Track Underpayment Recovery
RevFind enables revenue cycle teams to keep their organizations up to speed on all relevant underpayment recovery success metrics. Tracking recoveries empowers team leaders to allocate staff to the right tasks, keep internal leadership informed, and review the health of relationships with payers. Deep reporting capabilities ensure your initiatives are headed in the right direction.
Drill down into actionable details
RevFind provides the data necessary to review your recovery process in granular detail, including:
- total amount of recovered revenue
- percentage of underpaid revenue recovered
- total number of claims marked for appeal
- average time to recover revenue
- underpaid versus recovered revenue by payer
This information reveals informative business insights such as:
- the magnitude of revenue uplift your organization is realizing
- how long underpayment debt from payers remains outstanding
- how efficient your team is in recovering revenue
- which payers are more or less likely to remit once notified of an underpayment
Report clearly
Clear visuals keep all stakeholders up to speed:
- report recovered revenue to finance teams for accurate financial planning
- inform leadership on recovery progress to substantiate your team’s work
- equip payer contracting teams to know which payers pay the highest share of their contractual obligations to inform contract negotiations
View underpayments end-to-end
Recovery is the final step of the underpayments process, but first comes underpayment detection. RevFind builds digital representations of managed care agreements to identify underpayments with precision, which means your team will only appeal and then recover validated payer underpayments. You can also forecast the future with RevFind Modeling, which reveals the net revenue impact of contract proposal scenarios. From detection to recovery to modeling, RevFind unlocks additional cash flow from payers.