Featured Content

    FinThrive_EXEC_Revenue Management Automation Guide-svg

    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
    Collections Manager

    Large Southern Health System Reduces A/R Days by 26%

    Business issue

    A large Southern health system sought a solution to improve productivity and A/R days and streamline workflow. After an unsuccessful attempt outsourcing Central Business Office operations, the system brought part of its operations in-house and sought a tool to unify workflow.
    icon-tech-computer-person

    Before FinThrive

    Struggled with identifying and assigning accounts to appropriate team members

    Sizeable denial backlogs

    Lacked visibility into productivity and limited data insights

    High cost to collect

    icon-concepts-hands-growth

    Solution Highlights

    Resolves open receivables

    Drives maximum productivity with technology-enhanced workflows

    Accelerates cash flow

    Improves revenue yield

    icon-buildings-hospital-3

    Customer Overview

    50 hospital campuses with multiple central business offices

    Provides services to more than 20 states

    More than $6B in revenue

    FinThrive Value

    ↓26%

    26% reduction in A/R days from 57 to 42.4

    ↓71%

    71% decline in A/R days >90

    ↓57%

    57% drop in monthly denial write-off rate from 2.3% to 0.98%

    “Within the first 18 months, cash exceeded 100% of our expected revenue.”

    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.

    View More Success Stories