VisiQuate, Inc., the industry’s leading provider of advanced analytics, intelligent workflows, results-driven services and AI-powered automation offerings to America’s most respected healthcare providers, announced today new availability for its Payer Action Center cohorts.
VisiQuate’s Payer Action Center solution proactively identifies areas of payer misconduct and provides a comprehensive command center for managing hospital and healthcare system payer relationships. Users are able to identify, track and escalate complaints that were incorrectly – or never – handled.
As part of the expansion, VisiQuate customers will now be able to exchange knowledge with each other, enabling industry-first real-time collaboration on healthcare revenue cycle issues. Several of the nation’s leading healthcare organizations have already begun participating in the first Payer Action Center cohorts of this revolutionary platform, allowing them to easily and effectively leverage the discoveries of others.
These small initial cohorts realized millions of dollars in yield improvement within weeks after taking advantage of VisiQuate’s new Payer Action Center, with a large Epic customer in the northeast located near $3 million in unpaid claims that had not been identified in their source system’s work queues (aka “Black Hole accounts”), in the first week alone only.
Brian Roberson, CEO of VisiQuate, said the company prides itself on enabling healthcare organizations to gain more control over their relationships with payers. “We believe that sharing revenue cycle insights within the community will drive high returns for healthcare organizations.”
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VisiQuate’s Payer Action Center uses insights from decades of healthcare revenue cycle experience and curated information about VisiQuate’s customer base to provide users with momentum on industry challenges in real time. , with the ability to immediately see how the organization is impacted. With the new solution, discussions with payers are much more productive than before. Users have instant access to comprehensive, comprehensive lists of misjudged accounts, which a hospital or healthcare system can quickly use to identify and use to prove their case.
“We are thrilled that our customers are seeing immediate and tangible benefits,” said Jacob Wilkinson, Product Manager, VisiQuate. “These first victories are just the tip of the iceberg. With the Payer Action Center available to more hospitals, we expect to see a positive ripple effect in our collaborative community.
If a provider wants to join their peers in a Payer Action Center cohort and finally get the reimbursement they are owed, visit www.visiquate.com/pac-cohort for more information.
VisiQuate will preview this revolutionary tool on VisiQuate booth #615 at the HFMA annual conference in denver next week.