership. Some additional features of HealthPort RCM include:
- ROI-QuickLink optimizes the relationship between RCM and ROI, making file requests associated with claims fast, easy and seamless
- On-demand claims status dashboard reduces calls and manual processing
- Complete, real time compliance checking ensures clean claims-the first time
- Electronic patient correspondence supports patient-friendly billing
- Eligibility checking virtually eliminates the risk of rejections and rework
- Robust reporting helps you pinpoint processes that waste time and revenue
Use HealthPort RCM as a stand-alone system or interfaced with HealthPort PM to dramatically improve your revenue process.
Learn more ...
A strategic way to manage your claims and improve your bottom line
HealthPort Revenue Cycle Management (RCM) is a user-friendly claims management tool that provides actionable information to facilitate positive financial results.
HealthPort RCM improves your bottom line by automating and streamlining claims submission, eligibility, and claims status. It links remittance and denial management to the claims process and allows you to run standard reports or create your own. It helps you manage payers while expediting payment on secondary claims as well as eliminating the tedium of paper processing.
Executive dashboard views equip financial managers to measure performance on individual and organizational goals. Real time views into data helps identify areas for operational improvement and understand cash flow expectations.
HealthPort RCM offers significant revenue improvement:
- Improve clean claim rate to 95+%
- Reduce A/R days - guaranteed
- Eliminate back end denials
- Reallocate staff to more efficient positions
Rely on our highly touted customer support
HealthPort RCM's Help Desk is staffed by certified customer service professionals with real life experience in hospitals and physician offices. Sixty-three percent of requests are completed during the initial call. The rest are managed through our second and third level support. Updates on your claims status are part of the follow-up, or you can sign into our Client Web and track your open requests.
ROI-QuickLink - The Integrated Link
As an added feature of HealthPort RCM, ROI-QuickLink connects to HealthPort Release of Information (ROI) services to improve claims processing, reduce days in accounts receivable and increase efficiencies. File requests are automated, allowing your staff to focus on claim submissions resulting in faster pay.
ROI-QuickLink electronically captures remittance advice details from within the HealthPort RCM system, identifies denial codes requiring additional records, and automatically sends a request to health information management (HIM). Denials staff can also place a hot-key request for records directly from RCM. Either way, you save time, reduce phone calls and improve inter-departmental communication. Payers receive records more quickly and claims get paid faster.
Results
You'll realize a measureable increase in your receivables in the first 90 days!
We're so sure of this we guarantee it. You'll save time, cut costs, and recover lost reimbursements. Our customers report reductions of up to 15 AR days and 30% increases in revenue flows.
Get a handle on your revenue cycles with HealthPort RCM.