Question: Do you know of a tool that helps healthcare providers manage denials and improve cash flow?

If you're looking for a tool to manage denials and improve cash flow in healthcare, Availity offers a comprehensive solution. Their provider engagement platform includes robust revenue cycle management features with automated solutions for pre-service, post-service, and post-adjudication phases. This can help streamline your denial management process and improve overall cash flow through tools like denial prevention and management.

Another option worth considering is Athelas. This platform automates various healthcare operations using AI, including real-time insights for revenue cycle management. It also features automated denial appeals and referral letters, which can significantly reduce the time and effort spent on these tasks. Additionally, Athelas provides same-day claims submissions and live reconciliation, ensuring transparency into your medical billing processes.

For a focus on coding and billing accuracy, Medicodio might be the right fit. This AI-based solution automates medical coding and billing, offering intelligent code suggestions and expert medical coder verification. It claims to improve coding accuracy and reduce denial claims, which can lead to a significant boost in revenue for healthcare providers.

Lastly, Billtrust provides an AI-powered accounts receivable platform that simplifies and unifies the order-to-cash process. It features automated credit approval, invoicing, and cash application, among others, which can help streamline your accounts receivable process and accelerate cash flow. This platform is designed to reduce manual work and improve customer satisfaction, making it a valuable tool for healthcare providers looking to optimize their financial operations.