Healthcare Analytics

Healthcare Analytics

Revenue Cycle Management Services Industry requires aligning cost of services to insurance collections outcome. To do that successfully, hospitals / third-part service providers / physician practices will need new levels of business intelligence tools to identify and correct immediate business issues and to predict and mitigate future impacts to revenue streams.

Also See other essentials from the links below.
Revenue Cycle Management
Healthcare IT Solutions

Healthcare Analytics

Revenue Optimization:

ELITICS (Elico Healthcare Services – Analytics tool) provide the necessary data points and knowledge needed to assist our clients to intelligently manage their day-to-day operations, efficiently manage their communication protocols and more importantly to achieve consistent / predictable collection numbers. Our solutions ensures a comprehensive and relevant summary of key metrics designed to improve administrative, operational and financial performance. Its capabilities enhance the insight across the organization – from insurance calling agents to the executives – to more effectively manage their collection trends, determine actionable insights and analyze data in a more meaningful way. We believe our tool will assist the end users to manage their respective functional areas of the business more effectively.

Our services may enable our clients to achieve the below, but not only limited to:

  • Reduce Practice Management System (PMS) related dependencies: Our platform independent reporting solutions, will assist our clients in getting their day to day reports in a more efficient way. This will also assist our clients to focus more on statistical interpretations rather than data orchestration.
  • Predict Collection Trends: Our RCM-analytics solutions will assist our clients in predicting weekly, monthly, quarterly and yearly collections. System / Metrics driven approach will assist our clients in unlocking their collection challenges and clearly reduces the challenges of your in-house BI team.
  • Statistical Inferences: Our inferences may enable the top level executives to identify trends, provide better directions to their team members and ultimately helps them to optimize reimbursements.

Please talk to one of our BI team member to develop a customized RCM – Analytics services.