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Predictive Analytics Solutions for Denials Prediction and Revenue Risk Mitigation
Huntingdon Valley, PA (PRWEB) August 14, 2014
Alpha Systems, a leading and trusted provider of healthcare data and document management solutions to major hospitals and integrated delivery networks (IDNs), today announced a new division, Alphalytics.
According to Brett Griffith, president of the Alphalytics Division, Alphalytics pinpoints denials-driven revenue risk and predicts future revenue leakage thereby enabling revenue cycle executives with timely visibility into the root causes of denials to prevent them from occurring and to recover lost revenue. Unlike other revenue cycle denial management software applications that are based solely on historic business intelligence, Alphalytics uses advanced predictive analytics to rapidly and automatically uncover hidden revenue risks that otherwise go undiscovered.
Leading Alphalytics product strategy is Dan Williams, Director of Revenue Cycle Analytics. With over 17 years in financial management leadership positions at several prominent healthcare systems, Mr. Williams is an HFMA Certified Healthcare Financial Professional and currently serves as co-chair for the Philadelphia HFMA Revenue Cycle committee.
According to Williams, Alphalytics is built to respond to the growing underpayment epidemic. Alphalytics tools and payer benchmarking capabilities will help revenue cycle management and their teams and to level the playing field with payers and thereby improve the financial health of their institutions.
For more information about Alphalytics web-based denials avoidance SaaS solution visit http://www.alpha-sys.com/predictive-analytics/alphalytics or call 800-732-9644.
About Alpha Systems
Alpha Systems has served the healthcare community for nearly 40 years with a goal to proactively improve hospitals financial outcomes by using technology to maximize ROI. Driven by lowering denials and improving revenue cycle operations for its clients, Alpha Systems puts actionable information in the hands of revenue cycle teams by providing data capture, automation and predictive analytics solutions. For more information, visit http://www.alpha-sys.com or call 800-732-9644.
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