Case Study
Revenue Capture
Phoebe Putney Identifies $12 Million of Lost Charges in First Year
Business issue
High number of billing inaccuracies resulted in lost revenue.
Before FinThrive
Inability to thoroughly audit over 225,000+ claims
Complex billing process
Lack of common goals
Unfamiliar with process and nuances of coding, resulting in errors and missed charges
Solution Highlights
Maximizes reimbursements and improves clean claim rates
Identifies missing revenue and compliance issues—pre-bill
Scrubs bills before they reach the patient
Improves charge accuracy and compliance
Customer Overview
A nonprofit, 691-bed teaching hospital in Southwest Georgia
Serves more than 500,000 residents in 41 counties
FinThrive Value
100%
FinThrive Revenue Capture reviews 100% of inpatient / outpatient bills
$12M
Identified $12M in lost
charges in its first year of use
12,000+
Leverages 12,000+ rules derived from clinical practices to increase net revenue
“FinThrive Revenue Capture is a valuable tool for any organization. It’s the best and virtually only tool of its kind – compliance-centered and very effective in identifying lost charges. We know that we’re sending out clean claims and you can’t put a value on that assurance.”
Wendy Allen
Corporate Director, Revenue Management
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.