8Organizations today face the same type of challenge that they have had over the last two decades­ streamlining processes, getting the maximum dollar for the rendered services, and cutting through complex payer contracts and adjudication processes. However now, it is a lot tougher on three counts - increasing operational and compliance costs, less helpful payer processes, and the demand for a fully digital RCM experience. Quintessence has left no stone unturned by creating simple, easy to deploy, and intuitive technology to counter the massive budgets of payers on one side and managing physician workflows on the other. Not to mention their proprietary platforms that power productivity to focus on outcomes at high and sustained levels of quality. Quintessence is developing, customizing, and deploying smart technologies that wrap around a customer's practice management systems and EMR. This is a unique value proposition offered by Quintessence that is usually missing with the competitors. They have built tools, platforms, and BOTs for every function of the Rev Cycle for each one of their customers ­ this helps raise staff productivity, ease workflow friction, enhance automation and assure high levels of sustained quality outcomes. Their products integrate with customer systems either through APIs or data exchange involving HL7 or other formats. The company has built Bi-directional exchanges with several of its customer EMRs and PMSs. These tools can be deployed within customer networks or hosted in the cloud or data centers in the US. Quintessence's smart solutions combined with analytics, insights, and intelligence, push claims towards resolutions and seamlessly deliver the reimbursements that are due. For example, let's take their AR process for instance. Reimburssence, their proprietary AR intelligence engine will pull claims daily that need to be addressed. With a daily pull routine, a lot of wasted effort is avoided. Dynamic auto allocation algorithms allow for sharp responses to changing requirements. By grouping and ordering claims, it ekes efficiency at every step of the way. The assist engine guides staff through the path of best outcomes so claims can be pushed to closure than just being touched and left to age out. "We measure by touches to closure and touches per type and generate analytics that can further attune allocation and assist library. Finally notes so captured can be input into your PMS that can feed your native dashboard or we can build a custom dashboard that will meet your business needs", says Nirmal Kumar Rajachandran, CEO & Co-founder of Quintessence. Using Reimburssence has resulted in a predictable and transparent AR process ­ the most challenging part of Rev Cycle. Reimburssence can work with every PMS system. Further, it zeros in on the area where every company has been facing challenges ­ how do RCM and provider markets go toe to toe with payer technologies several times the budget. Reimburssence is an intuitive AR buster engine created by expert billing staff. Simple to deploy and easy to configure within a week, Reimburssence will transform the AR function. It provides a level of transparency to the customer on the status of the follow-up process and TAKING MEDICAL BILLING & RCM COMPANIES TOWARDS PROFITABILITY
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