Enhancing Revenue Collection Efforts
Athenahealth offers a robust solution aimed at maximizing revenue for healthcare organizations. By tapping into their expertise, technology, and insights, organizations can significantly enhance their bottom line. With a focus on streamlining processes and reducing costs, athenahealth provides an array of benefits to help organizations collect more money, faster, and with less effort.
Key Strategies for Revenue Enhancement
There are four primary ways in which athenahealth supports revenue collection efforts. Firstly, their Billing Rules Engine, consisting of over 23,000 rules, assists in resolving 94% of claims on the first submission. This success rate is 25% higher than the industry average, showcasing the efficiency of athenahealth's technology. Secondly, the cloud-based nature of their platform, combined with dedicated experts, enables organizations to reach patients at scale, resulting in 69% higher Medicare Annual Wellness Visits than the industry average. Thirdly, by assigning back-office experts to handle administrative tasks, athenahealth saves providers an average of 10 hours of work per provider per week. Lastly, organizations can trade their EHR for improved ROI by leveraging athenahealth's solutions.
Customer Success Stories
Athenahealth's commitment to their clients' success is evident through transformative customer stories. By choosing athenahealth as a partner, organizations have witnessed significant improvements in their operations and financial outcomes. These success stories highlight the impact of athenahealth's tailored solutions and dedicated support in driving positive results across various healthcare settings.
Optimizing Practice Performance
For medical office management seeking to optimize their performance and enhance revenue streams, athenahealth provides valuable insights and best practices. Through their network, organizations can learn about key strategies to implement that can lead to improved efficiencies and increased profitability. By capitalizing on athenahealth's expertise and industry insights, medical practices can streamline their operations and achieve better financial outcomes.
Driving Stronger Collections with Technology
In a real-world case study, Caduceus, a New Jersey MSO, highlights the benefits of leveraging athenahealth's technology to drive stronger collections. By implementing athenahealth's solutions quickly and at scale, Caduceus was able to overcome challenges and achieve enhanced revenue generation. This case study exemplifies how the right technology, combined with a strategic MSO partnership, can lead to tangible improvements in financial performance for healthcare providers.