Opera Solutions Whitepaper


Hospital Billing Optimizer: Advanced Analytics Solution to Minimize Hospital Systems’ Revenue Leakage


 

 

Hospitals are already struggling with razor-thin profit margins and losing out on hundreds of millions of dollars because of incorrect billing. And as invoices become more complex, the problem is only getting worse. Existing solutions—human review or rules-based analytics—are not able to address the problem. But advanced analytics that use pattern-recognition techniques and bring together many models of comparison are proving far more effective in minimizing revenue leakage. This whitepaper explores one revenue leakage solution that reduces the number of missed charges and uses machine-learning technology to accommodate each hospital and adapt to changing regulationsover time. Learn more about how Big Data and advanced analytics can increase both auditor efficiency and revenue while giving management better oversight.


{rsform 21}

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Top 40 Articles from the Past 6 Months