News Feed Item

RelayHealth Clears the Way for Revenue Cycle 2.0 at HFMA ANI 2014

As the healthcare industry’s financial management executives and solution providers gather in Las Vegas this week for the year’s seminal event, ANI: The 2014 HFMA National Institute, RelayHealth Financial initiates a new dialogue about today’s complex healthcare reimbursement environment.

“We can’t keep doing the same things over and over again, and expect different outcomes,” commented Dave Mason, senior vice president and general manager, RelayHealth Financial. “The healthcare market is much different than it was just a year ago – and presents new business challenges. Revenue Cycle 2.0 is about using RelayHealth data assets in new and innovative ways. It’s about advancing dialogues with patients and payers, enabling data-driven decisions, boosting staff efficiency and – most importantly – forging initiatives that help streamline and simplify reimbursement for years to come.”

At ANI this week, RelayHealth will showcase its expanded suite of end-to-end revenue cycle management solutions, with a focus on how those tools help solve some of the critical business issues faced by hospitals and health systems.

Product Updates Help Providers Capitalize on Data

Underscoring its commitment to driving intelligence into revenue cycle management using analytics, RelayHealth is introducing critical enhancements to its portfolio, including:

RelayAssurance™ 5.0 now leverages analysis of 2.3 billion financial transactions and connectivity with 1,900 payers to provide enhanced lifecycle visibility and predictive intelligence in the claims process. Early knowledge of claims headed for trouble and just-in-time workflow help providers to focus only on claims that need attention. These additions enable more efficient claims follow-up, support integrated denial management and foster greater provider-payer collaboration by saving time for all parties.

RelayClearance™ Authorization helps providers streamline authorization and medical necessity workflows. The result: fewer downstream denials, less rework, and greater staff productivity. It empowers healthcare providers to readily identify whether an authorization is required and has been secured. Manual touch-points, phone calls and faxes are significantly decreased, which helps eliminate costly delays and increase patient satisfaction.

RelayClearance™ QA helps improve registration accuracy by alerting registrars to errors in real time. Error reduction, in turn, helps reduce the probability of denials, and benefits all processes following registration. As a result, the quality and timeliness of claims can be improved, and cash flow and average A/R days can be optimized.

RelayAnalytics™ Acuity 5.0, the company’s business intelligence solution, now offers the first step in data integration across the revenue cycle. By merging RelayAssurance and RelayClearance data, Acuity 5.0 helps advance the utility of existing analytics, and unlocks siloed data that illustrates how front-end process improvements can drive back-end results. Providers gain actionable information to analyze revenue cycle trends, identify payment bottlenecks, and visibility into patient access processes impacting the claim cycle and cash flow.

To learn more about these new technologies at ANI, visit RelayHealth Financial in booth 827.

Voice of the Customer – Notable Speakers at ANI

RelayHealth Financial prides itself on working with leaders in healthcare to help optimize revenue cycle management and drive real business results. This year, two customers will share insights in conference sessions. On Tuesday, Andrew Molatare, director of Patient Financial Services for Sky Lakes Medical Center, will present, Maintaining Revenue Cycle Performance in Times of Rapid Growth - A Physician Practice Acquisition Case Study,” and Travis Mendenhall, senior systems analyst, Gwinnett Hospital System, will discuss, Best Practices for Simultaneously Increasing Patient Collections and Satisfaction.”

Relay Rocks the House All-Show Party

On Monday evening, from 7:00 PM to 10:00 PM, conference attendees are invited to spend the evening with friends and colleagues at The Rockhouse at the Venetian. “Rock the House with Relay” will feature food and beverages, a DJ, dancing, as well as games – including a mechanical bull.

To learn more about RelayHealth Financial at ANI, stop by booth 827 at ANI. Or to take the first step towards streamlining your revenue cycle management, contact a RelayHealth Solutions Advisor at 800-752-4143.

For more information on RelayHealth Financial solutions, visit our Web site at http://www.relayhealth.com/solutions/financial-solutions, learn from our experts at the RelayHealth blog, or follow us on Twitter at @RelayHealth.

