RevMAX-led
RCM Solution 

Fully Integrate and Automate Your Revenue Cycle Management

The right technology can improve collaboration between your providers and your revenue cycle staff thereby facilitating the flow of revenue across the business. RevMAX™ increases coordination and the level of communication between coding/HIM and providers and streamlines the relationship between providers and the revenue cycle. The result is fewer denials, better accounts receivable, and optimized revenues.

RevMAX uses Machine Learning (ML) algorithms to predict and prevent denials, ensuring increased collections and decreased AR days
Schedule a Demo

Value Delivered

This ED focused, independent physician group deployed RevMAX to:

  • Reduce front-end denials

  • Enable self-service business intelligence insights

  • Leverage machine learning insights to re-engineer processes across the revenue cycle

This resulted in:
6.2% increase in collections

10% improvement in days in AR

We hit our RVU goal too! We were 17% above goal even with this Covid-19 crisis. Please let your team know we appreciate the feedback and help.

— Emergency Department Chairman
Large County Owned Community Hospital in the Mid-South

RevMAX Key Features

RevMAX full continuum approach
RevMAX

Approach

Full continuum RCM and denials management excellence.
RevMAX portal
RevMAX

Self-Service Portal with Actionable Insights

Business intelligence, denial predications, and workflow all-in-one place.
RevMAX denial prediction dashboard
RevMAX

ML Based Denials Predictions with Reason Codes

Summary of top impactors along with detailed encounter-level feedback that can be acted upon even prior to claims submission.

Closing the Gap

RevMAX is a fully integrated, automated, predictive analytics-based revenue cycle management (RCM) solution that maximizes revenue capture and reduces manual touches.

RevMAX takes practice management system (PMS) and electronic health record (EHR) data, applies machine learning technology and predictive algorithms to improve outcomes across:
  • Patient eligibility, pre-authorization, and collections
  • Denials prevention and denials management
  • Account receivable management
RevMAX delivers solutions spanning both the front end and the back end revenue cycle. Using rules-based and Machine Learning (ML) based engine, RevMAX is able to drive action, route documents, reduce manual touches, and maximize revenue capture. Emphasis is made on denial prevention, eligibility verification and search, medical necessity checks, documentation improvement and aggressive inventory management to reduce leakage and reduce bad debt expense.
RevMAX is unique because of the Machine Learning (ML) driven denials prevention capabilities.

As an RCM company, we believe in not only managing AR and denials at the back end but also a on the front end to prevent denials and increase time of service collections.

The self-service BI tool that is part of our RevMAX platform enables our clients to “slice and dice” the data in insightful, meaningful ways that are far superior to traditional standardized reporting provided by most RCM companies.

RevMAX goes beyond other RCM solutions because it:

  • Identifies potential denials upfront even before claim submission
  • Prioritizes and streamlines the work queue for claims resubmission
  • Informs upstream process changes to prevent future denials

© 2020-21 Reventics. All rights reserved.

  to top