Case Study: Healthcare
Leading physician network provider improves data accuracy with PDM, saving nearly $1 million
Sagility accelerated collections, reduced receivables, and avoided write-offs
Sagility provided an automated solution that created multiple channels of inventory intake, along with structuring and standardizing the intake template. The behind-the-scenes activities resulted in reduction of ~80% manual work and improving data accuracy to 99.9%.
To address the challenge, Sagility leveraged the proprietary Network Management solution Provider Forward, a CRM-based platform with built-in automations and interfacing abilities. The specific solution contains a universe of varied roster formats and dictionary; through its advanced business rules, the system populates accurate results eliminating manual effort and tribal knowledge. The solution was designed in three phases:-Define standard table for data points that are mostly varied. -Clean up and standardize data elements that are unstructured.-Update client systems through ICP tools in industry-standard formats.
The solution was designed in three phases:
Sagility delivers provider data updates and maintenance from Hyderabad and Bangalore. Here are a few results:
$100K In annual savings with PDM support
$200K In credentialing cost savings with approx. 70% decrease in end-to-end processing time
99.9%Database quality of transactions processed through automation maintained
100K – 120K Increased updates/month within six months
70% Efficiency in transactions per hour
100%Adherence to NSA rule and enabling additional savings of +$25K in penalties to CMS