HEALTHCARE REVENUE CYCLE…maximizing efficacy of revenue management & controls
GCI, a global healthcare informatics technology provider is set to launch its latest version of Revenue Cycle Suite. GCI’s Revenue Cycle Suite provides comprehensive modular solutions to address each and every aspect of managing automation of policies, procedures, workflows, operations of healthcare revenue management
Comprehensive Automation
The healthcare revenue cycle is generally ordained with complex, mundane and equally challenging processes and procedures, all the traits of work environment that needs to be performed within an organized, controlled and above all automated. Only then can operational efficacy and optimal profitability be sustainable. Setting pricing mechanisms, managing patient care flows, ensuring comprehensive charges capture, clinical and administrative documentation, coding, provider payables, claims management, denials resolution and financial integration are some of an endless list of processes that can go awry and derail organizational focus if standards, controls and automation remain a lack.
All Encompassing Workflows
The suite, though not limited to, manages Payor Management, Patient Billing (Out and Inpatient), Eligibility Management & Authorization Workflows, Claims Scrubs, e-Claims, Receivables Management and Revenue Cycle Daily Business Intelligence.
Flexible Plug-ins
The suite is well-poised to work as a facility-based suite of applications and enabled with web extensions where appropriate; a flexible platform utilizing the day’s best breed of technology and tools. It fully supports bar-coding, RFID, smart cards, and other plug-ins that improves patient care/safety/outcomes and optimizing operational efficacy
In House Rules Engine & Related Development Framework
GCI Revenue Cycle solutions and technologies are built within and around sophisticated in-house Rules Engine and Application Configuration Tools that helps disciple/define/build complex rules and conditions and near-impossible business process flows with utmost ease and simplicity.
Integrity in Charging / Financial Sturdiness
The Business Office operations are highly automated with clear definition of policies, procedures and workflows definable with utmost detail within the system. This provides a highly credible charging environment leaving little, if any, ambiguity in the billing and claims processes. Clear standards will ensure improvement in net revenue, making rejections a rare event, reducing bad debts whilst accelerating collections. All encompassing single system environment eliminates duplication efforts, improving costs structure and contribute to higher levels of net income
Seamless Integration to GCI Healthcare Suite
The Revenue Cycle Suite is an integral part of the GCI’s Suite of Healthcare Informatics. This enables a seamlessly automated environment which integrates a Patient Management, Order Management, Inpatient Delivery System, Electronic Medical Records, Financials and Supply Chain. Needless effort of data duplication entry is avoided; be it extracting patient demographics or interfacing with Supply Chain to view stock availability enhances the efficiency and efficacy of the healthcare setting; positive patient outcome and enabling optimal operating environment
A number of live beta sites incorporating a mix of private/public facilities, differing sizes, deliverable scope and across global sites are expected to be operational with the new suite in time for the launch; expected during July 2011.
Visit http://dpcontrols.com.my/ for more information.