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30% of small balance inventory resolved in one touch, with an average of 2.4 touches to resolution
30%的小额余额库存一次性解决,平均解决2.4次
PLANO, Texas, Feb. 27, 2024 /PRNewswire/ -- Healthcare technology leader CorroHealth has revealed its REVIVE platform, the next evolution in intelligent technology targeting a healthcare system's aged receivables (AR). Building on CorroHealth's previous AR platform, REVIVE is re-engineered with artificial intelligence and automation to effectively recover revenue on small- or low-balance and zero-balance accounts for hospitals and health systems ready to fortify their financial resilience and usher in a new era in revenue cycle management..
德克萨斯州普莱诺,2024年2月27日/PRNewswire/--医疗技术领导者CorroHealth透露了其复兴平台,这是针对医疗系统应收账款(AR)的智能技术的下一次演变。在CorroHealth之前的AR平台的基础上,REVIVE通过人工智能和自动化进行了重新设计,以有效地恢复医院和卫生系统小型或低余额和零余额账户的收入,从而增强其财务弹性,开创收入周期管理的新纪元。。
REVIVE is more than technology; it is a full-service solution integrating advanced AI with human oversight to ensure unmatched efficiency and effectiveness in accounts receivables. By focusing on small- and zero-balance accounts, REVIVE addresses a critical gap in traditional AR processes, offering a purpose-built solution to recover valuable revenue that healthcare organizations might otherwise write off..
复兴不仅仅是技术;它是一个全面服务的解决方案,将先进的人工智能与人工监督相结合,以确保应收账款的效率和有效性无与伦比。通过专注于小额和零余额账户,REVIVE解决了传统AR流程中的一个关键缺口,提供了一个专门构建的解决方案,以回收医疗保健组织可能会注销的宝贵收入。。
Existing CorroHealth customers will continue to benefit from the advancements of REVIVE, while new customers seeking tech-enabled services will find REVIVE and CorroHealth an invaluable addition to their accounts receivable team. By enhancing a current product with new functionality for zero-balance accounts, REVIVE exemplifies the company's commitment to continuous innovation and client-focused solutions..
现有的CorroHealth客户将继续受益于Review的进步,而寻求技术支持服务的新客户将发现Review和CorroHealth是其应收账款团队的宝贵补充。通过为零余额账户增强现有产品的新功能,复兴体现了公司对持续创新和以客户为中心的解决方案的承诺。。
With REVIVE, AR teams optimize resource utilization by predicting a payer's likelihood to pay based on historical performance. Leveraging REVIVE's intelligent technology and machine-learning capabilities, CorroHealth assimilates a hospital's specific preferences and contractual terms into streamlined workflows..
通过REVIVE,AR团队通过根据历史表现预测付款人付款的可能性来优化资源利用率。CorroHealth利用Review的智能技术和机器学习功能,将医院的特定偏好和合同条款吸收到简化的工作流程中。。
'REVIVE improves revenue reimbursements and cycle time because AR teams are not focusing on accounts that will not pay,' said CorroHealth CEO Pat Leonard. 'Efforts can remain focused on accounts that will pay, and the platform has the statistics behind it to support its scoring.'
CorroHealth首席执行官帕特·伦纳德(PatLeonard)说,“复兴”改善了收入报销和周期时间,因为AR团队没有专注于不付款的账户。”努力可以继续集中在能够支付的账户上,平台拥有支持其评分的统计数据
The program's remarkable success rates in resolving complex accounts prove the platform's intelligence and the capabilities of the CorroHealth team. An impressive 30 percent of cases are resolved in a single interaction, while 70 percent require no more than three touches, achieving an efficient average resolution rate of just 2.4 interactions per case..
该项目在解决复杂账户方面取得的显著成功率证明了该平台的智能和CorroHealth团队的能力。令人印象深刻的是,30%的案例是在一次交互中解决的,而70%的案例不需要超过三次触摸,每个案例的有效平均解决率仅为2.4次交互。。
REVIVE expertly handles accounts that are, on average, 95 days post-discharge with a typical balance of $1,110. Impressively, it successfully collects 63.4 percent of eligible accounts and resolves 92.5 percent within the first year of placement. These accounts, commonly underestimated and prematurely written off, cumulatively represent a substantial financial impact, potentially adding up to millions of dollars.
REVIVE熟练地处理出院后平均95天的账户,通常余额为1110美元。令人印象深刻的是,它成功地收集了63.4%的合格账户,并在安置的第一年内解决了92.5%的问题。这些账户通常被低估并过早注销,累积起来产生了巨大的财务影响,可能总计数百万美元。
Prioritizing these accounts enables healthcare providers to reclaim significant revenue, strengthen financial stability, and exemplify a detailed and responsible financial strategy..
对这些账户进行优先排序,使医疗保健提供者能够收回可观的收入,加强财务稳定性,并举例说明详细而负责任的财务战略。。
'Every recovered dollar from delinquent accounts is a step towards sustaining healthcare operations and enhancing the quality of patient care,' Leonard said. 'This proves even the smallest balances, when aggregated, can make a meaningful difference in a healthcare provider's financial health.'
伦纳德说:“从拖欠账款中收回的每一美元都是朝着维持医疗保健运营和提高患者护理质量迈出的一步。”这证明,即使是最小的余额,如果加在一起,也可以对医疗保健提供者的财务状况产生有意义的影响。”
Join our exclusive webinar March 27th at 11am PST for an in-depth look at REVIVE with insights from Keith Slater, Senior Vice President of Revenue Cycle and Dan Low, Senior Director - AR Solutions. Register Now
参加太平洋标准时间3月27日上午11点举行的独家网络研讨会,深入了解REVIVE,了解Revenue Cycle高级副总裁Keith Slater和AR Solutions高级总监Dan Low的见解。立即注册
About CorroHealthCorroHealth is the leading provider of clinically led healthcare analytics and technology-driven solutions dedicated to positively impacting the financial performance of hospitals and health systems. With more than 8,500 employees worldwide, CorroHealth delivers integrated solutions, proven expertise, intelligent technology, and scalability to address needs across the entire revenue cycle.
关于CorroHealth CorroHealth是临床领先的医疗保健分析和技术驱动解决方案的领先提供商,致力于积极影响医院和卫生系统的财务绩效。CorroHealth在全球拥有8500多名员工,提供集成解决方案、经验证的专业知识、智能技术和可扩展性,以满足整个收入周期的需求。
To learn more, visit corrohealth.com..
要了解更多信息,请访问corrohealth.com。。
Media Contact:Mellissa Gardner, Senior Vice President of Marketing[email protected]
媒体联系人:营销高级副总裁梅丽莎·加德纳[受电子邮件保护]
SOURCE CorroHealth
SOURCE CorroHealth