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Solution Benefits
Account Tools: A revenue cycle vendor raises cash yield
Vendor Management: Multi-hospital health system gains control and visibility over its self-pay vendor network
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Charity Update
Recent industry research by Connance and PARO Decision Support identifies opportunity to classify up to 31% of bad debt from patient revenue as Charity. -
Upcoming Events
June 14-17, 2009, HFMA ANI. Visit us at booth #329
September 14-16, 2009, Maryland AAHAM Annual Institute. Connance is presenting.
October 14-16, 2009, AAHAM Annual ANI. Connance is presenting.
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Thought Leadership
"Myths About Patient Receivables: Setting the Record Straight"Revenue Cycle Strategist, March 2009 -
Predictive Models in Self-Pay Collections - The Path to Breakthrough Performance Improvement. November 17, 2008, HFMA Audio Webcast,
- “What Hospitals Can Learn From Banks” HFM Magazine, September 2008
Connance collaborative research reveals vast differences in collection performance among healthcare providers across the country; Connance research is the first to document the cash impact of ineffective collections and to size the cash opportunity in actionable terms.
With our web-based solutions, you can:
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Connance Agency Manager: Manage and improve performance of third-party collection vendors
Connance Account Tools: Segment patient accounts to improve collection efficiency and results
Connance Charity Eligibility: Qualify patients for charity care and meet your community benefit obligations
Connance Benchmark Reports: Measure performance within your health system and against your peers
Connance solutions are the result of an ongoing research program done in collaboration with leading U.S. hospitals and with the world-class analytic technology of FICO. With the guidance of providers participating in our research, Connance is enabling compassionate collection efforts, improving cash yield and reducing business operating costs.