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      Your Guide to an Autonomous Revenue Cycle
      Plot a course toward forward-thinking innovation that improves efficiency, the patient experience and your bottom line.
       

      Case Study
      Claims Manager

      University of Washington Medical Center Overhauls Claims Management

      Business issue

      The University of Washington Medical Center (UWMC) sought to decrease its claim denials rate and streamline internal claims processes to maintain organizational financial health and ensure the best care possible for patients.
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      Before FinThrive

      Struggled with a high volume of rejected claims due to eligibility and demographic errors

      Lack of standardization and a high volume of claims on hold amongst multiple departments

      Cash collection was ineffective, and the medical center was challenged by poor visibility into their data

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      Solution Highlights

      Produces claims resulting in full reimbursement

      Integrates with patient accounting systems

      Reviews and manages unbilled aging claims

      Automates issue resolution

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      Customer Overview

      The only comprehensive clinical, research and learning health system in the five-state region

      One of the largest medical research programs in the world

      FinThrive Value

      ↓50%

      Denial rate dropped more than 50%

      ↑8%

      Clean claim rate improved from 84% to 92%

      ↓33%

      Average days from claim to export dropped 33%

      “Because of FinThrive Claims Manager, we are able to complete more edits than we would with our host system alone. We continue to rely on FinThrive for key payer updates and to keep our claims clean.”

      Jerry Brooks
      Director of Patient Financial Services

      Revenue management without limits

      FinThrive provides smarter, smoother revenue management to 3,250+ healthcare providers in North America, including 37 of the 40 largest hospitals and health systems in the U.S.

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