Focus on your patient’s health—we’ll fix their data.
Hospitals have their priorities right. They put the patient first. But it often comes at the expense of capturing accurate patient and insurance information at registration that hospitals need. The Wave HDC plug-in provides the data hospitals need to efficiently capture the correct data to submit claims and accurately determine patients’ propensity to pay while determining charity qualification.
Want to reduce RCM time and increase revenue?
Get up and running in as little as 30 days.
Accurate medical records start pre-admission.
It’s easy to see why 30-40% of medical records contain inaccurate or missing information. Hospital staff are relentlessly rushed to do things like alleviate pain and expedite patient care; verifying insurance coverage and other pieces of information often take a back seat. No problem—Wave HDC’s Eligibility Curator instantly verifies insurance eligibility with thousands of payers.
All the hard work of verifying has been done for you ahead of time.
Eligibility Curator returns accurate coverage information, including secondary and tertiary coverages and details down to the plan level. Unlike competing revenue cycle management solutions, ours adds the step of verifying active and billable coverage.
Wave HDC RCM Solutions solve administrative intake challenges automatically.
Our Coverage Curator plugs into hospitals’ host systems to fix missing or inaccurate patient and insurance information. Wave HDC’s discovery tools automatically fix data for coverage on file, including benefits using Eligibility Curator, charity qualification and propensity to pay using Financial Disposition Curator, and contact information using our Demographic Curator.
Save hospital staff time on the front- and back end.
By automatically populating missing information and correcting inaccurate information, our solutions save staff considerable input time during registration. The nearly 100% accurate information our RCM solutions provide saves hospitals on the back end by reducing rejected claims, returned statements and staff time spent reworking. Our MBI Curator is the perfect example. This tool works behind the scenes, automatically adding and updating Medicare Beneficiary Identifiers (MBI) in real-time so they never become an issue for a rejected claim. What will your business office do with all the time we give back to them?
Gain real-time access to data on propensity and ability to pay.
Our Financial Disposition Curator helps hospitals make informed decisions regarding patients’ ability and propensity to pay through our patient assistance program software. It relies on non-FCRA data to aid hospitals in navigating competing initiatives and balancing their mission and margin obligations.
Clean, real-time insurance and patient data is a game changer for hospitals. Wave clients experience up to 300% ROI when leveraging our full revenue cycle management products and services portfolio.
Talk to us about integrating Wave HDC into your HIS.