Revenue capture with analytics at Hendrick

CHICAGO: USA: Hendrick Medical Center of Abilene, Texas selected the MethodCare's Charge Integrity Solution to improve accuracies and efficiencies around charge capture using advanced data analytics.

Hendrick joins a growing number of hospitals nationwide that are adopting MethodCare's customized data analytics solutions and smart workflow to optimize the revenue cycle, as per the announcement.

MethodCare's Charge Integrity Solution is claimed to use proven predictive analytics technology to proactively prevent charge capture leakage, resolve process inefficiencies, improve coding compliance, and ensure the complete integrity of all inpatient and outpatient accounts in one easy-to-use solution.

"We chose MethodCare's proven predictive analytics because the technology can greatly expand our opportunity for revenue capture by delivering the intelligence to target high-value accounts, identify charging anomalies and make proactive improvements," said Michael Reppart, Director of Business Services, Hendrick Medical Center. "The Solution also seamlessly integrates with and builds upon our existing technology upgrades without requiring any additional resources."

MethodCare's data analytics solution analyzes every element on an account and provides the advanced workflow to pinpoint and fix breakdowns from misinterpretation of an operative report, identification of a missed charge, detection of a bundling issue, and missed diagnosis that results in lower reimbursement, as added.

Hendrick Medical Center serves 22 counties in the Texas Midwest. The healthcare system includes a 300-bed medical center as well as a women's center, rehabilitation hospital, cancer center and numerous other innovative services. Hendrick Medical Center is one of only three organizations worldwide to be honored with the 2012 Gallup Great Workplace Award for seven years in a row.