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Concuity, Inc. to Help New Jersey Hospitals Improve Their Revenue Cycle

Concuity's Web-based Contract Management system, ClearContracts™, is a comprehensive application that helps hospitals ensure accurate payments under today's complex reimbursement contract terms. With ClearContracts™ you get a powerful, intelligent software solution that goes deep into your data, identifying and validating hidden revenue leaks, helping you recover dollars faster and improving cash flow.

ClearContracts™ distinguishing features and benefits:

• Denial management centralized solution to normalize payer denial codes, assign workflows to streamline the recovery process and automate rules for an effective prevention program
• Calculation system to quickly identify a claim variance and validate payer non-compliance
• Unique intelligence to screen and prevent reoccurrence of identified revenue leaks
• Reporting options that identify/quantify trends by payer, denials, rates
• Increased Recovery of lost revenue through automated recovery workflow and management
• Documentation system to coordinate and streamline all contract agreements and related information
• Modeling system to help you reach more profitable contractual decisions by quickly testing scenarios and determine the value of specific contract terms

Client testimonials underscore the power of ClearContracts™ ability to assure total revenue improvement and demonstration of a true ROI within a relatively short period of time.

"In less than four months, $1.37 million of underpayments had been appealed and $1.24 million of that actually collected. I have every reason to believe that we can increase revenues by $3-6 million annually using Concuity's solution."
Mike Butler
Chief Financial Officer
Providence Health System

To read more of this case study as well as case studies from University of Utah Hospitals and Clinics, Stanford Hospitals and Clinics, and Riverside Medical Center, click here.

For more information, please contact Jennifer Lynch, Concuity Inc. regional director, at 215-862-5796, or visit www.concuity.com.

Concuity, Inc. Press Release

For information about the NJHA Strategic Partner Program please contact Guy Evans, vice president of business development at 609-936-2204, or Jo Ann Morgano, director of marketing, at 609-936-2199 or email startegicpartner@njha.com.