AxiomEHR empowers integrated healthcare organizations to address their unique financial challenges ensuring streamlined revenue cycle management and maximized profitability.
The True Cost of Poor Revenue Cycle Management in Healthcare
Inefficient revenue cycle management (RCM) in medical billing leads to substantial financial losses, with denied claims and costly rework processes. These inefficiencies strain health care organizations’ resources while impacting financial stability and operational effectiveness.
18%
of all claims are denied.
$31.50
per claim for rework and resubmission (in a single event.)
$68,000
Cost per physician per year in time spent interacting with payors.
Enhance Financial Health with AxiomEHR’s Intuitive Healthcare RCM Services
Efficient Claim Processing
AxiomEHR’s advanced algorithms ensure accurate and timely claim submissions, reducing denials and delays.
How AxiomEHR Optimizes Healthcare Revenue Cycle Management
Automated Billing Cycles
Streamline your billing process with automated cycles, reducing manual effort and errors.
Real-Time Analytics
Make informed decisions with real-time financial analytics and reporting capabilities.
Denial Management
Effectively manage and reduce claim denials with AxiomEHR’s proactive denial management tools.
AI Optimization and Revenue Insights
Reduce errors within the revenue cycle and leverage the power of AI for actionable data insights.
Compliance Tracking
Stay compliant with evolving health care regulations with AxiomEHR’s continuous compliance tracking.
Customizable Reporting
Tailor reports to meet specific organizational needs with AxiomEHR’s customizable reporting features.
What Effective Healthcare Revenue Cycle Management Looks Like
Explore the challenges and inefficiencies in healthcare RCM, the costly impact of relying on outdated systems, and the benefits of using Axiom’s automated Revenue Cycle Management technology for seamless claim processing and improved financial health.