A large independent multi-specialty medical group in the Northeast, with more than 560 physicians and advanced practice professionals. It offers the highest quality medical care through a broad suite of services aimed at helping people live healthier lives.
IKS Health, with its RCM solution suite, created a centralized combined business office built on an optimized, variable-cost infrastructure spanning the US and India. On top of that foundation, the team standardized workflows and processes with a focus on improving collection effectiveness, and deployed IKS Health’s proprietary technology to manage workflow and monitor key business metrics.
The engagement lowered cost, freed up cash, and gave the group the financial footing to take on value-based care. A compliant coding solution enabled accurate risk capture, net revenue rose by 1.5 percent, and the engagement expanded to include IKS Scribble and IKS Health’s prescription renewal management solution to further lift physician productivity and outcomes.