Centralized, optimized billing operations drive improved cash flow and billing efficiency. FinanceWyse provides all-inclusive billing, claims processing, remittance, and collections capabilities.
Since FinanceWyse is fully integrated into the EMR, there is never a need to reconcile separate financial and clinical reporting: data flows seamlessly across the system from intake through final billing.
The ROI is significant and can take just a matter of months: VNA of the Midlands saw a +$600,000 swing in operating income just 12 months after implementing HealthWyse.
- Proactive alerts for expiring authorizations
- Pending verifications automatically fed from referral/intake
- Ability to manage authorizations by hour, visit, shift, decrementing dollar & overlapping authorizations
- Pending verification list is automatically fed from referrals and intakes
- Batch re-verification of active Medicare/Medicaid patients
- Support for split billing by service, carrier or time frame
Billing & invoicing:
- Supports billing for all payer types, facilitates cash flow via daily, weekly, monthly & episodic billing
- E-billing for Medicare/Medicaid and flat file transfer for commercial claims
- Agency-defined, rules-based claim audits hold claims until clinical or insurance requirements are met
- Support for room & board charges
HealthWyse is approved by these Medicare MACs 5010 vendors: