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CRANEWARE ONLINE TOOLKIT FULL
CRANEWARE ONLINE TOOLKIT SOFTWARE

Self-pay (evaluate processing of financial counseling and statement follow-up).Business office (evaluate the effectiveness of the claims follow-up process).Processing of third-party-eligibility applications.Demographic and insurance data capture, insurance verification, eligibility for benefits, ABN processing, coordination of benefits, and pre-authorized processes.Workflow assessment (improve scheduling, pre-admit and pre-registration).Emergency department (evaluate financial processes).Charge capture (evaluate effectiveness and lost charges).Charge description master (evaluate accuracy and optimization).Information management and coding (evaluate accuracy).

Patient access (evaluate processes and procedures).

JHC: How do you break down the concept of revenue cycle management?įidler: Amerinet and ACS have the ability to break down revenue cycle management into several components: Disjointed, redundant and inefficient information systems can result in uncollected patient payments and insurance reimbursements, aged accounts, bad debts, and massive write-offs. JHC: Why is revenue cycle management important to our readers at The Journal of Healthcare Contracting? How will this impact hospital CEOs/COOs and their hospital systems?įidler: Billing and collections for any healthcare organization is costly, fragmented and labor-intensive. Ross Fidler: Revenue cycle management encompasses every process and procedure related to the healthcare experience, from scheduling and patient access to information management, coding and billing, and account resolution and collection. The Journal of Healthcare Contracting: How do you define revenue cycle management for your IDN members? The following responses were provided by Ross Fidler, partner, ACS Healthcare Solutions.

CRANEWARE ONLINE TOOLKIT FULL

“Amerinet’s contract with Craneware enables healthcare providers to save on the full suite of chargemaster and revenue cycle software, and provides access to Amerinet specialists who can match suite components to their needs.” The result is increased revenue, which directly improves the operating margin and generates funds for investment in capital improvements or new programs.”

CRANEWARE ONLINE TOOLKIT SOFTWARE

“With Craneware software products, healthcare providers can manage the integrity of the chargemaster and ensure accurate coding and reimbursement. “The Amerinet Revenue Cycle Assessment, provided in partnership with ACS Healthcare Solutions, identifies opportunities to increase revenue by comparing the healthcare provider’s current business processes and performance with national benchmarks.” It enables healthcare providers to increase revenue and improve their operating margin without adding new service lines. (Orlando, Fla.), Amerinet’s revenue cycle program is an integral part of its total spend management suite of executive tools. (ACS) Healthcare Solutions (Dearborn, Mich.) and Craneware Inc. “Through strategic partnerships with Affiliated Computer Services, Inc. Amerinetīob Hardy, Amerinet’s senior director of corporate business development, provided the following comments on his GPO’s approach to revenue cycle management. Can GPOs help plug the revenue drain for their members?Įditor’s Note: The participation of those in the following articles does not constitute an endorsement of the sponsor’s products or services.