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Our Solutions: Why Outsource?

Healthcare today means consolidation, integration, risk reduction, and increased efficiency. Healthcare organizations are overwhelmed with the driving need to do more in less time and with fewer resources. As a result, key business initiatives do not reach optimal performance or complete implementation.

Clinical programs require ongoing reductions in operating costs. Rising labor costs, technology upgrades, lower levels of reimbursement, and rising physicians’ expectations push healthcare managers to seek new methods to streamline processes and reduce overhead operating expenses.
 

Consolidation + Integration + Risk Reduction + Increased Efficiency

Result - driving need to do more in less time with fewer resources
Impact - key business initiatives do not reach optimal performance or complete implementation

Solution - ESI

Inadequate patient financial systems are batch-driven and not well suited for the dynamic and complex environment of the healthcare revenue cycle. While having on-line data collection capabilities, these systems rely extensively on time-consuming manual activities to support key business processes; utilization of paper, batch, or “on-line” activity management reports; and individuals’ experience and knowledge of payor-specific payment rules.

Revenue management experts and leading healthcare providers need a better solution. Industry analysis points to the need for a comprehensive solution and a knowledge-enabled revenue management processing environment that:


Benefits:

  • Removes the existing barriers between the front and back offices by integrating the revenue cycle processes across the enterprise
  • Enables an organization to monitor and react immediately to the complexity of contractual policies, procedures, and guidelines
  • Provides an integrated framework to prevent denials, as well as challenge them,
  • Streamline processes
  • Reduce operating costs

ESI offers dynamic insourcing, oversight, and partial to full outsourcing options to assist healthcare organizations address their revenue cycle needs; all with minimal disruption of staff and limited IT resource time requirements.

 

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