Transforming
Healthcare with
Technology
The financial success of any health care enterprise hinges on driving efficiencies and optimizing the revenue cycle operations. In today’s complex healthcare environment, it is imperative to look beyond the realms of traditional reimbursement practices.
Transforming Healthcare withTechnology
The financial success of any health care enterprise hinges on driving efficiencies and optimizing the revenue cycle operations. In today’s complex healthcare environment, it is imperative to look beyond the realms of traditional reimbursement practices. Here at NYX Medical, our success has been driven by engaging all the stakeholders and combining our proprietary technologies with our robust services - the end result is a holistic approach to improved reimbursements.
Transform your Revenue Cycle from a manual process to one that is driven by Technology
Reduce your days in AR with proprietary BOT based Technology
NYX Med can automate your payer website searched using advanced BOT’s – this will reduce expensive manual intervention
Predict your future denials with our rule based analytics engine
Our rule based engine evaluates existing 835 or remit data received from payers,to formulate denial trends and capture process gaps
Increase reimbursements with our denial management tool
Reduce under and late payments though effective us of our denial management tool
Eliminate insurance hold times with our ‘Call Back’ technology
Our system analyzes payer hold times, auto navigates the IVR and calls your specialist back – reducing hold time and enabling faster claim resolution
Reduce your days in AR with proprietary BOT based Technology
NYX Med can automate your payer website searched using advanced BOT’s – this will reduce expensive manual intervention
Increase your reimbursements with our denial management tool
Reduce under and late payments though effective us of our denial management tool
Predict your future denials with our rule based analytics engine
Our rule based engine evaluates existing 835 or remit data received from payers,to formulate denial trends and capture process gaps
Eliminate insurance hold times with our ‘Call Back’ technology
Our system analyzes payer hold times, auto navigates the IVR and calls your specialist back – reducing hold time and enabling faster claim resolution
NYX-Medical Introduces Enterprise
Real Time analytics for Healthcare
NYX combines RCM with effective real-time analytics to offer healthcare providers the best tool to not only plug sources of revenue leak but also make effective decisions that will further their growth.
Technology driven Revenue Cycle Management
With our positioning along the healthcare services and data analytics chain, we have know how that ranges from end-to-end revenue cycle management which is key to the underlying success, be it a small clinic or a major hospital network, to providing advanced healthcare analytics model to optimize key revenue parameters within the system. Our goal is to leverage our advanced knowledge in Big Data and Data Analytics and apply customized analytical models to our client’s existing RCM structure, understand the outcomes, suggest reparative measures and implement strategies to plug revenue leaks and thereby optimize the final outcome.
While traditional RCM companies work on a standard workflow process, NYX just doesn’t offer RCM as a standalone service but combines advanced analytics that is applied to each attribute within the RCM arena. Advanced analytics provides historical trends, allows us to review process performance, identify opportunities and technically align initiatives to improve results. This give us insights to cash shortfalls from unsuspected sources than the usual suspects of productivity, timely filing limits, aging, delay in follow-ups, ineffective collection practices, etc.