Hospitals and health systems have a new weapon in the battle to increase cashflow. RelayHealth, a leading provider of clinical and financial connectivity solutions including revenue cycle management, health information exchange (HIE), secure messaging, PHR, and patient portal, today launched RelayAnalytics™ Pulse to help hospitals and health systems leverage the power of their data for financial performance improvement.
RelayAnalytics Pulse is a new comparative analytics solution that helps hospitals and health systems have at-a-glance visibility into the indicators that translate into cashflow. RelayAnalytics Pulse also provides the Value Index, which assigns a monetary value to the improvement of specific indicators to provide financial leaders objective data to help them positively impact cash trends. Finally, RelayAnalytics Pulse provides this impactful information in an intelligent, easy-to-consume interface that doesn’t require interpreting vast amounts of data. The goal: leaders can better prioritize performance improvements for optimal cash performance.
"In the face of declining reimbursements, healthcare leaders seek additional tools to ensure they can sustainably serve the needs of their communities," said Jeff Felton, president, RelayHealth. "RelayHealth continues to offer innovative solutions to help healthcare leaders drive enhanced performance."
While any hospital and health system can leverage the power of RelayAnalytics Pulse, it also is very closely integrated with #1 in KLAS RelayAssurance™ Plus*, RelayHealth’s robust revenue cycle management claims management solution.
* RelayAssurance™ Plus (ePREMIS) was named #1 in KLAS for 2011 in the Revenue Cycle Management – Claims Management category by KLAS, a third-party research firm that measures healthcare technology vendor performance. The information was published in the Best in KLAS and Category Leader research report, which is available www.klasresearch.com.