By integrating public data into the hospital revenue cycle, Revenue360 leads staff to higher point-of-service collections and prevents common errors, resulting in cleaner claims. We continue to engineer our platform, with input from our award winning hospital clients, as a leading hospital revenue cycle software solution.
You know the old saying, the whole is greater than the sum of its parts? That’s exactly what happens when you put Revenue360 to work for your patient registration process. Not only does our flexible platform eliminate the need for bolt-on applications, but you also enjoy a powerful synergy of integrated information from multiple verification sources along with intelligent guidance that helps you reduce costly errors.
Customization – Revenue360 can be integrated in real-time with any hospital’s information system. With its intuitive interface, Revenue360 is not only easy to use and update by your management team, it also allows seamless customization based on your organization’s business rules.
Data Integration – Gathering all needed information from multiple applications can be a challenge. Revenue360 makes your life easier by gathering data from multiple sources conveniently onto one platform. Accurate and reliable patient information at the point of service has never been so simple.
Increase Revenue – At the end of the day, hospitals want to provide the best service they can at a fair price. The Revenue360 platform acts seamlessly with your organization to cut down on avoidable costs, allowing you to focus on what’s important; the patient.
This synergy reduces costs and increases revenues for your facility in one efficient platform solution. Click here to learn more about how Revenue360 helps your hospital accomplish it’s management goals.
Providing customized guidance based on your business rules, Revenue360 simplifies complex processes including: insurance coding, eligibility verification, authorization and precertification, address and demographic validation, medical necessity, pricing estimation, payment assessment, e-cashiering, medicaid and charity assessment and claim status.
Revenue360 reduces rework, increases and accelerates total revenue, and improves customer satisfaction through better patient communication.
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Learn first hand from South Nassau Communities Hospital how the Eligibility Verification and Pricing Estimation modules work together to maximize front-end revenue.
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Revenue360 Advantages For:
Being a hospital Revenue Cycle Manager means taking steps to assure that you get paid for your services in a timely fashion. How to achieve this? Eligibility verification and pre-authorization on the front end helps to prevent claim denials on the back end. Getting the right numbers for insurance codes and patient demographics helps registration accuracy. Evaluating the patient’s ability to pay, determining their eligibility for Medicaid and charity care, providing them the best estimates of financial responsibility, and payment processing helps front end collections. Revenue360® has a suite of tools that you can tailor to your needs to get your balance to zero.
You’ve got one of the most difficult jobs in the Hospital. You have to be fast and accurate, while providing excellent customer service and collecting money. In a busy waiting room, the need for speed may win over accuracy, which is good for customer service but bad for the revenue cycle. Learn how Revenue360® can help take the burden off you while helping to avoid registration errors and enabling greater collections on the front-end. Leanrn how Revenue360 can make you a better patient access manager.
Schedulers & Registrars are an integral cog in the revenue cycle management machine. When you register a patient, there are a lot of details and information sources to pull together. It’s a tough task, made a lot easier with Revenue360?s Integrated Intelligent Guidance system. Imagine if you had a system that could gather insurance plan code, eligibility verification, demographic data, credit risk assessment, charity care availability and/or Medicaid qualification. Now you do…
Revenue Cycle Management Blog – Featured Articles
A new report shows $342 billion in taxpayer money is wasted each year in improper healthcare payments – due to challenges in verifying benefit eligibility. Is your hospital taking advantage of healthcare technology to verify insurance coverage and increase collections? If not, you could be one of many health systems who are losing revenue each year because of inefficiencies in standard patient access procedure – insurance eligibility verification.
Now that patients are paying much more out-of-pocket than they ever did before, is it any surprise that they are starting to expect better service for their money? Or that, in Chuck Lauer’s words, “the patient experience revolution has arrived“? In his many years of service to the healthcare industry as former publisher of Modern Healthcare and author, there is little in the evolution of healthcare that Lauer has not observed and commented upon. As he and his peers forecast a sea change in patients’ expectations for the healthcare they receive, Lauer outlines the varied currents underlying this coming revolution: the rise of high deductibles and other out-of-pocket costs; patients’ increasing access to options and information; patients increasing willingness to change physician if they feel they have been treated unkindly; the enlightened patient of today is quite willing to try something new; the patient experience is starting to impact on provider payments changing reimbursement methodologies
As healthcare costs continue to increase, both deductibles and insurance premiums are rising. Some healthcare systems are looking into providing their own health insurance, while insurance company mergers continue – increasing concern about market problems created by those moves. We’ll take a look at the shift in these critical winds for our hospital clients concerned with the impact of these changes on their patients and revenue cycle.
Revenue Matters Monthly Newsletter
When it comes to HIPAA enforcement for healthcare providers it looks like the game is stepping up. OCR has picked a new auditing firm, two recent reports from DHS are calling for a firmer hand to prevent data breaches, and “Business Associates” are next up under the magnifying glass of the enforcement agencies. The government is stepping up audits. Are you ready?read more
As healthcare costs continue to increase, both deductibles and insurance premiums are rising. Some healthcare systems are looking into providing their own health insurance, while insurance company mergers continue – increasing concern about market problems created by those moves. We’ll take a look at the shift in these critical winds for our hospital clients concerned with the impact of these changes on their patients and revenue cycle.read more
Emergency department systems in the United States are facing a period of unique challenges and struggles. The status quo of our emergency care model is in desperate need ofreform and current issues facing ERs nationwide include, but are not limited to the following factorsread more
A new report shows $342 billion in taxpayer money is wasted each year in improper healthcare payments – due to challenges in verifying benefit eligibility. Is your hospital taking advantage of healthcare technology to verify insurance coverage and increase collections? If not, you could be one of many health systems who are losing revenue each year because of inefficiencies in standard patient access procedure – insurance eligibility verification.read more
The Affordable Care Act is forcing providers to address the financial impact of the uninsured & under-insured, which both lead to an unpredictable revenue cycle. Revenue360’s insurance verification and payment assessment modules could be the key to successfully navigating the post ACA waters.read more