Revenue cycle Automations
Our Revenue Cycle Automations offer the unique ability to address one or many areas of RCM susceptibility. Solutions to create or identify Patient Eligibility, Cost Estimates, Patient Card-on-file, Prior Authorization, Superbills, Underpayments, and Patient Statements can be automated to optimize revenue and compliance outcomes.
Automations that Drives Revenue and Reduce Headaches
Our suite of Revenue Cycle Automations offer the unique ability to address one or many areas of your RCM challenges.
Verifying patient eligibility is a critical step in ensuring accurate and timely revenue outcomes. By confirming a patient's eligibility prior to providing services, healthcare organizations can avoid costly claim denials and reduce the risk of non-payment. Adonis automates the time-consuming process of verifying a patient's insurance coverage and benefits to ensure that the services being provided are covered under the patient's plan
Obtaining prior authorizations is one of the most time- and resource-intensive processes within revenue cycle management. Automate prior authorizations to improve patient access to care, reduce downstream claim denials, and minimize FTE resources and spend on manual, repetitive tasks.
Cost Estimates allow your organization to confidently comply with price transparency rules and empower patients to make informed decisions about their care. Improve patient satisfaction and trust, mitigate the risk of non-payment, and drive financial success by proactively delivering cost estimates to patients.
Reduce administrative costs and ensure timely and accurate payment by securely storing patients' credit card information on file. Streamline the billing and collections processes by automatically charging copayments, deductibles, and outstanding balances both during and after a patient’s visit.
Automate the creation of Super Bills detailing the services and procedures provided to a patient during a visit, including the patient's demographic and insurance information. With Adonis’ Super Bills, your organization can streamline the billing process, ensuring that you capture all billable services and collect on the revenue you deserve.
Minimize the risk of underpayments and ensure accurate and timely payment for services rendered. Adonis helps your organization mitigate the risk of claim underpayments by monitoring submitted and remitted claims, flagging the ones that have a high likelihood of underpayment, and handling appeals on your behalf.
Ensure timely patient payments and ease administrative burden by automating the creation of patient statements. Improve the patient financial experience by providing simplified and clear descriptions of how much insurance paid and how much the patient owes, eliminating any confusion related to outstanding balances.
Adonis was a great thing for us. We're Healthcare entrepreneurs and yes of course that has to involve billing and coding which you can't discuss without mentioning the word complexity because this is a very complex space and one thing we decided early on was we needed a strategic and tactical partner in this space. We chose Adonis for lots of reasons, but what Adonis mostly allows us to do is to go out and focus at what we're best at, which is really innovating our care model recruiting clinicians and figuring out this value-based thread the needle challenge we've got. I think the technology is unique and is allowing us to automate all that we don't know.
Moreover, they demonstrated a significant level of speciality-specific expertise that was forged by their experience with other large dermatology groups. We’re thrilled to be partnered with Adonis who, unlike other solution providers, is willing to meet us where we are on our RCM journey and scale to a holistic platform approach over time.
I learned a lot from Adonis, so a lot of it's kind of knowing what you don't know and I think prior we would have a specific billing problem and thought we only needed a biller…what I learned is that billing is so different from revenue cycle management. We had no clarity into what was actually happening and it was really important to me to have insight into what's actually happening- what do the numbers actually tell us. Finance is a story and it's how do we put numbers and tell a story of where you were where you are where you're going. We love the fact that we're able to partner with Adonis because we can ask for hey like what are the metrics that we really want or need to see to help us with our next phase of our growth. This is a truly scalable partnership.
I think there are a lot of immense opportunities on the clinical operation side and the restrictive operation side where we can bring these things. It's probably a combination of AI and automation, often called Intelligent Automation, that will bring the change.
We need to be able to recognize and respond quickly and appropriately to the issues surrounding each mechanism of the denials by the insurers and the only way to accomplish this timely is in conjunction with a smart, automated platform. We are excited to work with Adonis who is tailoring a platform to our specialty specific needs.