Vee Technologies: Customizable RCM Systems for the Heath-care

A sound Revenue Cycle Management (RCM) system of a healthcare organization strengthens cash flow opportunities and improves the quality of patient experience by streamlining the revenue processes of the healthcare unit. The healthcare domain is devoid of a single solution that can resolve the different problems that come up during Revenue Cycle Management. In addition, many hospitals have 50 percent of revenues stagnating in delayed Account Receivable (AR) status. Despite these challenges, the RCM sector is applying database decision support model. Reduction of clinical cost can be ensured by fault-tolerant data processing method. To decrease the revenue cycle gap, integrated Business Intelligence platforms, Big Data aggregation, and Extract, Transform, and Load (ETL) analytical architecture will be utilized. These firms often reach out to service providers for immediate solution with marginal benefits. Though there are many suppliers who claim to have the perfect solution, only a few actually perform the overall analysis and get the solution right. Vee Technologies stands out of the crowd in this respect as it uses a holistic approach to create and deliver its solution. “Our framework uses combinations of classification techniques decision tree, SVM and ANN for analyzing clinical records, then cross-referenced to the payer data to improve,” affirms C.V. Chockalingam, CEO and Managing Director, Vee Technologies.

The firm offers beneficial RCM services, like the 360 degree medical billing service that estimates the entire RCM cycle. In addition to streamlining operations by eliminating inefficient resources for hospitals, physicians, and third-party medical billing companies. The metric evaluation of productivity along with lean strategies of the firm improves the efficiency gained by the client. “We cater to the demands of our clients starting from patient check-in, to the entire value chain until discharged,” says Chockalingam.