For more information on McKesson Health Solutions, please visit our website, hear from our experts at MHSdialogue, and follow us on Twitter at @McKesson_MHS.

Related McKesson Health Solutions News

RelayHealth Financial Drives Just-in-Time Claims Intelligence to Streamline Processes and Accelerate Payment
RelayClearance Plus Takes Aim at Denials, Administrative Costs and Staff Productivity
RelayAnalytics Acuity Puts Revenue Cycle Data to Work

About RelayHealth Financial

Every day across America, more than 2,000 hospitals and health systems rely on RelayHealth to help them process over 5 million patient claims, worth over $1.1 trillion annually. Our broad array of revenue cycle management solutions use the power of the cloud and big data to help healthcare professionals make better financial decisions for their organizations and patients, right at the point of care. Nobody does more than RelayHealth to bring healthcare connections to life. For more information, visit http://www.relayhealth.com/solutions/financial-solutions.

About McKesson

McKesson Corporation, currently ranked 15th on the FORTUNE 500, is a healthcare services and information technology company dedicated to making the business of healthcare run better. McKesson partners with payers, hospitals, physician offices, pharmacies, pharmaceutical companies and others across the spectrum of care to build healthier organizations that deliver better care to patients in every setting. McKesson helps its customers improve their financial, operational, and clinical performance with solutions that include pharmaceutical and medical-surgical supply management, healthcare information technology, and business and clinical services. For more information, visit www.mckesson.com.

Tags: McKesson, McKesson Health Solutions, RelayHealth, Revenue Cycle, Revenue Cycle Management, Claims Management, Claims Processing, Analytics, HFMA, HFMA ANI

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
So you think you are a DevOps warrior, huh? Put your money (not really, it’s free) where your metrics are and prove it by taking The Ultimate DevOps Geek Quiz Challenge, sponsored by DevOps Summit. Battle through the set of tough questions created by industry thought leaders to earn your bragging rights and win some cool prizes.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
A completely new computing platform is on the horizon. They’re called Microservers by some, ARM Servers by others, and sometimes even ARM-based Servers. No matter what you call them, Microservers will have a huge impact on the data center and on server computing in general. Although few people are familiar with Microservers today, their impact will be felt very soon. This is a new category of computing platform that is available today and is predicted to have triple-digit growth rates for some ...
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU’s GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes.
November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Penta Security is a leading vendor for data security solutions, including its encryption solution, D’Amo. By using FPE technology, D’Amo allows for the implementation of encryption technology to sensitive data fields without modification to schema in the database environment. With businesses having their data become increasingly more complicated in their mission-critical applications (such as ERP, CRM, HRM), continued ...
SYS-CON Events announced today that Cloudbric, a leading website security provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Cloudbric is an elite full service website protection solution specifically designed for IT novices, entrepreneurs, and small and medium businesses. First launched in 2015, Cloudbric is based on the enterprise level Web Application Firewall by Penta Security Sys...
SYS-CON Events announced today that SoftNet Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. SoftNet Solutions specializes in Enterprise Solutions for Hadoop and Big Data. It offers customers the most open, robust, and value-conscious portfolio of solutions, services, and tools for the shortest route to success with Big Data. The unique differentiator is the ability to architect and ...
Most people haven’t heard the word, “gamification,” even though they probably, and perhaps unwittingly, participate in it every day. Gamification is “the process of adding games or game-like elements to something (as a task) so as to encourage participation.” Further, gamification is about bringing game mechanics – rules, constructs, processes, and methods – into the real world in an effort to engage people. In his session at @ThingsExpo, Robert Endo, owner and engagement manager of Intrepid D...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
WebRTC adoption has generated a wave of creative uses of communications and collaboration through websites, sales apps, customer care and business applications. As WebRTC has become more mainstream it has evolved to use cases beyond the original peer-to-peer case, which has led to a repeating requirement for interoperability with existing infrastructures. In his session at @ThingsExpo, Graham Holt, Executive Vice President of Daitan Group, will cover implementation examples that have enabled ea...
SYS-CON Events announced today that Enzu will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their online busine...
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?