Transforming Revenue Cycle Management with Real Intelligence
Parathon sets a new standard in healthcare revenue cycle innovation—going beyond traditional Industry 4.0 artificial intelligence to deliver what we call Real Intelligence. That means no estimates, no assumptions—just precise, data-driven results.
Our solutions process 100% of claims from 100% of payers with 100% accuracy. This is made possible by over three decades of developing the industry’s most advanced and comprehensive intellectual property in revenue cycle management.
At the core of our platform is the proprietary Parallel Database® (PDBTM), which consolidates all revenue cycle data into a single, enterprise-wide system. By integrating our IT platform, foundational databases, calculation engine, and essential Managed Care applications, Parathon replicates and enhances the financial data found in legacy EMR systems—delivering unmatched clarity and control.
Our AI-Powered Revenue Intelligence Software Suite Includes:
Healthcare Contract Management
Empowers providers with best-in-class financial modeling and proprietary technology to ensure maximum and appropriate reimbursement from Third Party Payers (TPPs).
Patient Responsibility Estimator
A cost analysis tool that determines the patient responsibility owed for healthcare services, utilizing real-time eligibility and benefits data from Commercial and Medicare payers.
Denials Management
Provides sophisticated denial worklists, enabling faster collections and smarter workflows by allowing monitoring, working, and routing of denied claims to the appropriate personnel or departments.
Patient Facing Estimator
Enhances patient engagement by offering transparent cost estimates, fostering trust and improving the patient financial experience.
Collection Management: Work Lists
Streamlines accounts receivable follow-up with automated, event-driven worklists, ensuring timely and efficient claim resolution.
Contract Modeling & Price Sensitivity
Offers predictive modeling for contract negotiations and charge data master price sensitivity analysis, enabling providers to optimize reimbursement strategies.
Parathon doesn't just manage revenue ... it transforms it.
Proven Success in Revenue Recovery
Parathon has a demonstrated history of recovering billions of dollars for hospitals, health systems, and physician groups through our first-in-class Revenue Intelligence Services. Unlike other RCM vendors, our collection consultants operate exclusively within the Parathon Parallel Database® (PDBTM), utilizing our proprietary technology to process claim receivables that might otherwise be challenging to collect. This approach ensures that no revenue is left unrecognized, providing immediate cash flow improvements for your organization.
Unlock Your Organization's Full Revenue Potential
Request a Free Demo Today to discover how Parathon can transform your revenue cycle management and drive financial success for your organization.
