Transforming Revenue Cycle Management through Data-driven Insights
How a billing services vendor produced cleaner claims and reduced errors with Availity Revenue Cycle Management.
How a billing services vendor produced cleaner claims and reduced errors with Availity Revenue Cycle Management.
A southeastern-based billing company with more than two decades of experience in healthcare coding and billing serving anesthesiology practices, urgent care centers, trauma centers, and workers’ compensation claims across 40 states.
Revenue cycle management (RCM) in healthcare is often characterized by manual and time-consuming processes that require constant attention. This complexity frequently leads to inefficiencies and claims errors, resulting in unnecessary costs, overburdened staff, and delayed payments. Leadership sought to overcome challenges and reimagine its revenue cycle through the creation of processes that were more responsive to data analysis and easily integrated within staff workflows. The organization experienced the common challenges associated with credentialing and electronic data interchange (EDI) enrollment. The biggest challenge – due to robust growth – was provider edits.
Billing services providers operate in high-volume environments where accuracy and efficiency are everything. Availity Revenue Cycle Management helps refine core workflows—from real-time eligibility to claims submission, remits, and denial management—on a single, integrated platform.
With tools designed to help improve claim accuracy and reduce denials, Availity enables teams to increase first-pass resolution rates and minimize rework to scale with confidence.
Exploring revenue cycle efficiency strategies and using principles of data science and analytics to identify trends, Availity aimed to produce cleaner claims and drive faster adjudication. A focus was placed on evidence-based, goal-driven strategies: integrating analytics and rigorous testing to inform decision-making.
One of the first steps was to uncover opportunities for improvement and identify key areas of the revenue cycle that were able to be automated. An investment in technology upgrades and reporting programs allowed the company to modernize its revenue cycle and streamline operations, reduce errors, and improve overall efficiency.
Availity Revenue Cycle Management (RCM) is a comprehensive platform that helps providers and billing services streamline every phase of the revenue cycle from patient eligibility and prior authorizations to claims submission, remittance processing, and denial management. Built on Availity’s trusted dual-sided network, the solution delivers direct, real-time connectivity with payers and integrates seamlessly into existing EHR and billing workflows. By automating manual tasks, improving data accuracy, and reducing administrative overhead, Availity RCM helps providers accelerate reimbursements, minimize denials, and improve cash flow—all while reducing friction between front- and back-office teams.
Availity RCM was implemented with a suite of services offering key capabilities, including Secondary Drop to Paper, Worker Comp Automatic Claims and Attachments, and Automobile claims. An auto-assignment rule also was created within Availity’s Edit Error Management feature, designed to identify and resolve claim errors before they reach the payer. Unlike traditional post-adjudication models, Availity applies intelligent edits upstream.By integrating these edits within the claim workflow, users are able to catch issues earlier and reduce costly rework.
Providers receive clear, actionable error messages directly within their existing workflows, enabling first-pass claim accuracy and significantly reducing denials, appeals, and administrative overhead. By integrating payer-specific and third-party edit content at scale, Availity’s Edit Error Management helps ensure cleaner claims, faster reimbursements, and a more efficient revenue cycle.
The streamlined workflows led to greater efficiencies, reduced errors and denial rates. The transformation efforts yielded significant improvements across several key performance indicators:
This shift to electronic submission led to faster adjudication time frame for payers with less time spent following up on outstanding claims.
While the annual claim count has more than tripled within three years, the organization—boosted by Availity’s solution—was able to decrease the overall error rate by two percentage points since 2021.
Attachment-related edits accounted for 12% of edits in December 2021. By utilizing automation from Availity, the same error dropped to 2% of total claim error volume in less than a year’s time, by November 2022. This decrease in errors and denials bolstered a 99% clean claim rate by late 2023. Overall, these outcomes underscore the impact of strategic investments in analytics and technology on the efficiency and effectiveness of RCM processes.