Healthcare Revenue Cycle Management

Boston WorkStation - A Healthcare Revenue Cycle Management Tool

Healthcare revenue cycle management is dependent on accurate information being in the right system at the right time. The reliance on manual data entry slows reimbursement and  resulting errors can hinder payment while increasing employee workload.

Boston WorkStation is workflow automation and integration technology that gives hospitals and healthcare vendors the ability to automate revenue cycle tasks resulting in more accurate billing and faster reimbursements.

Healthcare revenue cycles are being slowed down as organizations work with different vendors, insurance companies, government agencies and various third parties to register, verify, bill and collect revenues.  Healthcare organizations are also realizing how many tasks are subject to costly inaccuracies. 

Leading providers of healthcare revenue cycle solutions are partnering with Boston Software Systems including Accelerated Receivables Management (ARM), Kreg Information Systems, Medical Reimbursements of America (MRA) and Xtensia. They are using Boston WorkStation's full functionality and universal connectivity in each of their implementations.

Revenue Cycle Management Success Story

Revenue Cycle Management Applications

Healthcare Revenue Cycle Management for Omnium Processing
BWS has been implemented by Yuma Regional Medical Center to automate their Omnium Processing, which includes payments and account updates. This process was created in 40 hours and saves the hospital 25 hours per week.

Revenue Cycle Management for Claim Uploads
BWS has been implemented by the University of Maryland to upload claims into their billing system.  This process saves the University 10 hours of work per biller and was created in under three months.

Healthcare Revenue Cycle Management for Medicare Eligibility
BWS has been implemented by Trinity Saint Agnes Medical Center to take Medicare patients and check a government server for eligibility. The data records that are incorrect are flagged and reported out for user follow up. This process saves the hopsital 10 hours a week and provides significant cost savings.

Healthcare Revenue Cycle Management for Finance Reports
BWS has been implemented by St Joseph's Healthcare to import and parse finance reports for use in physician billings. This process took 2 week to create and saves the company 40 hours a month.

Revenue Cycle Management for Patient Accounts
BWS has been implemented by a hospital's business offices to automate the process of updating patient accounts. The process saves the hospital 100 hours a year.

Revenue Cycle Management for O.R. Billing Information
BWS has been implemented  by Salinas Valley Memorial Hospital to automate the transfer of O.R. billing information from PICIS MedSurg into Meditech BAR and log all transactions and dollar amounts. The process took two weeks to develop and has saved the company 3-4 hours a week.

Healthcare Revenue Cycle Management for Code Entry 
BWS has been implemented by Main Line Health to automate charge code entry for ED patients. The process took one month to develop, but has saved the company 5-7 hours of work each week.

Healthcare Revenue Cycle Management for Price Scripting
BWS has been implemented by Coffee Health group to process pricing. Every day the system will batch, post, and validate new entries. The process took 5 weeks to develop, but has saved the company 5,200 hours a year (roughly two employees) and has helped generate an additional $30,000 a month in revenue.

Healthcare Revenue Cycle Management for Payment Adjustments
BWS has been implemented by Carolinas HealthCare System to post payment adjustments into their hospital information system. The application helps Carolinas HealthCare save 6 hours a week.

Revenue Cycle Management for Managing Late Payments
BWS is used in a hospital's business office to add and delete late charges on accounts. The entire process saves 6 hours a week.

Revenue Cycle Management for Handling Health Claim Denials
BWS helps one hospital populate a voluminous table that handles their Health Claim Denials and tells the system what to do with each denial. This process saves the hospital several weeks worth of work.

Revenue Cycle Management for Updating the Proration Fee
BWS is used by a hospital's business office to automate and update the proration fee schedule. The process took 8 hours to program and has saved over 100 hours of work a month.