Time and time again, we have heard the struggles that institutions have in managing their charge capture processes. Many have cited the need for a robust software solution to identify missing and inaccurate charges. In an effort to respond to market demand, we have created erisRxTM and AssessTM.

erisRX™

erisRx™ empowers clinicians and hospital staff to efficiently manage hospital charge capture and reconciliation processes. The product consists of seven modules that can be purchased separately or as a group. The user interface is customizable as well, allowing users to choose how they see information, aiding in user product adoption and feeling of ownership.

erisRx™ solution:

  • Is web-based, an industry accepted technology platform
  • Structured to function like an email "inbox"; a technology that is familiar to most users
  • Is highly customizable, allowing the user to drive what they see in their inbox and on their dashboard
  • Houses the industry's most comprehensive proprietary rules-based code-pair logic that identify missing and non-compliant charges
  • Allows the user to make changes to these virtual bills with the option of financial system interface capabilities
  • Shows where the hospital is pricing below "cost"
  • Alerts the user to potential cash flow problems via email alerts
  • Promotes charge reconciliation by exception: only problem bills are reviewed
  • Creates a more efficient charge capture and reconciliation process
  • Provides a module for managing hospital late charges that do not make it to the bill
  • Highlights hospital departments where the most opportunity exists
  • Demonstrates immediate benefit of opportunities identified both gross and NET

Assess™

To better predict the true value of integrating erisRx™ into daily hospital revenue cycle operations and to gain a better understanding of current-state needs, ERIS Medical Technologies developed Assess:

Assess™ Solution

  • Analyzes a full 12-24 months of patient bills
  • Utilizes the same proprietary rules-based logic as erisRx
  • Predicts top revenue enhancement and compliance opportunities by department
  • Predicts gross/net revenue by payer for each opportunity
  • Ability to view all claims associated with each stated opportunity
  • Ability to perform custom searches
  • Direct cut & paste functionality into client deliverables/presentations
  • Reduces assessment time and costs by 50-70%
  • Provides a more realistic assessment of the net impact associated with cleaning up charge capture operations