Accounts receivable Health Check

Utilizing RevSTAT ™ provides the opportunity to review the health of your overall revenue cycle and its processes.  Some of the native capabilities are:

  • Cash forecasting utilizing claim status returns and 835s
  • Missing payment posting using 835s and flat file transaction reconciliation
  • Denial management
  • A/R automated resolution through reconciling AR balances to payment variances
  • Claims released from clearinghouse not accepted by payer
  • Credit balance automated categorization
    • Patient credits utilizing 835 patient responsibility
    • Insurance credits utilizing expected reimbursement to 835 allowable
  • Accelerated patient collection utilizing claim status returns and 835s
  • Vendor reconciliation and performance
  • Vendor performance
  • Payer contract scorecards
    • Net revenue leakage
    • Payer denial rates
    • Simulations for future contracting
  • Collector productivity
    • Work from home accountability using collector touch by minute reporting
    • Collector appeal reporting to track individual collections
    • Collector QA analytics