FinThrive
28 Case Studies
A FinThrive Case Study
Southeastern Health System, a non-profit hospital in Georgia, faced high administrative costs and struggled with inefficient claims processes. They had difficulty isolating the root causes of claim rejections, which averaged over $63 to fix, and lacked the data needed for effective payer negotiations. To address these challenges, they partnered with FinThrive and implemented its Claims Analyzer solution.
FinThrive's solution enabled a data-driven strategy, integrating with the health system's existing revenue capture systems to identify lost revenue and payer trends. This provided improved visibility into claim performance and bottlenecks. As a result of working with FinThrive, Southeastern Health System improved its claim rejection rate by over 40%, reduced its average time to payment by 17 days, and boosted staff productivity by processing over 200 additional claims per staff member per month.
Southeastern Health System