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Print This Page | Close Window Revenue Cycle ManagementBoston WorkStation - Improving Revenue Cycle ManagementRevenue cycle management in hospitals has become a necessity in hospitals as costs soar. Accelerating the cycle to speed third party and direct payments is dependent on accurate information being in the right system at the right time. The reliance on manual data entry at numerous points slows reimbursement and the resulting errors 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. Customers are using Boston WorkStation in a variety of financial processes including 270/271, 276/277, 278 and 835, posting batch or real time transactions from payers, collection agencies, etc., to automatically post notes from collection agencies to patient accounts and to automatically post self pay accounts into their HIS. Leading providers of 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. Download a Client's Hospital Revenue Cycle Management Success Story.
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Download this article about the effect of automated registration on the revenue cycle. |