Hospital Billing Services
Empowering Hospital Finances through Advanced Billing Solutions
Take control of your billing process and achieve unprecedented efficiency with Neolytix’ EMR-internal approach and advanced analytics.
The Challenges Constricting Your Hospital’s Billing Efficiency
Dealing with disconnected billing systems, managing intricate payer contracts, and striving to maintain transparency across stakeholders can be overwhelming. Moreover, the issue of Payer Contract rate variance, especially at the code level, is a concern unique to hospital billing.
Unlike Physician billing, where this complexity is less prominent due to the absence of code-level price tables, hospitals grapple with this issue due to readily available code-level information in contracts. With stringent healthcare regulations adding to the complexity, we’re here to offer a solution.
Disconnected Billing Systems
Lack of Transparency
Complex Payer Contract Management
Resource Drain due to Data Transfers
Compliance and Regulation Hurdles
Maximize Revenue With Neolytix’s Transformative Approach to Hospital Billing Efficiency
No EMR Integration Required
Unlike conventional billing partners that employ separate systems, Neolytix harnesses the power of your EMR system to streamline the billing process. We work within your EMR environment, whether it’s eClinicalWorks (eCW), EPIC, Cerner, Athena, or other leading systems.
By eliminating the need for data extraction, separate billing platforms, and data transfers, we ensure optimal efficiency and minimize resource drain.
This approach allows your hospital to retain control and maintain a clear view of the entire billing process.
Empowering Stakeholders with Advanced Analytics
Neolytix goes beyond conventional billing services by offering a robust analytics infrastructure powered by Power BI and advanced visualization tools.
Our focus on analytics and dashboards transforms raw data into actionable insights, offering unparalleled visibility for stakeholders across your hospital’s hierarchy – from COOs to Billing Managers.
Unveiling Payer Contract Rate Variance at Code Level
Payer contract rate variance, particularly at the code level, is a distinctive challenge in hospital billing. Unlike physician billing, where this complexity is less pronounced due to the absence of code-level price tables, hospitals grapple with this issue due to readily available code-level information in contracts.
Neolytix recognizes this challenge and provides specialized solutions that meticulously manage and analyze payer contract rate variance.
Increased Efficiency Through Robotic Process Automation
Neolytix leverages Robotic Process Automation (RPA) to supercharge hospital billing efficiency. RPA seamlessly integrates with your systems, automating routine tasks and ensuring precision.
This technology slashes manual work, accelerates data entry, claims processing, and payment follow-ups, freeing up your staff for more critical duties. It significantly reduces resource utilization, enhances revenue collection, and ensures compliance with healthcare regulations.
Improved Patient Experience & Billing Operations with On-Site Front Desk Coordination
Neolytix offers the option of an on-site Front Desk Coordinator as an integral part of our Hospital Billing Services.
Our Front Desk Coordinator is dedicated to enhancing patient interactions and operational efficiency. They provide invaluable patient billing support, handling inquiries, and assisting with billing-related questions. Moreover, they excel in collections, ensuring that payment processes are streamlined and efficient.
Apart from billing efficiency, with a focus on scheduling coordination, our on-site coordinator optimizes appointment management, reducing wait times, and enhancing patient satisfaction.
Hospital Billing Efficiency Made Easy
Fast-track your journey to billing efficiency by scheduling a no-obligation consultation with our specialist.
How We Do It?
Discovery and Analysis
EMR Customization
Advanced Analytics Implementation
Resource Drain due to Data Transfers
Payer Contract Management Solutions
Stakeholder Training and Support
Robotic Process Automation (RPA)
Continuous Improvement
TESTIMONIALS
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Why Choose Neolytix?
Partnering with Neolytix is a strategic decision that guarantees results. With over 11 years of dedicated experience in the healthcare billing industry, we possess an unparalleled understanding of the intricate complexities and unique challenges that hospitals face. Our track record of serving over 150 healthcare organizations nationwide demonstrates our unwavering commitment to excellence.
Our expertise extends beyond traditional billing services. We bring cutting-edge technology, including advanced analytics powered by tools like Power BI and innovative Robotic Process Automation (RPA). These solutions streamline billing processes and empower your hospital’s leadership with actionable insights, enabling informed decision-making.
11+ Years Experience
150+ Healthcare Organizations Served
100% American Owned
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