Using Big Data to Improve Access to Care
Article
A leading U.S. pediatric hospital faced a denial rate higher than the industry average. Their leadership knew that seeing trends and analyzing historical data would allow them to track and prioritize denial prevention efforts. The true challenge was finding and implementing the right infrastructure to interpret the data in their Epic patient billing and payment system.
Tegria’s Epic revenue cycle optimization and data analytics experts were engaged for a two-part project:
In-depth interviews with patient financial services managers helped Tegria understand the hospital’s present state and build requirements for data analytics. Tegria experts then used a deep understanding of Epic and denials management to extract and present key performance data on denials and write-offs.
The organization was looking for an alternative to out-of-the-box Epic denials reporting that would provide multi-level intelligence on historical denials, open denials, root cause, and ultimately net revenue loss tied to denials. Tegria’s data analytics experts focused on two essentials to deliver useful denials information:
With a sharp focus on return on investment, Tegria used expertise in Epic, denials management, and data analytics to enable the organization to begin realizing improvements within a few short months. Key results included:
Let's Talk