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Soarian Financials
Siemens helps streamline revenue cycle management with Soarian® Financials. This next-generation, workflow-driven solution reduces the need for disparate solutions by embedding rich functionality and tools into one comprehensive solution that includes: a contract engine, an enterprisewide master person index, and a claims engine and editor.
Soarian Financials was built from the ground up to meet new and emerging healthcare provider needs.
- Web-native—helps extend best practices across the organization.
- Workflow-driven—pushes claims edits to the front end of the process to promote proactive claims management and eliminate costly re-work.
- Role-based—can be adapted to assign the right information to the right person at the right time, helping you to generate cleaner claims, avoid denials, increase cash flow, and reduce manual effort.
Key functionality includes:
- Point-of-Service processing—facilitates upfront collection of self-pay balances
- Integrated medical necessity processing—helps reduce denials
- Encounter preparation worklists—supports a pre-service approach to financial clearance
Other capabilities include:
- Billing exception reporting
- Contract management
- Integrated eligibility workflow
- Claims engine and editor
- Embedded business analytical tools
- Built-in document imaging
- Denial avoidance and management
Soarian Financials seamlessly consolidates clinical, financial, and operational data to help providers:
- Make more informed decisions
- Increase physician and patient satisfaction
- Create more efficient business practices
With Soarian Financials, HealthAlliance Hospitals, Inc:
- Reduced average days of revenue in accounts receivable from 53 (in 2006) to a low of 32 days (in 2009)
- Increased payments by $1.1 million in the first six months of 2008, beating the forecast for the entire year
NEW! Susquehanna Health and Siemens Healthcare
Partners in Integration, Sustainability and Patient-Centered Care
Read what another customer is saying about Soarian Financials:
University Hospitals Case Medical Center Implements
Siemens Revenue Cycle Solution
Aiming to improve operational efficiency and effectiveness; reduce errors and rework.
Click here to read more
Special Feature
NEW! Strengthening Revenue Cycle Capabilities in an Era of Reform[637 KB]
Read a hfm Magazine article on revenue cycle strategies that healthcare professionals should incorporate to help their organizations respond to healthcare reform by John Glaser,
John Glaser, PhD, CEO of Siemens Health Services
Case Studies:
Susquehanna redefines delivery of care and ROI with its enterprise Soarian solution.
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