Healthcare Revenue Management

Revenue Cycle Management and Patient Billing System
The complexity of maintaining a healthy cash flow while coping with a constantly changing healthcare industry is daunting. You need to prepare today for the inevitable procession of changing regulations, updates to payor rules, evolving procedures, and increasing expectations, all in the face of shrinking resources.

Your revenue cycle management, laboratory billing and patient billing system are central to your financial performance, whether you’re a multi-site hospital, reference laboratory, physician billing organization or healthcare specialty provider.

Lawson Healthcare Revenue Management is an electronic, flexible, rules-based and exception-based workflow engine for revenue cycle management and patient billing. The solution can help you:

  • Reduce billing errors, increase your revenue and improve cash flow
  • Streamline your billing processes and maximize your collections
  • Reduce denials using flexible billing rules to produce clean claims
  • Manage complex payer contracts to ensure correct reimbursements
  • Automatically process electronic remittance to speed up collections and reduce Gross Days Receivable Outstanding (GDRO)
  • Comply with regulatory billing and electronic transaction rules

With advanced systems that automate the most intricate aspects of the billing and receivables process, you can stay ahead of today’s healthcare reimbursement challenges by proactively managing your revenue cycle for maximum efficiency and profitability.

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