You have plotted your course...
but are you measuring your position...
is it automated and easy?
With mounting pressure on healthcare providers' margins, the importance of fine tuning revenue cycle performance has never been greater. This is why MedWorth developed A/Rchitect.
A/Rchitect was designed by our healthcare technology experts to work across multiple Health Information Systems (HIS) utilizing existing industry standard data feeds from your EDI platform ( 837/835 format data ).
A/Rchitect can be implemented quickly because it takes advantage of web based Software-as-a-Service technology. Within two weeks, executives and business managers will be able to utilize A/Rchitect's outputs to highlight areas for process improvement.
If you and your staff are spending countless hours manually gathering data from multiple different health information systems (HIS) to create consolidated reports for Executive Dashboards, Revenue Cycle Analysis, Key Performance Indicator (KPI) Benchmarking, Department or Physician Level Productivity or ICD9 Analysis by Payer, then the MedWorth A/Rchitect solution can help.
A/Rchitect Key Features:
* Cost Effective
* Implements Quickly
* Utilizes (EDI) Inputs
* Executive Dashboards
* Detail Reports
* Strategic Insight
* Advanced Analytics
MedWorth's A/Rchitect family of products was developed to provide our clients with strategic insight for their healthcare finance. Our clients use these products to measure, analyze and improve their revenue cycle performance.
A/Rchitect® Analytics module provides unprecedented visibility across your entire operation, whether that is a single mid-sized hospital or a hundred facility nationwide system. Prior to A/Rchitect, multi-year, million dollar Business Intelligence (BI) projects were required to pull data from multiple Health Information Systems (HIS). A/Rchitect is based upon industry-standard Electronic Data Interchange (EDI) transactions and can be implemented and providing BI in a matter of days.
A/Rchitect is customizable to provide real-time Key Performance Indicators (KPI) to specific end users - from Executive Dashboards to operational claims details for the end user. A/Rchitect reports can be viewed online from any web based PC via the interactive dashboard screens, pushed via email for review and action, or exported to Excel/PDF for meetings.
MedWorth and SSI Group are EDI experts with over 20 years of experience at processing electronic claims and remittance transactions. A/Rchitect is the tool created using this expertise to help our clients redefine how they analyze their revenue cycle and operations. Users quickly discover ability to measure and track payer performance across a wide variety of metrics such as reimbursement rates, denial rates, take-backs, and average days-to-pay or physician revenue cycle metrics. If the data exists on the claim, we can track, analyze using industry standard KPIs, and report.
A/Rchitect Claims Management
The A/Rchitect® Claims Management module is designed to provide an in-depth view for all of your payer claims transactions. It is more than a simple denial management tool in that the user has the ability to focus not just on Denied Claims, but on any type of claim status, including Partial Denials and Billed Claims, as well as Paid claims. Based upon industry standard EDI transactions, the A/Rchitect® Claims Management module is wholly customizable to meet the specific needs of the organization whether a single hospital up through a nationwide system and can be set up in a number of weeks. Claims Management offers a wide variety of user-fit views, ranging from a day-to-day workflow view to high level administrator views - and everything in between.
A/Rchitect FS - Financial Services
MedWorth's A/Rchitect FS was developed to provide healthcare capital companies and healthcare providers with greater insight into the provider's financed Accounts Receivables (A/R). Financial firms provide lengthy and expensive due diligence on each healthcare financing opportunity.
MedWorth/SSI Group has an alliance with healthcare capital service companies to leverage our extensive claims and remittance expertise thereby providing quality control and automation to the financial transaction. When a healthcare capital services company uses SSI's clearinghouse, they gain visibility into the batching and repayment of outstanding claims through MedWorth's A/Rchitect FS application.
A/Rchitect FS monitors client performance and can identify abrupt changes to metrics such as denial rates, take-back rates, claim and payment volumes, etc. To facilitate full capture of payments for outstanding receivables, MedWorth-controlled lockboxes are established and maintained as a conduit between payer and healthcare provider. Daily reconciliation occurs and all proceeds in excess of the funded amount by financing company are returned to the healthcare provider.
Contact us today to learn how A/Rchitect can help your staff get the Business Intelligence (BI) you need to navigate the business of Healthcare.