Run the State-of-the-Art Revenue Cycle You’ve Always Envisioned
Healthcare provider 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.
What sets R1 apart
As financial losses continue to soar in 2021, hospitals could lose $53-$122 billion, depending on key factors such as vaccine supply and consumer attitudes on visiting acute care facilities. Revenue cycle optimization strategies will help hospitals and health systems contain costs, grow revenue, and create a positive patient experience so they can achieve long-term success amid healthcare’s ongoing financial hardships.
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.
“Partnering with R1 aligns with our philosophy of letting those who are superbly skilled in key operational areas, such as revenue cycle management, do what they do best so we can do what we do best – which is provide excellent patient care.”
President & CEO
“R1 is changing the way the revenue cycle is managed by redefining its processes and then maximizing the use of intelligent automation. We believe this will help Intermountain and healthcare providers across the country improve their financial results and the patients’ experience.”
EVP, Chief Financial Officer
“I've been impressed with the focus R1 has on the patient and making it easy for the patient. Of course the financial impacts are important, but to me it’s about providing patients with a better environment so they want to come back to your facility. I think that the opportunity with R1 creates a better environment for the patient and we will be able to grow our volume and revenue and achieve a better outcome.”
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: