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MC AnalyTXs, Inc. Pricing Transparency Management

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The AnalyTXs AllPayor System


The AnalyTXs AllPayor System

Use the AnalyTXs AllPayor System to: 

  • Calculate the Plan Benefit expected from all payors and compare that expected benefit to the actual payment(s) received. Identify all Payment Differences and facilitate adjudication follow-up. Collect every dollar due.
     
  • Create instant Models using "what-if" clones of your existing contracts applied directly to your claim data. Instantly evaluate contract proposals against your unique case mix. Quantify the effect of counter-offers real-time during the negotiating session. Negotiate the best payor contract terms.
     
  • Confidently record your monthly Contractual Allowance for unbilled and in-house charges. This unique function eliminates spread sheets, ties directly to your filed claim population, and creates formal structure. Exceed Sarbanes-Oxley standards.
     
  • Compare Profitability by Payor, by Facility, by Product Line, by Physician … the possibilities are endless. From any report, drill down to the individual claim level detail. Identify and capitalize on your competitive strengths - eliminate competitive weaknesses.
     
  • Create Patient Pricing Quotes in response to patient inquiries...using your  hospital's specific claim, payment and contract data.  Produce a procedure specific quote which includes all of your usual and customary charges for such visits. Tell the patient  in less than a minute what the out-of-pocket liability will be and collect the deposit on admission.

 





"We completed our 24-week comprehensive REVENUE CYCLE PERFORMANCE IMPROVEMENT …and decreased our days in A/R by 15 days, increased net revenue by $5.5 million, reduced bad debts by 19% and increased year-over-year cash flow by $50 million…. still, MC AnalyTXs, Inc. was able to come in after our project was fully implemented and identify another $3,283,774 of which $1,638,774 has been received by UAB to date."

Sydney K. Rountree, FHFMA, Chief Financial Officer

"Our engagement with MC AnalyTXs has and continues to be very beneficial to the Health System. Our staff involvement has been minimal." 

Jim DeAngelo, Director, Patient Financial Services