NexSys MD PI
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NexSys MD PI is a browser-based, secured
access, reporting application that provides
comprehensive business knowledge and insights into the
actual drivers of business performance for a medical
provider. Healthcare
enterprises of all sizes can focus on analytical models that can
help increase revenue, decrease administrative costs,
improve accuracy of A/R data to increase collections,
and reconcile payer reimbursements. NexSys MD PI uses
business intelligence tools to provide multi-dimensional
analysis models, ad-hoc reporting, key business performance
indicator management, and condition alerts of your
organization’s operational and financial data.
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NexSys MD PI
Key Benefits:
Increase Revenue
– Identify and collect on contractual underpayments within your
practice estimated between 3 to 7 percent of your current revenue
base.
Faster Payment
– Track every step in your reimbursement process starting with
setting up the initial visit to billing the payer for your services.
This will identify bottlenecks to getting paid. Lower A/R by as much
as 20 Days.
Negotiate Better Contracts with
Payers – Compare contract
information by payers and within specific payer contracts to
negotiate higher rates or eliminate unfavorable contracts that are
producing an inadequate return.
Improve Office Staff Productivity
– lower staff times spent on collecting receivables and filing
appeals, automate reporting, lower the cost of negotiating and
monitoring contracts.
Increase Appointment Utilization
– Return cancelled or unused appointments by as much as 10 percent.
Compare appointment loading across all performing resources within
your organization.
Adds Value to Aging Transactional
Systems – Delay or eliminate
the need to replace office practice management systems by obtaining
automated reporting and analysis for every aspect within your
operations.
Reduce Patient Turnover
– Track your patients and communicate with them proactively.
Identify your clients by disease states, making sure they are coming
in for necessary and frequently visits.
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