Case Study
Insurance Verifier, Identity Verifier,
Claims Manager, FinThrive Knowledge Source

Community Technology Cooperative Optimizes Revenue Cycle with FinThrive

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Business Issue

Before partnering with FinThrive, each health center operated independently with separate clearinghouses and EHR systems. To unify operations and streamline financial performance tracking, Community Technology Cooperative (CTC) implemented Epic as its standardized EHR platform and sought a revenue cycle solution to enhance claims management, reduce denials and optimize reimbursement.

Before FinThrive

Fragmented claims processing

High claim denials and outstanding AR

Payment delays due to eligibility issues

Lack of standardized insights

 

Solution Highlights

Optimized claims submission and denial prevention

More accurate eligibility and claims data with RTE

Increased efficiency for billing teams

CTC achieved faster reimbursements, fewer denials and stronger financial performance across its network

Customer Overview

CTC was formed to help Federally Qualified Health Centers (FQHCs) improve health and equity for under-resourced communities through technology. As a nonprofit, CTC serves 13 Massachusetts-based FQHCs, providing care for over 1 million visits annually.

FinThrive Value

$1.5M

$1.5M reduction in outstanding claims

16.5

16.5-day decrease in accounts receivables

$300K+

Over $300,236 reduction in claim errors

“A partnership with FinThrive means that my feedback counts. The FinThrive team frequently asks for our input on product enhancements and I’m looking forward to being a beta site for a new solution we feel will have a big impact on our operations.”

Nicki Wilson, Senior Director

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.