RevTrend-Revenue-Focused Crosswalk Solution

RevTrend


Delivering an analytic solution for today and tomorrow’s coding

Understanding ICD-10 impacts is only half the battle; monitoring your ongoing performance using comprehensive, granular analytics will enable ongoing revenue cycle enhancements and risk reduction

Understanding ICD-10 impacts is only half the battle; monitoring your ongoing performance using comprehensive, granular analytics will enable ongoing revenue cycle enhancements and risk reduction

SOLUTION

Are you identifying coding practices that
will help you today while protecting you
from ICD-10?

One of the best ways to avoid ICD-10 impacts is to find improvement opportunities in today’s coding practices. RevTrend provides extensive analytic capabilities to measure current day coding effectiveness and provide insights into the activities that will help you achieve revenue optimization.

RevTrend provides extensive data analytic capabilities to identify areas of coding opportunity today as well as potential risks resulting from the move to ICD-10. Using 837/835 claims information, RevTrend delivers batch and real time views into risks and potential reimbursement impacts down to the encounter level. This visibility extends into potential denial rates and helps determines financial variation and risk information. However, RevTrend is not limited to solely reimbursement trends. It also provides:

  • Historical trend analysis capabilities
  • Case mix variations
  • DRG variations based in ICD-9 and ICD-10
  • Contractual variations
  • Patient account status-based variations
  • Denials metrics
  • Revenue cycle and AR metrics
  • Productivity metrics

VALUE

RevTrend - Delivering Operational Analytics

Using Jvion’s RevTrend, providers can efficiently monitor the effectiveness of current coding practices while also assessing ICD-10 related revenue risks. The entire approach is based on the idea of continual improvement. Because of the detail delivered, an organization can quickly see where there are operational and clinical documentation opportunities and turn those insights into meaningful action. The result is an analytic solution that provides peace of mind and:

  • Monitors reimbursement outcomes to help identify areas that need to be updated/revised
  • Provides visibility into potential denial rates
  • Delivers revenue cycle quality assurance metrics
  • Determines financial variation for coding improvements today as well as when you move to ICD-10
  • Accepts 837 and 835 information to provide a complete view of outcomes

We recognize that the best way to avoid the potential cash flow and productivity impacts resulting from ICD-10 is to build your cash and capability while in ICD-9. Having a tool like RevTrend, which delivers critical assistance, is essential to monitoring and preventing the extended AR cycles and increased denials that will be a reality in a post-ICD-10 world while delivering immediate value and return in today’s world.

What RevTrend helps you answer:

  • How will the ICD-10 delay impact my organization?
  • How can I continue ICD-10 monitoring?
  • What impact with ICD-10 have on my revenues?
  • Assuming that ICD-10 goes live in 2015, what steps can I take to build cash while offsetting risk?
  • How can ICD-10 analytics and reporting support my strategic initiatives?
  • How can I identify coding opportunities in ICD-9?
  • How can I keep my coder training fresh and targeted?
  • What do I need to do to drive physician engagement through the new go-live date?
  • Is there a way to increase my cash reserves while in ICD-9 to mitigate risk in ICD-10?
  • Is there a better way to predict and avoid denials?
  • How can I drive a culture of continuous improvement?
  • Is there a way to capitalize on the ICD-10 delay?
  • What are the biggest opportunities stemming from the ICD-10 delay?
  • What impact will ICD-10 have on my ambulatory practice?
  • What image will ICD-10 have on my clinics and outpatient services?
  • How can I prepare my physicians for ICD-10?
  • What do I need to think about as a physician practice?