Infor Healthcare Revenue Cycle Management

The complexity of maintaining a healthy cash flow while coping with a constantly changing healthcare industry is daunting. You need to prepare today for the inevitable procession of changing regulations, updates to payer rules, evolving procedures, and increasing expectations, all in the face of shrinking resources.

Resolving the issues and fortifying your bottom line in the process comes down to how well you can strengthen your cash flow and patient billing system processes.

 

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What it is

Your revenue cycle management, laboratory billing, and patient billing systems are central to your financial performance, whether you're a multi-site hospital, reference laboratory, physician billing organization, or healthcare specialty provider.

Infor Healthcare Revenue Cycle Management is an electronic, flexible, rules-based and exception-based workflow engine for revenue cycle management and patient billing that can help you simplify billing and collections, gain greater control over your operational and financial processes, and see real savings in both time and money.

What it does

Infor Healthcare Revenue Cycle Management can help you:

  • Reduce billing errors, increase your revenue and improve cash flow.
  • Streamline your billing processes and maximize your collections.
  • Reduce denials using flexible billing rules to produce clean claims.
  • Manage complex payer contracts to ensure correct reimbursements.
  • Automatically process electronic remittances to speed up collections and reduce Gross Days Receivable Outstanding (GDRO).
  • Comply with regulatory billing and electronic transaction rules.

What it means

With advanced systems that automate the most intricate aspects of the billing and receivables process, you can stay ahead of today's healthcare reimbursement challenges by proactively managing your revenue cycle for maximum efficiency and profitability.

Strengthen your bottom line by enhancing your cash flow and patient billing processes with Infor Healthcare Revenue Cycle Management.

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The Institute for Transfusion Medicine (ITxM)

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Specialized by industry.
Engineered for speed.
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