Revenue Cycle for Mid-sized Practices
Master the Rising Challenges in the Revenue Cycle.
Software that helps master the rising challenges of the revenue cycle
The business of healthcare is being pushed to its limits. Margins keep shrinking. Revenues are flattening. Payment models are transforming. All at a time when patients are seeking greater transparency and a more personalized experience.
For physician groups, the complex challenges of revenue cycle management threaten to distract from the main mission of patient care. If your organization manages the revenue cycle in-house, you need a system that makes the process as simple and efficient as possible.
Explore the Centricity Solutions for Financial Management software solution portfolio:
Revenue Cycle Management
Centricity Practice Solution
Centricity Group Management
Alternative Payment Model Solutions
Centricity Financial Risk Manager
Payer Connectivity Solutions
Centricity EDI Services
Centricity Payer Connect
Centricity Group Management
Centricity Group Management
Built on decades of continuous improvement in healthcare information systems, Centricity Group Management is a proven practice management solution that automates today’s increasingly complicated processes involving patient access, patient
scheduling, medical billing, collections and business reporting – making your job easier, so you can focus more on what matters most - your patients.
Helping your practice focus on care
Centricity Group Management enables you to streamline workflow, reduce A/R days and maximize profitability. Addressing these key factors puts your organization in a position to grow, while staying competitive in an ever-evolving market.
Turn to Centricity Group Management to help you:
- Adapt to value-based reimbursement
- Increase control over your revenue cycle by reducing A/R days and cost to collect
- Reduce denials and improve cash trends
- Respond to High Deductible Health Plans by increasing patient payments
Strengthening patient engagement
Great revenue cycle performance begins at the first patient encounter. Streamlined patient scheduling and check-in processes help enable a smooth experience and increase the likelihood of payment. With Centricity Group Management, you can leverage the power of integrated EDI to facilitate scheduling and front-desk encounters, automating eligibility verification and setting payment expectations with the patient from the start.
Supporting successful risk-based arrangements
An accurate and efficient operation is essential to managing increasingly common risk-based models. Centricity Group Management provides the necessary tools to help reduce A/R days, improve cash collections and reduce costs of collections. The solution offers easy-to-use functionality, including referral management and advanced point-of-service collections to create an efficient workflow for administrative staff. Sophisticated insurance coordination, physician billing, open item billing, anesthesia billing, and automated or manual remittance posting options are among many capabilities that help ensure accuracy and efficiency.
Boosting financial performance
With the cost of rework continuing to drag down financial performance, a smooth claims lifecycle solution is key to lowering your cost to collect. Centricity Group Management’s integrated EDI enables scheduling-to-payment workflow that electronically connects with virtually any payer, while fully integrating eligibility, claim and remittance data right into your revenue cycle workflow.
Sophisticated tools help detect payer issues and anticipate problems, saving staff time and effort, while a unique portfolio of comparative analytics and reports provides executives with deep insight into the health of the practice.
Sharpening operational insights
To operate successfully in today’s complex healthcare environment, you need access to financial and quality data critical to increasing productivity and quality of care. With Centricity Group Management, your team can quickly see and drill into performance data and make adjustments or take corrective action within everyday operations. Centricity Group Management helps you to build informed business strategies, optimize financial performance, and comply with regulatory and payer requirements.
Trusted by practices across the country
For over four decades, sophisticated physician practices have chosen Centricity Group Management with confidence. As our clients have grown, the system has grown with them, constantly incorporating customer feedback to meet emerging needs. Used by hundreds of leading healthcare providers, Centricity Group Management can help organizations to improve margins by lowering A/R days, meet emerging industry needs with a highly flexible architecture, and enhance patient care by seamlessly interoperating with any EMR.
Maximizing Point of Service Collections: Improve Health System Financial Performance
Creating Financial Resiliency
The Need to Embrace Profit Cycle Management in Healthcare
Automated Revenue Cycle Management: Improving financial performance in uncertain times
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: Unleashing the Power of Centricity Business
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.
Designed to connect productivity with care by increasing usability, enhancing performance, and optimizing a solutions' return on investment.
Increases employee and IT system productivity with Workflow Consulting, Regulatory Consulting, Technical Consulting, or Productivity Assessment.
Drives understanding and increases adoption by leaders and staff through Master Trainer Education and/or End User Education services.
Delivers high adoption right from the start with Software Implementation, Upgrade Implementation, or Data Migration services.
Reduces unplanned downtime, promotes resilience, and enhances usability throughout your IT systems lifecycle with Software Maintenance and Dedicated Support services.
Visit the Healthcare IT Service Portal
Diminishes disruptions, responds to required changes, and optimizes productivity through Application Customization, Interface Customization, Report Customization, or Custom Integration services.
Reduces uncertainty and long-term expenses while staying focused on your organization's patient care mission through Asset Management, Remote Monitoring, or Business Continuity services.
For more information on services, contact us.
Industry Knowledge Center
Healthcare is a fast-changing domain. GE Healthcare can help you stay on top of the trends that will shape the industry for years to come. Visit our Industry Knowledge Center to learn about these trends.
Customer Reference Program
GE Healthcare IT Reference Program
Collaborate with us to promote thought leadership and help similar organizations make informed business decisions. We are dedicated to supporting our customers in their goal to improve patient care and advance the healthcare industry. By participating in the GE Healthcare IT Reference Program, you will have the opportunity to showcase your innovative use of technology to a larger audience of peers, practitioners, patients and the greater healthcare industry.