Case Study
Accountability Manager, ABN Manager

Colquitt Regional Medical Center Increases POS Collections by Over 500%

Business issue

Colquitt Regional sought a trusted ally and partner to help them with quality-assurance, a necessary tool to maintain medical-necessity compliance and increasing their cash flow.

Before FinThrive

Online registration module unable to handle complex rules

Manual process leading to missed medical necessity checking

Decreasing cash flow due to errors in revenue management process

Solution Highlights

Seamless view of identity concerns in patient accounts

Decreases the amount of work required to build rules and reports

Real-time error alerts and added functionality allow for faster checking of medical necessity and creation of more efficient processes and clean patient profiles

Customer Overview

Founded in 1939

99-bed community teaching hospital in Moultrie, Georgia

FinThrive Value

↑44%

Medical Necessity checking increased from 45% to 89%

↑10%

Registration Accuracy rates increased by 10%

↑500%

Point-of-service collections have increased by over 500%

“I was very impressed with the results FinThrive delivered in a very short time. The accuracy rates have directly affected our bottom line and allowed us to better serve our community via our hospital and clinics.”

Shamb Purohit
Chief Financial Officer

Confident business woman at easy

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.