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. 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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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
In April of this year, the Centers for Medicare & Medicaid Services (CMS) announced that they will be using a new five star ranking system on its Hospital Compare website. Created to ”simplify” quality ratings for consumers, these new ratings will be created by pulling data from the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) survey. These surveys are sent to patients following hospital services from nearly 3,500 Medicare-certified acute care hospitals and ask the patient to rate the hospital in terms of cleanliness, clinician communication and staff responsiveness. Each of the 11 measures polled on the HCAHPS survey will be assigned a star rating available to the public that will
Healthcare Providers Unprepared For Revenue Cycle Changes A HIMSS report, titled Rethinking Revenue Cycle Management 2015, highlights market force challenges impacting healthcare today for which current revenue cycle management processes are ill-equipped to cope. Among them: Rapid growth in consumer payments Reduced payer reimbursement rates An ever-changing regulatory environment Shifting consumer expectations HIMSS assembled the Revenue Cycle Improvement Task Force (RCITF), compiled of experts from the payer, health provider, financial services, revenue cycle vendor and consultants industries as well as several healthcare associations. This team combine their respective knowledge, experience and perspective to project the p
It has been more than five years since the Affordable Care Act (ACA) went into effect. As our healthcare delivery model is taking shape for the future, now is a good time to take a look at the different facets of the ACA, changes that have been seen and felt and other current news surrounding Obamacare. Measuring the Effects Financial impact has been one of the most significant aspects of the ACA implementation. Felt by payors, providers and patients alike – the financial changes have been felt across the board. Let’s review numbers from a recent article that break down the results. $7.4 Billion was saved in 2014 by hospitals nationwide on uncompensated costs 29 total states have taken part in Medicaid Expansion