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    Four Simple Steps to Uncover Hidden Revenue 
    You could be missing out on millions in annual revenue. Learn how to recover every earned dollar.
     

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      Your Guide to an Autonomous Revenue Cycle
      Plot a course toward forward-thinking innovation that improves efficiency, the patient experience and your bottom line.
       

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        Advance Health Equity Through Data
        Learn actionable strategies to turn robust data into powerful patient and member experiences.
         

        RPA

        Drive efficiency, accuracy,
        and cost savings with automation

        Request a Demo

        RPA

        Drive efficiency, accuracy, and cost savings with automation

        Request a Demo

        Your teams are under pressure. Ease workforce shortages with Robotic Process Automation (RPA).

        The real value of automation is freeing up people to focus on more impactful endeavours—looking for improvements, efficiencies, solving problems and enhancing the patient financial experience. Our RPA solutions free up your teams to shoulder high-priority work in need of human touch. Allow bots to handle the more tedious or labor-intensive process so that your staff can focus on things that are more critical and cash generating.

        Check out our blog to learn more about RPA.

        Common Use Cases for RPA

        Shift low-value-added tasks to software “bots” to automate repetitive work. There are almost no limitations to RPA. As long as the process can be documented, then it can be done. Even if the process is complex with multiple decision points, bots can handle the job. Some examples where RPA has been used include, but aren’t limited to the following:

        • Payer requests for medical records 
        • Denials management lock boxes to address and/or route correspondence 
        • Eligibility process management and research
        • Submitting notifications on admissions 
        • Adding claims attachments 
        • Executing medical billing edits 
        • Translating Medicare codes to standard codes 

        The Proven Value of RPA

        Revenue cycle automation means delivering meaningful value for providers, their staff, and their patients. RPA shortens the revenue cycle and reduces costs for all stakeholders. Organizations that automate revenue cycle processes with RPA have seen the following benefits:

        • Time savings of over 90%. For ICN & DCN population rebuilds, a 3 minute task done by a human can be accomplished in 16 seconds.
        • A 15-minute task for an employee pulling medical records, sending it out to the payer, coming back and updating the patient accounting system can be reduced to about 30 seconds.
        • RPA increased team workload capacity up to 200%, which is critical during healthcare administration labor shortages. Facilities have been able to save FTEs in various departments hours of work by implementing RPA. 
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        Start automating your processes today.

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        Imagine revenue management without the friction

        See how it’s possible with FinThrive

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