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What is Optimus Suite?

EqualizeRCM's approach to overseeing healthcare revenue cycles revolves around innovative software solutions that are truly transformative. Central to this is the Optimus Suite, an automation platform for revenue cycle management that is crafted to effortlessly connect with our clients' existing systems, such as EMR, PM, Clearing House, and Payer, among others. This cutting-edge platform, bolstered by a range of intelligent applications, empowers healthcare facilities and practices to optimize their revenue cycle operations while simultaneously reducing operational expenses. By tailoring Optimus to meet the unique requirements of your system, you can significantly boost your RCM outcomes. Our system for managing denials and accounts receivable incorporates features like straightforward claim status tracking, detailed dashboard analytics, and thorough root cause analysis for denials and AR. Moreover, the platform facilitates the integration of 835 and 837 datasets into the denials and AR management process, which streamlines claims analysis. In addition, we provide a customizable and cost-efficient contract payment calculator that aids in evaluating anticipated payments in relation to provider contracts, making it easy to contrast these with actual payments received. This holistic strategy not only supports healthcare organizations in achieving optimal financial performance but also positions them to respond rapidly to the evolving demands of the industry. By implementing these advanced solutions, healthcare providers can gain a competitive edge while maintaining financial health.

What is Experian Health?

The patient access process is crucial for establishing the entire revenue cycle management within the healthcare sector. By ensuring the accuracy of patient information from the beginning, healthcare providers can significantly reduce errors that frequently result in increased workload for administrative teams. Notably, a substantial 10 to 20 percent of a healthcare system's income is allocated to resolving denied claims, with an alarming 30 to 50 percent of these denials arising from the initial patient access stage. Shifting towards an automated, data-driven workflow not only reduces the likelihood of claim denials but also improves access to patient care, facilitated by capabilities like 24/7 online scheduling. Additionally, refining patient access can be achieved by optimizing billing procedures through real-time eligibility verification, which equips patients with accurate cost estimates during the registration process. Moreover, enhancing the precision of registration not only boosts staff productivity but also allows for the quick correction of discrepancies, thus averting costly claim denials and the necessity for further administrative adjustments. In the end, concentrating on these aspects not only protects revenue but also significantly enriches the overall experience for patients, making healthcare more effective and accessible for everyone involved.

Media

Media

Integrations Supported

ABLE Platform

Integrations Supported

ABLE Platform

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

EqualizeRCM Services

Date Founded

2003

Company Location

United States

Company Website

equalizercm.com/services/software-solutions/optimus/

Company Facts

Organization Name

Experian Health

Date Founded

1994

Company Location

United States

Company Website

www.experian.com/healthcare/products/patient-access-registration

Categories and Features

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Categories and Features

Medical Billing

Claims Processing
Claims Scrubbing
Code & Charge Entry
Compliance Tracking
Customizable Dashboard
Dunning Management
Invoice History
Patient Eligibility Checks
Practice Management
Quotes/Estimates
Remittance Advice

Medical Scheduling

Appointment Management
Billing & Invoicing
Drag & Drop
Facility Scheduling
Multi-Location
No-Show Tracking
On Call Scheduling
Patient Records
Patient Scheduling
Physician Management
Recurring Appointments
Self Service Portal
Staff Scheduling

Patient Scheduling

Analytics/Reporting
Approval Process Control
HIPAA Compliant
Mobile Access
Notifications/Alerts
Online Scheduling
Patient Communications
Patient Intake
Patient Portal
Patient Records Management
Payment Processing
Reminders
SMS Messaging

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

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