FinThrive Revenue management vs R1 Business Office Solutions

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Imagine healthcare revenue management without limits. Revenue management done right is a transformative force in healthcare. It can move your organization from playing catch-up to building a future resilient to change. FinThrive offers hospitals and health systems smarter, smoother revenue management. Our technology converts data into powerful action, decisions, and predictions with AI, machine learning and analytics—freeing the teams you trust to focus on making a difference.

About FinThrive:

We believe revenue management technology will drive the future of healthcare

Product Description:

R1 Business Office Solutions can help providers with the entire billing function or to specifically recoup revenue that may otherwise be lost by focusing skilled resources in lower priority areas with significant revenue potential. Skilled team members fulfill these functions and are guided with data-driven performance management to ensure continued effectiveness and to identify areas of ongoing process improvement. Our integrated, enabling technology platform can help reduce vendors and increase transparency into business office functions. Services include accounts receivables management such as denials, low balances, A/R workdown, denials management, self-pay collections and more.

About R1 RCM:

R1 RCM is a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers. R1’s proven and scalable operating models seamlessly complement a healthcare organization’s infrastructure, quickly driving sustainable improvements to net patient revenue and cash flows while reducing operating costs and enhancing the patient experience. To learn more visit: r1rcm.com.  

Compatibility level

Select which hospital or health system you work at and see a personalized compatibility level.

Clients

Select which hospital or health system you work at and see the client list

Use Cases

Description:

Pricing management and defensibility
Charge consistency and compliance
Decision-making through improved data visibility
Automation of redundant manual processes
Improve the number of variances, thanks to an intuitive user interface
Improve workflow due to integration with patient accounting systems

Pediatric use cases:

None provided

Users:

Patients, Providers, Payers, Administrators

Description:

None provided

Pediatric use cases:

None provided

Users:

None provided

EHR Integrations

Integrations:

Acute care EMR, Ambulatory EMR, Access +/or revenue cycle

EMR Integration & Relevant Hardware:

Recommended, but not required

EMRs Supported:

Epic, Cerner, Allscripts

Hardware Compatibility:

Desktop, Mobile / Tablet (web optimized)

Integrations:

None provided

EMR Integration & Relevant Hardware:

None provided

EMRs Supported:

None provided

Hardware Compatibility:

None provided

Client Types

None provided

Academic Medical Centers

Accountable Care Organizations

Rural Hospitals

Large Medical Facilities

Medium Medical Facilities

Awards

Differentiators

Differentiators vs EHR Functionality:

We deliver highly scalable patient finance solutions that power accurate contract pricing, reduce denials and minimize claim rejections. FinThrive Patient Finance Solutions work with most PAS and EMR systems and exceed federal and state price transparency requirements.

Differentiators vs Competitors:

Our claims management solution delivers a 98.7% payer claims acceptance rate and produces claims that result in full reimbursement, integrates with patient accounting systems and provides visibility across the revenue cycle. We’re the only revenue management partner with embedded edits within Epic, Cerner, and Allscripts patient accounting systems.

Differentiators vs EHR Functionality:

None provided

Differentiators vs Competitors:

None provided

Keywords

revenue cycle management,billing,patient financial engagement,patient financial experience,patient financing

Images

No images provided

Videos

No videos provided

Downloads

FinThrive_EXEC_Revenue Management Automation Guide.pdf

No content provided

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Company Details

By FinThrive

Founded in 2003

By R1 RCM

Founded in 2003

Visit Website

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