Drive revenue improvement through advanced data analysis capable of intuiting any potential overlooked opportunities.
Benefits
- Enhances compliance efforts, ensuring coded elements support best practices
- Dashboard view of charge status' expedites reconciliation and review processes
- Fully supports a split billing approach, which derives greater revenue
- Reduced manual reconciliation processes saves time and increases productivity
One of the key challenges facing healthcare providers is the delivery of necessary services without incurring operating losses due to unrealistic reimbursement schedules for many specialties. MedAptus’ Revenue Optimizer is a powerful tool developed to assuage the reality of declining reimbursement. By proactively identify charges lacking critical, billable elements based on the presence of other service items, the Optimizer allows groups to realize full payment with minimal intervention.
In addition to seeking out additional revenue opportunities, the Revenue Optimizer also reduces manual tasks including chart reviews and audits. Such improvements can be the driving force that changes a department that was once a cost center to a profit center.
Take a proactive approach to stemming revenue loss...
- Applies intelligence based on revenue risk profile of encounter
- Leverages common data interdependencies between service items such as medications and injections
- Utilizes real-time alerts to identify encounters that will result in loss
- Auto-populates shared facility and professional charge data elements