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, advanced analytics, and AI-assisted automation.
Overcome Efficiency Challenges With Optimized Hospital Billing Solutions
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.Â
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
Managing billing with disjointed systems results in data discrepancies and communication gaps. Traditional billing services use standalone platforms that require APIs or data transfers, leading to delays and inefficiencies in trying to synchronize two different systems for no good reason.
These inefficiencies not only hinder the billing process but also impact overall financial management.
Lack of Transparency
Complex Payer Contract Management
Resource Drain due to Data Transfers
Traditional billing services necessitate the extraction of data from your EMR system, billing on their platform, and transferring data back. This cycle consumes valuable time and resources, diverting your staff's focus from core healthcare activities.
These resource drains impact patient care quality and operational efficiency, hampering your ability to provide exceptional services.
Compliance and Regulation Hurdles
Boosting Revenue With Neolytix’s Innovative Hospital Billing Solutions
Our approach is rooted in providing unparalleled control, superior analytics, and advanced visualization tools, all seamlessly integrated into your existing EMR system. This distinctive approach ensures that your hospital’s billing efficiency is not only optimized but also aligned with your strategic goal, which include maximizing revenue.
Seamless EMR Integration
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.
Managing Payer Contract 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.
Front Desk Coordinator: Optimizing Patient Interactions
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
Listen to what our clients
have to say
Sarah CharmchiI chose Neolytix for credentialing our practice. The team was knowledgeable, responsive and kind and supported us through the process. I would certainly recommend their services.Sue RobbinsNeolytix has helped so much with our outstanding A/R. They are always so very willing to help and complete the task in a timely manner.TobyWe transitioned to Neolytix a while back, having come from a billing company we were less than thrilled about. The people here have been very responsive to our needs and requests, and adapt quickly to whatever curve balls our practice throws them. They bring a wealth of knowledge to the table, and take the attitude that our success is their success.Sandy MI was a new office manager for a private practice when I hired Neolytix for credentialing assistance. Eden has been very thorough and helpful every step of the way. insurance credentialing can be so overwhelming at times, that having this task off my plate has given me a peace of mind. I know she is handling everything. Always quick to respond to questions or concerns.Cheryl LambertNeolytix is the most professional and hard working billing company I have ever been partners with . I call them a partner because they truly are. Neolytix makes sure what they bill is accurate. Their knowledge of physician billing is outstanding. The entire team takes control and does what is necessary to make sure you get paid.
Why Choose Neolytix for Your Hospital Billing Service?
12+ Years Experience
With over 12 years of experience in the healthcare billing industry, Neolytix has honed its expertise to perfection. Our team understands the intricacies of hospital billing, allowing us to provide you with tailored solutions and expert guidance.
150+ Healthcare Organizations Served
100% American Owned
Start the Hospital Billing Efficiency Transformation Today
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