Delay Management Analytics
Mirrus Systems Delay Management Analytics take an in-depth look at billing processes to identify the root causes of delayed claims.
Mirrus Systems Delay Management solution is driven by powerful Delay Management Analytics to help you avoid late payments that can slow the billing cycle. Here’s how it works: first, the system proactively analyzes all the accounts in the active Accounts Receivables (A/R) that have aged past a certain trigger date. Then, each account is assigned a delay reason code, and sorted by the level of urgency to be addressed. It also corrects the accounts in the active A/R to avoid further delays or denials — identifying and correcting root causes either in the revenue cycle, or with payers.
Working as an extension of denial management, Mirrus Systems Delay Management delivers actionable intelligence for payment delay diagnosis, treatment, and cure by:
- Scanning at the entire active aged A/R rather than just a narrow slice of denied claims.
- Bringing to light trends and root causes that would otherwise not be addressed or corrected by denials alone.
- Focusing on active claims that can be corrected before they are delayed further or even denied.
- Accelerating current period cash and reducing Gross Days Revenue Outstanding (GDRO).
- Revealing payment delay problems that originate with the payers, as well as with provider issues in each revenue cycle department.