Accountable Care Organizations (ACOs)
Overview
As ACOs are increasingly held responsible for driving value and reducing overall cost of care, patient engagement will play an increasingly key role in achieving those results. A report by McKinsey & Company showed hospitals generally experience 30% to 50% revenue leakage but ACOs can improve that by 10-30%.
Our mission is to solve healthcare's untapped revenue and patient access challenges.
Abax Health’s AI powered Clinical Analytics and Patient Engagement Software, AbaxInsight, Identifies unscheduled referrals sitting on your clinical records and Quantifies the financial impact of those untapped referrals.
Then, with the patient’s clinical data in hand, AbaxInsight enables our Education and Outreach Concierge (EOC) team to Act on those untapped referrals. Through the use of automated text, phone, email, live chat and in-person home visits, Abax’s EOCs connect with the patient, educates them on the care they need, and schedules the patient’s care in the most convenient manner possible.
Abax
Insight is Abax’s artificial intelligence and machine learning powered analytics platform mines the clinical record for untapped revenue opportunities. AbaxInsight identifies the untapped referrals / revenue and quantifies those referrals by applying the Medicare fee schedule, or your organization’s fee schedule to exhibit untapped revenue improvement opportunities.
Education is the platform and content through which our human Education and Outreach Concierge (EOC) Team provides detailed educational content to your patients.
Outreach is the personal engagement and automated processes which our human Education and Outreach Concierge (EOC) team uses to communicate with your patients.
Performance is our cloud-based dashboards that provide financial and performance insight untapped revenue opportunities at the enterprise, service line, procedure, physician, patient, location, and payor levels.
Benefits
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Exceed Value Based Contract requirements by ensuring that your patients receive the care your contracted to provide
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Improve Patient Engagement
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Improve Patient Outcomes
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Convenient Scheduling through our Concierge Patient Access Team
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Abax handles all administrative and financial clearance activities including: IV, Auth, and No Surprise Billing services
AbaxAccess
AbaxAccess’ support services are designed to provide Patient Access departments with the supplemental support they need to meet the growing staffing and quality needs of their patients. AbaxAccess services are designed to serve as an extension of your current Patient Access Department.
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Registration Support Services
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Scheduling Support Services
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Authorization Support Services
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Insurance Verification Support Services
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No Surprise Billing (NSB) Support Services