Revenue
Cycle Management
Revenue Cycle Management
Revenue Cycle is the financial process that healthcare facilities use to manage the administrative and clinical functions associated with claims processing, payment and revenue generation. The process encompasses the identification, management and the collection of patient service revenue. Now, more than ever, the financial strength of hospitals and health systems is imperative. A strong revenue cycle enables healthcare providers to deliver exceptional care to their patients and communities, and invest in new equipment, new facilities and expanded community health programs.
Revenue
Cycle Components
Front – Patient Access Services
Middle – Health Information Management
Back End – Patient Financial Services
Support Services
Revenue
Cycle Components
Front – Patient Access Services
Middle – Health Information Management
Back End – Patient Financial Services
Support Services
Increasing complexity of healthcare payment ecosystem.
Rising consumer expectations + patient responsibility
Evolving dynamics between payors + providers
Growing need for tools to efficiently manage + optimize RCM functions
The Solution –
Ensemble IQ (EIQ®)
Ensemble, fifthnote’s parent company, has developed Ensemble IQ (EIQ). EIQ is a cloud-based analytics-driven revenue cycle operating platform that enables a highly efficient and intelligent workflow automation to apply our extensive domain expertise, automation and advanced acritical intelligence to drive efficiency and yield.
