Creating Rev-Cycle Champions with Systems Tools & Culture

At Currance we’ve been working with Rev-Cycle teams for 20 years and we know how difficult this job is. Often Rev-Cycle teams that are underperforming are in need of tools that provide operational insights that drive continuous and sustained performance improvements. Rev-Cycle teams know these opportunities exist but are often looking to vendors for the tools and methodologies to uncover conversion of earned revenue to cash.  All too often healthcare executive teams churn vendors and services contracts without improving performance in a meaningful way. 

Based on our extensive experience as operators, Currance developed a systems approach to managing Rev-Cycle performance that combines tools, identification of automation use cases, continuous process improvement driven by analytics, and a laser focus on yield. This approach empowers revenue cycle teams to up-level from tasks to managing “SYSTEMS”.  

The Currance Rev-Cycle System is a comprehensive approach that surfaces, prioritizes, and rectifies the root causes of inefficiency and underperformance in revenue cycle operations, accelerating cash in the door, improving predictability and resource utilization, reducing costs and inefficiency, and optimizing the workforce itself.  

Currance clients are empowered to achieve and sustain a 2-6% boost in earned revenue, average 7-15% reduction in AR days, 10-25% reduction in cost to collect, and within the first year, an average of $9 million in recurring earned revenue.   

To find out more about the Currance Rev-Cycle System, email us at sales@currance.com. 

 

Discover Currance Flex Workforce Solutions

 

In this video we provide an overview of how Currance can empower or augment your rev-cycle teams with Flex Workforce Solutions. Currance teams focus on optimal efficiency and flexibility while increasing Revenue Cycle performance with a highly trained and certified virtual workforce.  

What Currance offers 

Currance provides a virtual workforce, comprised of specialized FTEs, that can provide project-based support, flex to support internal teams during high volume periods, or outsource the revenue cycle end-to-end. All managed services sit on top of the core Currance Analytics and Workflow tools, leveraging data sourced from the client’s systems. These services are designed to be transformational and are ideal for clients struggling with bandwidth, resources, and performance.

Bridge The Gap With Flexible Staffing

Regardless of how you manage your Revenue Cycle, we create the best fit for your virtual staffing needs based on:

  • Short term need
  • Performance
  • Budget

Seamlessly Scale Up & Down

Flexibility to use as a stand-alone workforce, extension to existing teams, or to jointly operate. Change scope without re-negotiating with:

  • On Demand Workforce
  • Joint Management
  • Predictive Resourcing

Discover the Difference 

Currance Flex Workforce Solutions leverage our investment in tools and methodologies that establish a “next best action” culture to achieve peak rev-cycle performance. With Currance Analytics and Workflow tools Rev-Cycle teams perform next-level root cause analysis and can even train customers to adopt the approach for internal Rev-Cycle teams. 

Learn how you can harness our virtual rev-cycle experts to optimize, augment, or grow your team. Visit Currance.com or email sales@currance.com to arrange a next-step conversation. 

From Insight to Action: Next Level Rev-Cycle Analytics

In this video, learn how Currance drives increased Revenue Cycle performance for healthcare providers with a new approach to analytics, root cause analysis and problem management. Currance Analytics allows our customers to filter accounts quickly for problem solving in near real time.  By integrating seamlessly with Currance Workflow, Rev-Cycle teams have a backbone of a data-driven tools to manage processes and continuous improvement as opposed to managing to exceptions.  

What’s different about Currance?  

Integrate Revenue Cycle Operational Data to Create a Next Best Action Culture. 

Today Revenue Cycle teams are experienced and mature at running reports and analyzing data inputs for financial performance. Currance tools integrate operational data adding to mature analytics tools and practices so that operators can problem solve and more importantly BUILD A DATA-DRIVEN INSIGHTS TO NEXT BEST ACTION CULTURE

By using data to uncover process improvements, Revenue Cycle teams can focus on next level work. 

Currance Analytics & Currance Workflow convert insights into ACTION for RevCycle teams and identify opportunities for Intelligent Automation and AI for:  

  • Operational Efficiency  
  • Improving team performance  
  • And, talent retention  

Currance Analytics and Workflow tools are built with patented technology to look at Revenue Cycle data differently. By building reports from the account level up to an aggregated view Rev-Cycle reports and workflows that leverage the Currance algorithm are more precise, filtering out noise that can mask opportunities to convert every possible dollar of earned revenue to cash  

Bring Next Best Action to Revenue Cycle Operators and real-time analytics and problem management built for Rev-Cycle Teams. Visit Currance.com or email us at mailto:sales@currance.comto schedule a demo.