• Horizon Enterprise Revenue Management


Horizon Enterprise Revenue Managementâ„¢ supports the reinvention of revenue management practices, thereby creating a new category of financial management: enterprise revenue management. This first-of-its-kind comprehensive financial solution combines innovative rules-based software, connectivity services and best practices from more than 35 years of collaborating with hospitals, physicians, payors and financial institutions.

Benefits

The enterprise revenue management solution goes beyond simply speeding up current revenue cycle management processes by giving you the power to:

  • Better predict financial responsibility for all constituents before and during care
  • Streamline patient access to services
  • Proactively manage business relationships
  • Understand the financial impact of all care decisions
  • Forecast cash flow and net revenue in real time

Features

Horizon Enterprise Revenue Management empowers you to vastly improve the economics of care by redefining and supporting the processes, relationships and organizational structures associated with the three disciplines of financial management:

Consumer management includes the interactions between healthcare organizations and patients. Horizon Enterprise Revenue Management enables consumers to become more active in their care by enabling them to go online and compare prices of procedures, request service, pay bills, and even conduct some basic pre-registration activities from home or work.

Business management covers the creation of charges, distribution of claims and receipt of payments. There are approximately 14 billing cycle steps and three handoffs between the time a patient is discharged and the time a health system receives a claim. Horizon Enterprise Revenue Management can help redesign the billing cycle to just four steps with no handoffs by moving many of the billing functions to the pre and during care stages.

Access management involves the collection of information that will be valuable in treating the patient, meeting regulatory requirements and collecting full payment for services delivered.



Print page        
share Share this page

Contact McKesson

Request more information







© 2010 McKesson Corp.