Throughout the revenue cycle it is important to maintain a profitable and efficient organization. Each step works together to ensure that your patients or residents have a positive experience and you receive reimbursement from a multitude of payers without delay. While there are many options to consider, ABILITY® has applications to streamline the process. This allows multiple departments who interact with each phase of the revenue cycle to work together in a cohesive manner.
Our interactive RCM tool will help you to identify the right ABILITY applications to help you address the challenges facing your organization. No matter what step in the revenue management cycle needs to be streamlined and made more efficient, ABILITY has a product to meet your needs.
Click on an area to learn what products are right for you.
Creating a painless front end process for patients is an important step in the process for a healthy and effective revenue cycle. Collecting accurate information and simplifying the eligibility verification and point-of-service collection processes are a solid start to a smooth and painless process throughout the revenue management cycle.Click on a section within the wheel to learn which ABILITY applications can help with:
Collect information at time of appointment or pre-registration with:
Easily organize information from patients as they sign in for their appointments or are admitted to receive care with:
Submit insurance inquiries and validate coverage via several ABILITY® applications:
Handle pre-payments and copays with ease using:
As a patient or resident receives care, there are several steps necessary to ensure that the billing cycle remains efficient and accurate. From managing staff to ensuring accurate clinical documentation and supporting quality improvement initiatives, ABILITY® provides several options for healthcare organizations.Click on a section within the wheel to learn which ABILITY applications can help with:
Review clinical documentation, currently available for OASIS and MDS, for accuracy and consistency prior to submission through:
Document clinical assessments and follow the process of care with ABILITY® applications:
Ensure proper staff scheduling at provider level using:
In order to maintain a profitable organization, having a solid handle on the billing and collections process is crucial. Claims must be submitted in a timely and accurate manner to reduce rejections and shorten the time to receive compensation from payers.Click on a section within the wheel to learn which ABILITY applications can help with:
Submit claims and have them checked for errors via automated claims validation and scrubbing with:
Check the status of claims, submit corrections and updates and receive payer correspondence notifying you of claims that require follow-up via:
Simplify payer correspondence with one place to receive all-payer messages. Stay on top of denial messages, claim and remittance advice status updates within one application.
Handle denials and resolve issues when a payer rejects a claim with:
Applying payments and reconciling balances is easy when staff can receive electronic RAs from payers through:
Handle patient payments online, create payment plans and track all forms of patient payment in one place with:
In order to maintain an efficient and profitable organization, it is important to understand and analyze information. Maintaining accurate reports and records is also imperative for certain compliance scenarios.Click on a section within the wheel to learn which ABILITY applications can help with:
View reports and analytics to prepare benchmarks to gain visibility into your organization’s clinical and financial health with:
View the status of claims on an individual or multi-payer level to better understand accounts receivable using:
Need more intensive analytics information? Find advanced denial management features, check trends of in-office claim errors, and learn how you compare with your peers with: