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GE Healthcare
Proven revenue cycle management
supporting profitability in an era
of healthcare reform.
Healthcare reform is one of the biggest challenges the healthcare
industry faces and will have significant impacts on revenue cycle
processes and how you get paid. With Centricity Business, your
institution can thrive during this industry shift and drive greater
profitability, efficiency, and enhanced quality of care.
Enterprise-ready
Larger healthcare organizations require enterprise-ready revenue cycle
solutions across their continuum of care. Centricity Business delivers
these capabilities through:
•	 Integrated inpatient and ambulatory revenue cycle management 	 	
	 across multiple locations for improved transparency and efficiency
•	 Support for multiple reimbursement models, including fee-for-service, 	
	 capitation, pay-for-performance, and shared-savings for accurate 		
	 reimbursements and greater profitability
•	 Versatile, scalable revenue cycle tools and workflows to support 	 	
	 operational excellence across the continuum of care, with flexible 	 	
	 deployment options
Enterprise-ready
A proven, next-generation healthcare
revenue cycle management solution
that supports traditional and accountable
care reimbursement models, Centricity*
Business delivers proven revenue cycle
performance.
Profitability,
efficiency, and
enhanced quality
of care
High-performing
Profitability is the name of the game in revenue cycle. Reducing waste
and manual touch points to the revenue cycle is critical. Revenue cycle
systems need to be high performing. With all the waste and inefficiency
in the healthcare system today, Centricity Business provides numerous
low-touch capabilities that remove manual touches to the revenue
cycle. Solutions such as Enterprise Task Manager streamline and
automate the revenue cycle. Additionally, Centricity Business
connects your workflow with Centricity Electronic Data Interchange
and Centricity Patient Online, tools that enable better performance,
automation, and transparency in the revenue cycle. Finally, ROI speaks
for itself—we have been in the business for over 40 years and our
customers have proven revenue cycle performance.
•	 Automated, exception-based workflows that provide faster, cleaner 	
	 claims and accelerated revenue collection
•	 Ability to manage increasing patient responsibility with integrated 	 	
	 tools to manage patient access and revenue cycle processes
•	 Proven financial performance
	 	 –   of	the top 12 Top Performers in Faculty Practice Solutions 	 	
	 	 	   Center Billing Office Survey1
		 – 13 of the 17 Best Hospitals in 2011-12 honor roll2
1
UHC & AAMC, FY10 Faculty Practice Solutions Center Billing Office Survey, June 2012
2
US News and World Report, Best Hospitals 2011-12: Honor Roll, July 2012
High-performing
Interoperable
Centricity Business enables healthcare providers to connect with
virtually any EMR vendor in the market. Centricity Business empowers
our customers to have choice and freedom to choose the systems that
work best for their environment.
•	 Revenue cycle management with clinical workflow integration to 	 	
	 virtually any EMR
•	 Standards-based connectivity enables freedom to choose your clinical 	
	 system, while lowering total cost of ownership
•	 Connect the enterprise and provide insights across clinicals and
	 financials to drive improved care coordination and streamlined 		
	reimbursements
Centricity Business allows you to drive new levels of patient service
across your continuum of care by consolidating the revenue cycle,
billing, and exchange of patient information. The ultimate result: your
business can move faster than ever with improved profitability and
efficiency and enhance quality of care.
Interoperable
“HIE is really changing the 		
	game—you need to be able 		
	to 	accept data and images 	
	from disparate systems. 		
	Centricity Business enables us
	to take data from anywhere.
	We receive radiology data,
	lab data, and clinical data
	from three different non-
	GE systems and are able to
	translate, load, and process
	that into our Centricity
	Business system with really
	good success.”
Tim Jones, Manager of Clinical Information Systems,
Medical College of Wisconsin
Centricity Business Platform and Technology Foundation
Centricity Business’s open, web-based approach minimizes the
overhead of interfaces and allows organizations to adopt solutions
that best meet their needs, to create a complete clinical and financial
environment that supports optimal patient care.
The approach centers on easy connectivity with other systems,
devices, and equipment for more collaborative care delivery across the
continuum. And we’re there to make that happen smoothly, with ASP or
in-house offerings.
