Wise Health System implements MedeAnalytics' Revenue Lifecycle Management solution: 5 things to know

Wise Health System, based in Decatur, Texas, has expanded its relationship with MedeAnalytics.

Here are five things to know.

1. Wise Health System, an affiliate of Dallas-based Baylor Scott & White Health, implemented MedeAnalytics' Revenue Lifecycle Management solution.

2. The Revenue Lifecycle Management solution provides a unified analytics view of an enterprise's revenue. The solution will be used across the patient access, mid-cycle and business office revenue cycle functions at Wise Health System.

3. The solution's Patient Access function provides analytics during patient registration and payment clearance processes. The Revenue Integrity function is designed to find opportunities to improve revenue capture and minimize audit risk. The Business Office function aims to optimize cash flow and improve collections.

4. Wise Health System expects to go live on all solutions by June 2016.

5. "Our decision to adopt an enterprise approach to managing our revenue cycle was motivated not only by our desire to better connect and engage with our expanding physician community, but also because of our proven success with MedeAnalytics' offerings in the past,” said Lynn Giddens-Branscum, Wise Health System's revenue cycle director.

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