Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

BayCare Health System Embraces Better B****** Efficiency and Accuracy with Oracle Health’s RevElate

BayCare Health System, a 16-hospital system serving West Central Florida, is using Oracle Health’s RevElate at Mease Countryside Hospital, a 387-bed facility. With RevElate Patient Accounting, BayCare can reduce repetitive and time-consuming manual data entry by automating multiple steps in the b****** cycle. This helps them lower cost-to-collect and create a better experience for patients and staff.

RevElate, which is currently live at BayCare’s initial facility, brings together a unified view of clinical and financial information to give customers better visibility into patient activity and accounts. The system tracks payments from patients and health insurance payers to drive more accurate b****** by helping users understand expected reimbursements and remaining balances. BayCare plans to further deploy RevElate across its entire network this year.

Latest Insights: Why Only AI and Data Analytics Can Stop Financial Criminals

“BayCare is always striving to efficiently manage our enterprise revenue cycle process, and we appreciate Oracle Health’s commitment to revenue cycle efficiency with RevElate,” said Lynda Gorken, vice president for patient financial services, BayCare Health System. “By building on the strength of Soarian Financials, which worked well for us, RevElate is enabling us to bring clinical and financial information together, supporting our mission of delivering a quality patient experience at every step, from intake to final b******.”

BayCare is ranked among the nation’s top 20% of large health systems and is the leading non-profit health provider in West Central Florida. For more than 30 years, BayCare has relied on Oracle Health technology including lab, pharmacy, electronic health record, and RevElate solutions to create efficiencies in their business and better serve patients.

Related Posts
1 of 40,612

Creating a More Intelligent B****** Process
RevElate is built on industry-tested workflows to simplify and automate patient accounting which helps lower costs, reduces administrative tasks and creates a more efficient and accurate b****** process. Customers using RevElate may benefit from:

  • Process automation that reduces manual data entry and redundant tasks
  • Accurate classification of all new charges as they post. The solution constantly evaluates charges against contract terms to automatically calculate net reimbursements prior to b******
  • B****** workflows connected to clinical patient data so payers have access to the information they need to process claims and reimburse providers
  • Reports that serve as a “single source of truth” based on automatically reconciled data between the EHR and RevElate
  • A modern, open architecture that allows multiple parties to securely share and act on information in near real-time
  • A single, unified data layer that is EHR-agnostic to simplify network expansion and data interoperability
  • Cloud-based integration application programming interfaces that create more flexibility for healthcare systems and developers

Hot AI News: Stagwell’s First Free Generative AI Writing Tool, Taylor to Debut at SXSW 2023

“RevElate is helping advance patient accounting, streamlining cumbersome processes for b****** staff and using the clinical data to provide less confusing and more straightforward b****** for patients,” said Brenna Quinn, senior vice president of product, Oracle Health. “Client insights, including those from BayCare, have been critical to creating and evolving the product as we seek to help our customers drive better results and improve financial strength, especially when they are under tremendous pressure to be, and remain, profitable.”

AiThority: The 3 Building Blocks to Make AI Accessible

[To share your insights with us, please write to sghosh@martechseries.com]

Comments are closed.