Revenue Cycle Management
Revenue cycle management must radically change
Traditional Revenue Cycle Management (RCM) solutions are built to address problems after they’ve already happened.
- They offer little to no efficiencies
- Require heavy staff involvement
- Are made up of multiple, siloed solutions
- They cannot keep pace with administrative changes
Removing barriers to timely and accurate reimbursement and anticipating problems can transform revenue cycle management.
IKS Health’s preactive revenue optimization solutions seal revenue leaks before they can occur, ensuring timely, accurate payments with predictive technology to get ahead of the downstream revenue impacts.
Revenue optimization creates a radically different reimbursement journey:
- Move from reactive processes to preactive
- Bridge the gaps in the EHR
- Eliminate operational costs of maintaining and managing disparate systems
- Maximize revenue collection with fewer denials and accurate payments
- Reduce administrative chores allow more time with patients
- Provide a scalable infrastructure to support growth
- Increase staff/patient satisfaction and improve care delivery
Impact Delivered
Reimbursement Reinvented with IKS Health Revenue Optimization
Removing barriers to timely and accurate reimbursement and anticipating problems before they arise can transform Revenue Cycle Management.
IKS Health Revenue Optimization, is the industry’s first full-cycle, preactive revenue protection solution using Gen AI technology with a human-in-the-loop. The solution eliminates revenue leakage before it happens, and ensures timely, accurate payments at a significantly reduced cost.
Simplify the patchwork point solutions.
Components of Revenue Optimization
Patient Access
Empower patients to take control of their healthcare experience while improving financial outcomes with clear reimbursement pathways ahead of patient visits.
Coding Suite
Autonomize up to 70% of your volume with 95%+ accuracy, which then feeds 100% of claims through our pre-bill engine and IKS Review for charge assurance and denial prevention ensuring less coding-related denials and maximum reimbursement, the first time.
Denial Prediction and Prevention
Stop denials from happening with denial prediction, prevention, and prioritization capabilities to optimize your claim process.
Contract Administration
Optimize reimbursement for services provided with our underpayment analysis and contract modeler.
RCM Advisory Services
Remediate coding, billing, and charge processing inaccuracies by targeting the root cause of errors.
Patient Engagement Hub
A centralized, multichannel patient engagement solution incorporating behavioral nudges adapted to patient propensities