Revenue Cycle Management Automation

Human error is the leading cause of medical claim denials. Manual processes cause these to be more prevalent, and they’re time-consuming. With revenue cycle management automation tools, you can eliminate these mistakes and achieve efficiency at scale.

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RCM Automation Expertise

$20B+

In Charges

30+

Years of Experience

$2.7B+

In Payments

100M+

Claims Processed Annually

Revenue Cycle Management Automation: Improve Processes, Reduce Costs

Freeing Up Resources for Higher-Level Work

Revenue cycle management automation tools alleviate pressures on your internal team. With these digital assistants working in your system, your team can focus their efforts on more strategic work regarding your financial performance and growth.

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Revenue Cycle Management Automation: Improve Processes, Reduce Costs

RPA Digital Bots Take Over Repetitive Tasks By infusing robotic process automation (RPA) into your technology platform, digital bots can handle rules-based tasks that don’t need human intervention. The result is fewer human errors and greater productivity. Our team implements bots that can do these activities:

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Scripting

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Website navigation

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HotKey shortcuts

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Logins

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Salesforce claims uploads

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Claim information searches

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Record downloads and searches

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Spreadsheet creation

The Future of RCM Involves Smart Automation

How Our RCM Automation Works

The solution runs claims through an algorithm to group denials and organizes them in order of importance. The tool sifts through each denial and attaches a predictive value and probability of acquiring payment.

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Know What Claims Will Provide the Highest Payments

Based on the algorithm, we take that information and resubmit claims in order from highest to lowest probability of payment. The automation engine also sorts each claim by payer to understand which ones consistently issue denials. We take this to determine root causes and minimize future denials.

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Key Benefits of RCM Automation

Improve the speed of denial turnarounds.Collect revenue faster.Address errors at the source and prevent them from trickling down.Gain better visibility into the cause of denials.Put the most effort into claims that have the best probability of reimbursement.

Automation Supports Our Distinct Approach to RCM

The Coronis Way

Unique in every way, The Coronis Way redefines the RCM experience. Improve profitability, convert more A/R to cash, and work more efficiently. Our experts work as part of your organization and culture. With this customized set of services, you gain transparency, robust reporting, and data-driven intelligence.

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