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Improve and Automate YourRevenue Cycle Management
GeBBS’ cloud-based accounts receivable automation and workflow solution, iAR integrates with your existing billing system, optimizes workflow management, and provides detailed metrics and reports.
Did You Know?
Healthcare organizations lose up to 10% of profits due to incorrect billing and denials management.
GeBBS’ iAR accounts receivable solutions can help you recover those profits by accelerating and automating collection activity, showing you payer trends, resolving inventory, and monitoring liquidation/resolution ratios across facilities and payer groups.
100%
Collections vs Plans (MOM)
65%
Collectible insurance
20%
Reduction in AR days
5%
Average overbilling & underbilling identified
How iAccounts Receivable
Empowers Our Solutions
- Claims Billing
GeBBS’ iAR analytics engine helps capture claim rejection trends. Our customizable dashboard can auto generate RCA reports and provide actionable solutions for unbilled and hold claims.
Impact
Benefits
- Robust remittance review to track underpayments
- Rejection RCA reports with recommendations to avoid future rejections
- Analytics to help identify trends for claim rejection
Performance
90%+
Clean claim ratio
4%
Drop in direct to bill days
80%+
Claims resolved within 90 days
Our proprietary iAR workflow tool seamlessly integrates denials management solutions uses an automated decision making algorithm thereby driving direct to action resolutions for advanced denial reporting and integrated denial-driven worklists. Our iAR solutions are efficient at addressing coding, payer, provider, and patient-related denials.
Impact
- Revenue Cycle Management
Benefits
- Resolution reports to monitor weekly resolutions
- Collection reports mapped to check payments of denials
- CARC and RARC analysis performed for frequently denied claims
- Customizable reports to monitor aged AR nearing TFL/AFL timelines
Performance
60-65%+
Collectible insurance
100%
Denials addressed within 7 days
85%+
Accounts resolved in 90 days from date of placement
GeBBS’ iAR payment posting dashboard helps you stay on top of your cash applications by highlighting payment variances and enabling timely and accurate payment posting. Our iAR-powered solutions provide you with consolidated and customizable reports in real-time, actionable data, and process change suggestions that can increase your collections ratio.
Benefits
- Effective processing of ERA kick-outs
- Daily reconciliation of bank deposits and payment logs
- Implementation of a customized payment posting dashboard to track posting status with turn around time
Performance
20%+
Increase in collections vs prior month on month revenue average baseline
<10%
Cash in bank
100%
Collections vs plan (month on month)
GeBBS’ AI and ML-driven solutions analyze customer data and chart “best time to call” and “propensity to pay” scores for patients. These data are used to intelligently design non-obtrusive, patient-oriented outbound campaigns that result in higher patient connect ratios.
Impact
Benefits
- Technology-enabled practices that maximize patient contact
- Mobile technology to drive text messaging campaigns
- Access to multiple payment modes such as web, phone, credit card, and e-checks
Performance
100%
Collections vs plan (month on month)
20%
Increase in collections
<5%
Client assistance
GeBBS’ sophisticated and highly specialized AR workflow solutions ensure accurate account resolution and timely collection. Our AR dashboards use iAR to help you receive consolidated and customizable reports in real-time to accelerate cash collections, resolve inventory, and monitor liquidation/resolution ratios across facilities and payer groups.
Impact
Benefits
- Deployment of proprietary workflows for cash acceleration strategy
- Detailed dashboard with specific KPI metrics for CFOs, supervisors, and collectors
- Robust solutions for system wind-down and legacy AR
- Sophisticated exception management tool
Performance
90%+
Reduction of aged AR (>90 days)
30%
Collections achieved for total outstanding
20%+
Reduction in AR days
Opportunities
to Make an Impact by iAR Are Endless
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