Mast Health has developed an analytic platform (Meridian℠) that allows applications, services, and models to measure the efficiency of a healthcare revenue cycle. Meridian℠ allows a hospital or provider to isolate and measure revenue lift and yield due to factors such as payer liability, patient responsibility, competitive pricing, and vendor performance over time and visualize and disseminate those results throughout the organization.
More than ever, revenue cycle performance improvement must be based on and entirely driven by business intelligence and the ability of the savvy Executive to leverage that in all stages of the Revenue Cycle. Cash performance must evolve and improve in response to the changing landscape of healthcare. The necessary predicate to that improvement is an acute understanding of all the factors that impact and can reduce the profitability of actual cash collected.
Meridian℠ comes with powerful analytic applications that allow revenue cycle leaders to slice and dice key data in order to make decisions and accurately forecast future earnings. Meridian℠ demonstrates in precise numerical terms how your cash is performing, month-over-month and year-over-year.
We have seen all types of data environments and have heard a wide array of healthcare finance questions.
We are here to help.
Learn how Meridian℠ helped a hospital prove their internal process improvement was working.
Read more about Meridian℠ through white papers in our Downloads section.
Contact Mast Health now to setup Meridian℠ and start measuring the financial picture of your facility in this evolving risk-based environment.