Unleashing The Power of Centricity Business

Revenue cycle management, the lifeblood of financial performance, requires an unwavering commitment to excellence: excellence aided by superior technology and continuous process improvement. An in-depth analysis of top-performing revenue cycle organizations that deploy Centricity Business,a GE Healthcare revenue cycle management solution, reveals a repeatable success framework, one driven by a commitment to efficiency, automation, data and analytics, and the deployment of a technology platform with unmatched revenue cycle capability.

Despite operating in perhaps the most challenging time in health care’s history, due to heightened regulatory and reimbursement pressures, top performers in this study have driven desirable outcomes. A few outcomes of note include a ten-day improvement in accounts receivable from 39 days to 29 days, the ability to scale claims volume with only marginal increases in labor, and a three-fold increase in employee productivity. As change has seemingly become the only constant in health care, financial sustenance and the flexibility to grow are paramount. This analysis provides guidance and evidence of an approach to a sustainable financial future.