Case Study
Claims Manager
Palomar Health Streamlines Claims Management
Business issue
Palomar Health faced inefficiencies with its previous claims management vendor including integration issues with their EHR, data analytics limitations and high costs due to third-party tools and manual processes. They needed a unified, cost-effective claims management solution that integrated seamlessly with their Oracle Health EHR.
Before FinThrive
A poor integration between their claims management vendor and their EHR Claims scrubber solution lacked robust data analytics, requiring costly third-party tools
Manual data handling increased labor costs and operational inefficiencies
Solution Highlights
Integrates seamlessly with Oracle Health’s Millennium EHR system
Eliminates the need for third-party tools for claims scrubbing
Provides better insights into claims and payer remittances
Claims Manager’s bridge routine logic automates repetitive tasks
Customer Overview
With multiple facilities in the San Diego area, Palomar Health is the largest public healthcare district in California. Their accolades include an award-winning wellness program and a #5 ranking in the most advanced hospitals in the world.
FinThrive Value
↑5%
Increased clean claim rate from 82% to 87%, with a goal of exceeding 90%
3.5%
Reduced rejection rate from 6% to 3.5%
$$$$
Saved thousands of dollars by eliminating need for third-party analytical tools
“FinThrive has consolidated our hospitals into one system, boosting our clean claim rate and improving efficiency. Customer support has been invaluable, ensuring quick resolutions and transforming our claims process.”
Terry Fulmer
Financial System Analyst
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.