Regardless of your business vertical, finding easy, actionable ways to conduct benchmarking can be a challenge. Fortunately for health care providers, Epic has Financial Pulse – a reporting tool designed to help leaders compare their organization's performance against other Epic customers across the country.
Financial Pulse tracks your efforts in a variety of financial impact areas, including charge lag, accounts receivable, clean claim rates and more. This tool comes included with Mercy's version of the Epic EHR, and it's already in use by Mercy and by many of our commercial clients, including Peninsula Regional Health System in Maryland, who took home multiple trophies at this year's Epic User Group Meeting (UGM) for their use of the tool.
In addition to Financial Pulse, Mercy's version of Epic includes a variety of other revenue solutions. For example: Patient Portion Estimates is a calculator included in Mercy's Epic, and it's designed to help registration team members create estimates of a patient's financial responsibility for a given visit or procedure.
To learn more about how we can help your team make the most out of Epic's revenue tools, click below to contact our team.