Centricity Solutions for Financial Management

Healthcare financial management solutions that help organizations optimize their revenue cycle operations, implement risk-based payment models, and better connect with their payers.

The solutions on this page are now offered by Virence Health and are no longer available from GE Healthcare. Please read about the solutions here and then take a moment to visit virencehealth.com to learn more or contact us.

A transformational moment in healthcare financial management

A successful journey from volume-based care to value-based care begins with a foundation of enterprise revenue cycle management. Preparing your organization and implementing key capabilities and processes is a must for your organization to be strategically positioned to navigate this challenging transition.

Centricity™ Solutions for Financial Management is a powerful combination of software, professional services and ecosystem partners that work together to help healthcare organizations optimize their revenue cycle operations, implement risk-based payment models, and better connect with payers.

GE Healthcare's Centricity Solutions for Financial Management is uniquely positioned to address the core principles of enterprise revenue cycle mandatory for all models of value-based care:

• Ambulatory & Hospital Revenue Cycle Management
• Alternative Payment Model Management
• Financial Management Analytics
• Payer Connectivity Services
• Optimization Services

Explore software solutions by market:

IDNs & Hospitals
Large Practices
Mid-sized Practices
Billing Services Providers

Explore software solutions by product:

Revenue Cycle Management
Centricity Business
Centricity Practice Solution
Centricity Group Management

Alternative Payment Model Solutions
Centricity Financial Risk Manager

Payer Connectivity Solutions
Centricity EDI Services
Centricity Payer Connect

Centricity Solutions for Financial Management are uniquely positioned to help you succeed in value-based care by:

• Achieving greater visiblity and customer service by delivering an enterprise-wide approach to revenue cycle operations across all care settings
• Eradicating waste in your financial processes by automating much of the work and focusing only on the tasks that require intervention
• Optimizing the mix of risk-based models that are right for your organization
• Integrating data from payers, electronic health records, and more to create streamlined, informed workflows that maximize productivity

By implementing an exception-based, enterprise-wide revenue cycle approach that is capable of managing all reimbursement models while creating a single patient financial record, you are driving outcomes that fuel your journey. The result is lower cost of operations, higher revenue yield and a more satisfied and engaged patient population. GE Healthcare's mission is to help optimize your financial outcomes every day.

Let's engage and get to work.

Explore solutions by market

Not all healthcare providers are alike. That's why GE Healthcare has a variety of solutions designed to meet the needs of different types of organizations.

Hospitals & Health Systems
Large Practices
Mid-sized Practices
Billing Services Providers

Explore solutions by product

Centricity Business
Centricity Group Management
Centricity Practice Solution - Practice Management
Centricity Financial Risk Manager
Centricity EDI Services
Centricity Payer Connect

For healthcare organizations engaged in risk-based contracts spanning from shared savings to global capitation, GE Healthcare offers proven, highly scalable and provider-focused technology solutions that streamline management of administrative costs, utilization, and coordinated care of patient populations.

Turn risk into opportunity with Centricity Solutions for Financial Management

Centricity Financial Risk Manager

Explore software solutions by market:

Not all healthcare providers are alike. That's why GE Healthcare has a variety of solutions designed to meet the needs of different types of organizations.

Hospitals & Health Systems
Large Practices
Mid-sized Practices
Billing Services Providers

Today's U.S. healthcare financial leaders operate within a dynamic, volatile marketplace, and face a myriad of challenges, including managing dozens of payer contracts, optimizing patient revenue collections, and negotiating new risk-based payment contracts. As the line between payers and providers increasingly blurs, Centricity Solutions for Financial Management offers comprehensive IT solutions that help healthcare CFOs improve profitability across their care delivery network.

Whether you are a provider looking to reduce the cost to collect and increase staff productivity through improved payer connectivity, or a payer exploring new ways to gain better insight into the care that you are paying for, GE Healthcare can help.

Centricity EDI Services

Centricity EDI Services combines a proven all-payer, practice management agnostic clearinghouse with advanced analytics and proactive services to help physician practices, billing services and IDNs accelerate their revenue cycle, reduce the cost to collect, and increase staff productivity.

The solution enables scheduling-to-payment workflow that electronically connects with virtually any payer, while fully integrating eligibility, claim, and remittance data in your workflow.

Centricity Payer Connect

Centricity Payer Connect is a new collaboration platform to enable payers and providers to work together in the new value-based payment world. With this new solution, payers gain better insight into the care that they are paying for, and providers can demonstrate their adherence to payer protocols while closing care gaps for high risk patients. As a result, higher quality care is delivered at a lower cost, eliminating friction in the healthcare payment process.

WATCH

Centricity Business - Combined Business Office Demo

Centricity Business - Enterprise Task Manager Demo

Centricity EDI Services Demo

LEARN

WHITE PAPERS
How Enterprise Financial Management Helps Providers Minimize Risk in Value-Based Care

Maximizing Point of Service Collections: Improve Health System Financial Performance

Automated Revenue Cycle Management: Improving financial performance in uncertain times

Creating Financial Resiliency

The Need to Embrace Profit Cycle Management in Healthcare

Interoperability: The Case for Considering Best-of-Breed Revenue Cycle Management Systems

Healthcare By Any Other Name - eHealth Whitepaper on IT needs for ACOs

Sage Growth Partners Whitepaper: Unleashing the Power of Centricity Business

WEBINARS
ACO Journey to Help Improve Population Health

Health Reform's Impact on Your Hospital's Financial Future

Turning Insight Into Action: Analytics & Effective Denials Management

Revenue Cycle Performance: Successful Approaches to Reform Webinar featuring Sage Growth Partners

DISCOVER

BROCHURES
Centricity Solutions for Financial Management

Centricity Business Hospital & Health Systems Solutions

Centricity Business Large Practice Solutions
Centricity Solutions Financial Management for Business Process Outsourcing

DenialsIQ

CASE STUDIES
Virginia Commonwealth University Medical Center

Schumacher Group

HealthCare Partners

Stony Brook

University Physician, Inc. (UPI)

Centricity™ Services

Amid industry upheaval, healthcare organizations are under greater pressure than ever to be productive. Only by getting the most out of every tool can you deliver the care patients need with the efficiency the market demands.

Centricity Services are designed to connect productivity with care by increasing usability, enhancing performance, and optimizing a solutions' return on investment.

For more information on services, contact us.

Calibrate Consulting Services

Calibrate Consulting Services is a new service offering that leverages GE Healthcare's proven approach to workflow optimization. Co-developed with Accenture, Calibrate delivers a consistent approach to revenue cycle implementation and management. This method uses industry-leading (HFMA, HIMSS, MGMA) key performance indicators (KPIs) throughout the organization to help customers achieve repeatable, dependable outcomes.