Eden Prairie, Minn.-based Ingenix has introduced Ingenix Revenue Manager, a suite of new software applications that it says enables hospitals to proactively track, manage and automate revenue cycle functions, improve billing accuracy and reduce claims denials and administrative processes.
These tools can also be combined with Ingenix Consulting services to identify root causes for claims denials, prevent denials from happening, automate appeals and improve profitability.
The company says Ingenix Revenue Manager is comprised of three modules – Denials Prevention, Appeals Automation, and Denials Analytics – that can be applied separately or as a suite to automate, update and monitor billing processes, reduce the number of days claims are delayed in accounts receivable, prevent denials and minimize collections costs.
