Real-Time Insight into the Account Receivable Portfolio
Revenue Cycle Analytics is a web-based business intelligence solution that empowers hospital
decision-makers with real-time insight into the daily performance of accounts receivable. Mede aggregates
disparate data systems, delivers on-demand web analytics, and supports the business office with
healthcare expertise and information advocacy. Users at every level of the organization have easy access
to the real-time data needed to take action and drive financial improvements.
Plugging the Revenue Cycle Leaks
- Spend less time gathering data and more time taking action
- Instantly identify the root causes of denials and billing delays
- Automatically eliminate “black hole” accounts that impact
- Measure reimbursement trends and forecast net revenue
- Monitor best practices and drive staff accountability
Client Results
Cash Acceleration
5 Hospital System - Reduced AR days 15% from 62 to 53
Reduction in Write-Offs
70 Hospital System - Improved clean claim rate from 45% to 55%
Operational Efficiency
350 Bed Facility - Reduced internal cost to collect by 27%
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Real-Time AR Management
Identify AR bottlenecks, track reimbursement trends, eliminate
“black-hole” accounts, and instantly drill into granular AR data to drive
revenue cycle improvements.
Denial Analysis and Trending
Understand the root-causes of denials and underpayments; benchmark
payer and contract performance; perform detailed analysis of the
adjudication process.
Collector Performance Tracking
Analyze individual collector performance; ensure best-practices
through exception reporting; create intelligent work lists that optimize
business office resources.
Revenue Cycle Benchmarking
Compare your financial and operational performance to internal and
external benchmarks; leverage the Mede community to drive revenue
cycle best practices.
The Mede Business Intelligence Platform
Revenue Cycle Analytics is part of a full suite of healthcare analytic
solutions delivered on the Mede business intelligence platform. By
aggregating disparate data systems and providing web-based analytics
to business decision-makers, Mede provides a comprehensive solution
for business performance management. |
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