Optimize Your Contract Revenue Cycle. Healthcare providers are losing millions of dollars every year because of administrative oversights or inefficiencies in their processes for managing relationships with payer organizations. Typically, hospitals negotiate and set contractual terms with the expectation of receiving proper reimbursement; however, after the contract is signed, most organizations are unable to effectively monitor and control contract performance throughout the lifecycle.

ClearContracts™, from Concuity®, is a solution that combines Web-based technology with expert services to optimize reimbursement while demonstrating an immediate return on your investment. ClearContracts empowers you to monitor the entire contract revenue cycle, from proposal and negotiations, all the way through collections. It disseminates up-to-the-minute information across functions and departments, thereby ensuring that everyone involved in the revenue cycle has a thorough understanding of contractual terms, conditions, and deadlines. Executives using ClearContracts can measure contractual performance, track variance trends and collection success, and identify sources of revenue leakage.

ClearContracts  goes beyond calculation engines, allowing you to create and negotiate the best contracts, streamline contract interpretation and compliance, and collect what’s rightfully owed from payer relationships. More focused attention on the contract revenue cycle allows you, the healthcare provider, to identify underpayments and denials and go after the lost revenue. The result: money that previously “fell through the cracks” lands, as it should, on your bottom line. Through specialized contracting and collection workflow technology, enterprise performance visibility, and integrated best practices, healthcare providers using ClearContracts have experienced $2 to $4 million increases in annual revenue.

COLLATERAL (PARTNER)/WHITE PAPERS (PARTNERS) :

• Providence 06.pdf

LEARN MORE :    http://www.concuity.com

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