FinThrive Analyze

Transform Your Revenue Cycle with the Power of RCM Analytics

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Unlock key insights to boost financial performance

Gain clarity on your key revenue challenges and improve financial results with actionable insights that empower informed decision-making.

Streamline Operations

Monitor and manage claims, payers, contracts and reimbursements through collections to improve cash flow and efficiency.

Data-driven Insights

Our integrated solution empowers leaders to quickly assess financial performance and pinpoint opportunities for operational improvement.

Enhance Revenue

Minimize denials and underpayments while streamlining revenue collection and reconciliation processes.

Solid partnerships. Solid results.

20%

Cost reduction of 15-20% in gathering data, creating reports and assessing impacts

$17M

Increased collections by $17M NPSR in 1 year through root cause analysis

90%

Streamlined reporting processes with a 90% decrease in manual efforts

FinThrive Analyze Features

Optimize revenue management with data-driven analytics solutions

Insights Hub provides visibility into end-to-end revenue management, insights to improve what is working well, what will make a positive impact and the point of diminishing returns.

Insights Hub delivers KPIs, charts, benchmarks, trends and graphs from multiple solutions. And using the power of AI/ML, Insights Hub gets intelligence to your teams faster.

Insights Hub pulls together data from multiple data sources enabling greater context and clarity to answer the most important revenue questions healthcare executives have today. Some examples include Expected Cash in 30/60/90, Expected Payments vs Actual by Payer.

Insights Hub

Insights Hub provides visibility into end-to-end revenue management, insights to improve what is working well, what will make a positive impact and the point of diminishing returns.

Insights Hub delivers KPIs, charts, benchmarks, trends and graphs from multiple solutions. And using the power of AI/ML, Insights Hub gets intelligence to your teams faster.

Integrated Analyzers

AR Analyzer
Provides complete account visibility and drill-down capability for quick identification of process failures, improving cash flow and enhancing Accounts Receivable.

Denials Analyzer
Offers visibility into denied 835s, allowing analysis at account, claim and line-item levels. Claim adjustment reason codes and remittance advice remark codes are mapped to specific denial reasons, aiding users in analyzing denials effectively.

(Requires bundled AR Analyzer)

Operations Workflow
Integrates billing, payroll, operational and financial data for centralized insights. Identify opportunities and drive interventions to reduce average loss per physician.

Contract Analyzer
Provides insights into contracts and payer performance, revealing expected reimbursement, contract performance, underpayments and yield. Enhancing FinThrive’s Contract Manager, it aids in contract negotiation, supports underpaid account collection and boosts overall profitability.

Contract Model Analyzer
Enables users before negotiations, allowing “what-if” scenarios. Compare contract models and terms, understanding the financial impacts for informed decision-making.

Claims Analyzer
Enhances clean claims, reduces unbilled dollars, shortens collection times and identifies areas needing attention. It augments FinThrive’s Claims Manager, boosting efficiency, increasing team productivity and expediting reimbursements.

Data Hub

Data Hub is a powerful electronic data warehouse built for revenue cycle management. Providing on-demand access to consolidated, transformed revenue data.

By consolidating data into a single repository, eliminating silos and providing a unified view of processes throughout the revenue journey, Data Hub not only saves time but also enhances efficiency.

Leverage consolidated and transformed data to query without limits on size or location, slice and dice information, merge with non-FinThrive Analyze data such as Fast Healthcare Interoperability Resources (FHIR) bundles, and export seamlessly for use with other data warehouses.

What our customers are saying

“To me, our core EHR vendor’s primary gap is that they more or less send out a report at the end of the month. They don’t do a very good job in the day-to-day with letting us know how the previous day looked. Being able to send a tool daily can give us granularity that should exist in our core vendor’s platform. We just haven’t been able to figure out how to use that. That is where FinThrive’s system really helps us.”

CIO

August 2024

“FinThrive Analyze really hones in on where opportunities are by looking at variances. The variances translate to a profile that may be wrong or an opportunity to work with payers on certain issues. Mainly the variances are pinpointing where errors are in the build. The product does have a feature that uses payer-by-dollar differences, and that really helps us pinpoint where the issues are. The system will also tell us about patterns it notices that vary. That is one way we figured out how one of our payers was pricing treatment for COVID-19 wrong because everything was the same price and we wondered what was consistently wrong. FinThrive can figure out mistakes and fix them. If customers have other FinThrive products, they might as well have FinThrive Analyze.”

Manager

February 2024

“FinThrive Analyze basically provides reports that show what happened with claims and collections, and then we have executive dashboards that bring the whole picture together. They summarize everything that is going on with FinThrive Analyze and within our revenue cycle. FinThrive Analyze gives us workflow capabilities, collections management, and claims. Our patient access and billing tools just show the status of the accounts. Those tools are not workflow solutions that allow us to go through and work the accounts. FinThrive Analyze offers that ability, so it is a complementary service. That is why our organization goes to FinThrive and gets that specific service.”

Director

January 2024

“I really like the ease of creating reports on the fly; that’s the best quality of FinThrive Analyze. The way the user interface is designed is very intuitive. And it’s very easy to train people who don't have a strong knowledge of reporting and analytics. Another cool feature is that the solution uses real-time data. There is no lag, delay, or anything.”

Manager

December 2023

“With the functionality of the solution, I’m able to identify bulk issues and underpayments. It helps us with forecasting our budget; that is what we mostly use the analytics tool for, in addition to reporting. If somebody came up to me and said they had been having an issue with a certain company underpaying them for the last while for something, I would be able to pull all the data and run reports for them, and we can’t pull that data from another vendor’s solution that we are using. We don’t have expected payment built into our regular billing system.”

Director

December 2023

“When it comes to the product driving tangible outcomes, we’re recovering money. FinThrive Analyze is a good product. I like it. It’s very simple. I helped with the build, and I’ve worked in other systems. FinThrive Analyze is super user friendly, and it’s easy to drill down to find very minuscule issues and big issues. FinThrive stands by what they say they’ll do.”

Director

December 2023