Lag time in reporting from IT was handicapping intelligent decision making. With MedeAnalytics, Orlando Health gained insight into current data, resulting in a reduction in denials and reporting cycle time.

The Problem

With multiple facilities and data systems, Orlando Health relied on IT resources to run queries and extract key elements of financial data for management reporting. Orlando Health needed a solution that could pull together data from multiple sources, provide flexible analysis tools and deliver a personalized suite of reports directly to business decision makers without requiring heavy IT involvement.

The Solution

The MedeAnalytics platform was implemented at Orlando Health to manage the enormous set of data related to accounts receivables and denials. In less than 30 days, Orlando Health had a web-based solution to track key performance metrics and the ability to drill down into account, transactions and denial detail. Orlando Health now has more than 40 staff members using several MedeAnalytics solutions on a daily basis.

The Results

• 75% reduction in denials
• Reduced average bill days from 6.2 to 4.5
• Reduced AR days from 43 to 36 days
• Achieved 100% cash-to-net revenue
• Reduced FTEs from 52 to 41
• Reduced reporting cycle time
• Increased staff accountability