EHR System Conversion Revenue Leakage Insurance
You Have Heard the Stories
Changing EHR vendors is not only expensive and disruptive, but leads to revenue leakage. We find the size of the problem equals the average margin for most hospitals: 1% to 3.5% of net patient revenue in the first year following your conversion.
4x ROI Guarantee
While there are no traditional insurance products to cover these unexpected transition costs, we have developed the next best thing: the Sixth Sense Intelligence 4x ROI Guarantee.
We Find Revenue Leakage in Your Healthcare Operation, Guaranteed
We find revenue leakage in every single EHR conversion we encounter.
- Where charge leakage occurs during conversion
- Solutions to prevent charge leakage
- Why outsourcing this service is cost-effective
The SMaRT Analytics Revenue Leakage Dashboard includes multiple linked interactive charts to call your attention to daily charging variances from a baseline by day of the week, department, patient type, and stat name.
In addition, linked charts tell you why revenue is up or down over a comparative period by breaking down the variance between price and volume.
EHR Conversion Revenue Leakage
When you undergo an EHR conversion or outsource your billing, how do you ensure you are now billing for all work your clinical departments perform?
Our first objective when founding Sixth Sense Intelligence was to make it easy to solve this problem.
The size of this problem equals the average margin for most hospitals!
Revenue leakage accounts for 1% to 3.5% of net patient revenue in the first year following your EHR conversion.
[DOWNLOAD] Revenue Leakage White Paper
A typical hospital has 20,000 or more charge codes. During an EHR conversion, this translates to 20,000 potential points of failure on dozens of data attributes.
Learn how we insure your EHR conversion against revenue leakage.
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Healthcare Executives Love SMaRT Analytics™
We are always looking for ways to improve revenue and decrease costs. I am excited to transform our analytics capabilities and for the new insights we will quickly gain. READ MORE
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I can pull up the application with the executives in a room and click. I don’t have to explain what the data tells them—it is just there. READ MORE
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Discover Significant Revenue and Cost Savings Today
Sixth Sense's foundational analytics address needs common to all healthcare organizations, providing you with “out of the box,” best practice, actionable analytics in as little as 45 days.
