A health system’s journey to redesign reconciliation + realize more revenue
same day cash posting
remit to deposit match
of deposits require manual posting
Reworking their payment posting process with automation, AdventHealth now efficiently
processes payments while reducing risk and the need for manual intervention.
Leveraging Waystar’s software to automate remits and journal entries for split payments, AdventHealth has drastically reduced manual tasks across the revenue cycle.
By consolidating clearinghouses and creating a dedicated payment posting team empowered with the proper tools, AdventHealth keeps AR days on track.
Utilizing an upstream splitter, it’s now easier for the health system to view, work, and release fully-funded remits for posting.
Read more about how AdventHealth transformed their reconciliation process to boost efficiency and further their mission.
Implementing a strategic plan that allows the team to work smarter and
faster, AdventHealth achieves powerful financial results today while paving
the way for continued success.