Supercharge your Epic system.
You’re looking to capitalize on your Epic investment while ensuring you can efficiently and correctly financially clear growing patient volumes. Tightly integrating patient financial clearance directly into Epic workflows turns your health information system into a significant revenue generator.
Smart financial clearance at your fingertips
The phase “we just can’t hire enough staff,” no longer applies when you leverage RevSmart™ automation to do work that has traditionally been manual. RevSmart leverages Best in KLAS patient access content from Recondo directly into your Epic system via RTA, RTE and HL7. Take advantage of our content without your staff having to login to a separate revenue cycle application — saving you time, driving increased productivity and yield, not to mention improving staff satisfaction. Driving automated and actionable financial clearance data into Epic ensures more patients are financially cleared pre-service and allows your staff to engage in meaningful conversations about a patient’s out-of-pocket responsibility.
The stats below outline some of the outcomes being achieved by one of our large IDN customers.
75% workflow automated.
Eligibility verification, authorization submission and verification, and notice of admission automated.
118 FTEs reallocated.
Pre-access automation workflow improvements equivalent to 118 FTEs equating to 90,000 monthly accounts.
50% gain in days out.
Pre-registration and authorization days out improvement from 1-2 days to 10 days out after automating authorizations.
$7.6M FTE cost savings.
$7.6M benefit in reduced FTE expense through automation of revenue cycle workflow.
POS collections up 95%.
Point of service collections improved by 95.83% after automating estimates and payment capture.
$15M net revenue.
Automated charge capture audit of all accounts resulting in over $15M added net revenue.
RevSmart™ leverages the Best in KLAS patient access suite from Recondo directly into your Epic system via RTA, RTE and HL7.
Beyond yes/no eligibility, we couple payer electronic eligibility with enriched benefit data from the payer’s website. The result is meaningful insights and identification of denial risk, found coverage, and incorrect plan selection.
For organizations utilizing Epic’s native estimation capabilities, we can deliver enriched eligibility and benefit resolution logic, eliminating the need for the creation of thousands of complex data pull rules.
Leveraging Epic’s support for the use of EDI 278, you can now solve for the full spectrum of authorization and medical necessity management. We’ve built more than 950,000 unique authorization rules — eliminating management of rules.
With more than a decade of experience automating patient estimates, our accurate patient out-of-pocket expectations can be integrated directly into Epic along with a branded patient estimate letter.
Recondo has partnered with HealthPay24 to bring the best-of-breed estimation and payment capture solutions directly into Epic, increasing your point-of-service payment collections.
Ensures data integrity pre-service by validating patient identity and demographic data, reducing one of the leading causes for denials by correcting demographic and technical errors during registration.
Gaining insights into a patient’s propensity to pay and likelihood of qualifying for payment assistance is critical to keeping patient bad debt from rising and is also a key driver of patient satisfaction.