Access & Revenue Accelerators
Gather financial data from multiple platforms into one source of truth. Unlock your revenue potential with Prominence Advisors.
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Payer Performance
Give your team trusted data from all payer data sources. This one-stop-shop removes the roadblocks to fully access data while retaining secure permission-based access. Our customers see:
- 50+ static reports / data file dumps consolidated into one, governed dashboard
- 2,000+ hours of rote, manual tasks eliminated, allowing staff to tackle real problems instead of pushing data
- $2M+ savings by identifying high-cost, high-utilizing patients and providers
Revenue Cycle
Understand, identify, and resolve bottlenecks in your revenue cycle quickly and proactively, before it affects your cash flow. The Revenue Cycle Accelerator delivers unified revenue data, in context, which results in:
- $20M in unbilled patient statements resolved
- $2M in unmonitored work queue charges released
- 4 major EHR processes redesigned for maximum efficiency
General Ledger
Gain a comprehensive view of your general ledger data and analyze budget performance, contribution margins, expense reports, and more. Eliminate the need to compile income statements, balance sheets, and financial reports completely.
Referrals Management
Understand your organization’s referrals, both in and out of system, in one dashboard to quantify lost revenue, build relationships with referring providers, and drive patient satisfaction and retention.
Bundled Payments
Manage your value-based payments to ensure long term organizational stability.
Combine your EHR, Claims, Case Management and Patient Satisfaction data into a single self-service dashboard, which will allow you to evaluate cost and quality variation and lead to:
- $2,300 savings per episode
- 21% reduction in readmission rates
- 30% reduction in post-acute costs
Denials
Minimize the time spent on researching, fixing, resubmitting, and collecting on denied claims with a prioritized list of high-value denials to review, ensuring efficiency.
Organizations that have deployed this Accelerator have denial volumes drop by 50%, as preventable denials are identified and upstream fixes applied.
Supply Chain Management
Break free from limiting ERP reporting tools and give your staff and leadership all of the information they need to effectively and efficiently manage supplies, shipping, costs, and more!
Eliminate opinion and gut-feel to ensure your organization always has the right supplies. Make your operations more efficient by:
- Viewing upcoming procedures and compare against stocked supplies
- Predicting when to re-order supplies to prevent shortages and keep inventory low
- Analyzing off-contract spend, ordering habits, and costs across providers and locations from one dashboard
Medical Economics
Is your team running and aggregating 30-40 disparate reports into a spreadsheet for executives? Eliminate the need for this cumbersome, error-prone process with this single, actionable dashboard.
View key strategic information for your organization such as reimbursement, per-member-per-month, and other key metrics to provide an initial diagnosis of causation to supercharge your strategic planning abilities.
Analyze key metrics for performance to benchmarks and over historical comparison periods in a single click.
Case studies
Prominence Accelerators
Prominence’s Accelerators are pre-built, customizable analytics dashboards that maximize your existing investments in technology and people. The Accelerators leverage data from any source, automate data delivery, and enhance governance without creating untenable maintenance.
- Deliver actionable, governed analytics 4x faster, saving 9 months on average, with the Prominence Platform
- Eliminate 80% of time required to deploy new analytics solutions (800 hours, on average)
- Reduce time required from SMEs by 70% using pre-built content and proven processes (300 hours, on average)
- Don’t recreate the wheel – Prominence’s Accelerators can compliment / enhance your existing analytics or EDW
- Automate data pipelines from source systems and leverage real-time data from Epic, Cerner and other mission critical systems.
