ALPHARETTA, Ga., Jan. 9, 2019 /PRNewswire/ -- nThrive, an independent Patient-to-Payment℠ solutions company, announces today the launch of their new machine learning technology that expands Charge Capture Audit (CCA) to cover non-acute settings. nThrive can now offer CCA in both acute care and the ambulatory professional settings.
The CCA Professional Solution uses machine learning to identify missed charges based off algorithms allowing hospitals to capture additional revenue. The company developed this solution through the ingenuity of its own data scientists working with its experts on charge capture processes. This combination was critical in developing a solution using cutting edge machine learning techniques and the latest health care practices.
nThrive leveraged its broad market presence to mine billing data to identify patterns in charging practices. With this information, the company developed a predictive algorithm to identify missing charges. Working with advanced technology and industry experts, nThrive has quickly achieved a high level of accuracy in the solution. The combination of advanced technology, industry expertise and scale are what separates nThrive from other solutions.
"As hospitals continue to expand to non-acute facilities and physician groups, there is a need for a solution that can span both. Our CCA Professional machine learning technology solution is helping providers maximize their revenue across settings of care," said nThrive Vice President of Product Management Kevin Smith.
From Patient-to-PaymentSM, nThrive provides all the technology, advisory expertise, services, analytics and education programs health care organizations need to thrive in the communities they serve. Formerly known as MedAssets, Precyse and Equation, nThrive is built on a legacy of excellence. Most recently, nThrive acquired two leaders in their fields, Adreima – a provider of patient-centered, clinically integrated revenue cycle services that help patients find coverage and meet their financial obligations – and e4e Healthcare Services – a business process outsourcing company. The five organizations together combine top talent and capabilities in the health care industry into a single enterprise. www.nthrive.com
Francesca Richards, nThrive