Hospitals and health systems are inundated with challenges that can impede financial performance – rising care costs, alternative payment models, growth through consolidation, consumerism and the desire for a better patient experience.
R1 helps you navigate these challenges with a turnkey, end-to-end revenue cycle management solution fueled by intelligent automation and proven practices spanning all settings of care
With R1, you’ll have the revenue cycle you’ve always envisioned – one that fosters higher patient satisfaction, reduces costs and improves revenue.
As the US healthcare industry evolves, growing consumerism and operational complexity across the healthcare industry are placing enormous strain on hospitals and health systems, forcing them to transform their revenue cycle operations. Read this research report to learn what initiatives revenue cycle executives have prioritized over the next 12-16 months.
Accelerate payments and provide the consumer self-service experience patients want.
Set patient payment expectations and guide financial advocacy.
Offer options such as online bill pay, automated payment plans and omni-channel customer service.
Achieve speed, accuracy and appropriate payment.
Ensure full reimbursement and proactively address chronic errors to stop denials before they happen..
Foster coordinated, proactive care via reminders for wellness visits and preventative appointments.
Reduce cost to collect, speed payment and allow staff to focus on strategic and patient-facing tasks.
achievement in Net Promoter Scores
reduction in front- end denials
cost savings in patient access areas
yield improvement in patient collections
increase in net revenue
to realize cash flow gains
successful revenue integrity programs deployed
clinical denial recovery rates
success rate in payer
reduction in DNFB
more coding capability
funding secured for uninsured patients each year
increase in insurance payments collected
conversion rate of self-pay referrals to Medicaid funding
President & CEO
EVP, Chief Financial Officer
SVP, Operations Finance
Continuous performance improvement requires visibility into enterprise-wide data, ongoing vigilance and accountability to act on the findings. R1's performance management capabilities deliver continuing alignment and adherence to agreed-upon results by leveraging: