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Billing Companies

Billing Companies Win More Business
with WhiteSpace Healthcare

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Got any of these Key Challenges?

  • Need to differentiate your company from other service providers?
  • Is staffing and employee retention a concern?
  • Do you need to deliver outcomes despite not controlling front end operations?
  • Are patient, provider, and service line satisfaction top of mind for your clients?
  • Are you experiencing pricing pressures and difficulty consistently meeting service level agreements?
  • Have you made essential investments to ensure your ability to deliver and manage clients?
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Denials

9%

of hospital claims are initially denied. This equates to $4.9 million USD in net patient revenue.

$25

is the average cost to re-work and it takes 71 minutes.

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Common reasons for claim denial are duplicates, medical docs, and timeliness.

50-60%

of denials are not addressed due to time or knowledge constraints.

$118

is the verage cost of an appeal.

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Denied claims and incorrect billing can prompt patients to switch care.

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Our solutions

Integrate with your clients' healthcare technologies.

Delivers a turnkey solution that provides virtually all of information needed to run the revenue cycle - at go live.

Unifies data from disparate sources, refreshes it daily and ensures actionable information across your portfolio of clients on one platform.

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Why partner with Whitespace Health?

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Shave years off yours development roadmap

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Upgrade your data and scheduling solutions

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Offer solutions that looks and feel built by you

Grow and Enhance your Performance

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Increased CSAT And retention rates

30% or more

Improved new business win rate

5 - 10%

Expanded gross margin

Value Delivered in Four Steps

Analytics

RevIntel

Resolution Insight Playbook

Resolution Center

Analytics
  • Transparency to workstream health.
  • Proactive and automated KPI management.
  • Fresh, actionable information in elevated dashboards.
  • Finds areas of revenue leakage.
  • Diagnoses root cause.
  • Correlates to top influencing factors.
  • Tools to manage the RCM ecosystem including, providers, service lines, managed care, and registration.
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RevIntel

  • Identifies opportunities to find and fix areas of revenue leakage.
  • Elevated performance levels retain clients.
  • Real time digital consultant in the platform identifies financial impact.
RevIntel

Resolution Insight

  • Prescribes actions so opportunities can be worked correctly the first time.
  • Ensures best practices are applied uniformly.
  • Applies innovative pre-visit and denial prevention techniques.
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Resolution Center

  • Automates communication and workflows with source systems.
  • Extends the value of existing IT investments.
  • Integrations with RPA, practice management and EHR systems.
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Resources

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Using ML to Resolve Denied Claims
View Blog
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AI in the Revenue Cycle: Expanding your Capabilities
View Blog
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Revenue Cycle Speedbumps
View Snack

Maximize your revenue potential

Schedule a call now