Flexible
An open,
flexible approach
Centricity Business supports healthcare revenue cycle
in the following areas:
•	 Low-touch billing – Improves ability to meet risks of growing self-pay 	
	 patient population by reducing human touch across the patient-		
	 access and revenue cycle processes
•	 Clinical connectivity – Drives real-time clinical and financial 	 	
	 interoperability through tighter, closed-loop connectivity between 		
	 Centricity Business and any EMR
•	 Regulatory compliance – Provides organizations with native ICD-10 	
	 support two years ahead of the CMS mandated deadline of
	 October 2014
•	 Better patient access – Streamlines enterprise-wide patient scheduling
•	 Lower total cost of ownership – Reduces cost to implement, support, 	
	 and maintain Centricity Business through virtualization
Proven
40 years
of proven revenue
cycle capabilities
Our long-term vision and close
customer collaboration are dedicated
to helping you continually meet
the challenges of today’s changing
healthcare environment. For over
40 years, GE Healthcare has been
assisting healthcare organizations
with their revenue cycle to help you
keep your organization healthy today
and tomorrow.
Proven
“Centricity Business has supported UI Health Care’s 	
	vision of creating an integrated revenue cycle for
	our hospital and physician practice plan by helping 	
	us create a unified patient statement for all
	patient encounters.”
Ken L. Fisher, Associate Vice President for Finance,
University of Iowa Health Care
Scheduling appointments and procedures in healthcare is
complex, as certain decisions may impact all subsequent actions.
Centricity Business allows for streamlined, easy, and efficient
scheduling of physicians and resources across
your enterprise.
Centricity Business helps you capture more complete and accurate
patient information, and share it widely and easily throughout
your enterprise. With convenient tools and easy, direct access to
information, your schedulers and administrators can be
more efficient.
Access Management
Schedule patients in seconds.
Zip through arrival like never before.
Engage patients with automated,
easy tools. Help increase patient
and provider satisfaction.
Access
Management
More effective front-end management enables hassle-free service and
enhanced information access. Advanced workflow features and smart
technology—including flexible scheduling tools and online work lists—
help increase staff productivity.
Centricity Business also helps you optimize revenue cycle management
from pre-arrival to payment posting. Smart tools to increase
productivity and decrease days in A/R help you stay more profitable.
“Management by exception” is a core design philosophy embedded
throughout the solution, driving business process improvement by
automating routine tasks that allow staff to focus on high-priority
activities for faster issue resolution.
Patient access tools streamline visits and offer greater convenience, for
increased patient satisfaction. With the Centricity Patient Online portal,
you can offer your patients 24/7 access to their health information—
and extend your reach—for proactive care management.
When you provide both patients and providers with swift, seamless
access to services and easy verification of information about care, they
feel more comfortable and confident working with you. GE Healthcare
shares your commitment.
Access Management
Access Management
“Our organization has saved not only time and
	resources with the automated workflows and
	low-touch billing aspects of Centricity Business;
	we have been able to create work lists that allow 	 	
	us to pass information between our practices and 		
	our central business office, so we can
	communicate a lot more efficiently.”
Jose Rivera, Corporate Director Physician
and Professional Services,
Orlando Health
To ensure a vigorous bottom line, you need to optimize the revenue
cycle. There are two sides to the equation—you need to reduce
inefficiency, errors, and waste, while streamlining processes and
enhancing staff productivity. Centricity Business includes a robust
set of accounting and workflow tools to help you positively affect key
financial metrics like A/R days, cost to collect, and denial rates, while
keeping your FTE-to-provider ratios low.
With a focus on automation and a management-by-exception design
philosophy, Centricity Business helps you better manage patient
data and reduce insurance denials caused by common claims errors.
Next-generation technologies improve workflow and increase staff
productivity by automating key processes and prioritizing tasks
requiring manual intervention. This approach helps accelerate
payment collection and reduce administrative costs.
Patient Financials
Greater automation and flexibility.
Better collection of self-pay balances.
A solution that scales when you do.
Overall improvements in your financial
well-being.
Patient Financials
GE Healthcare provides patient billing tools that go beyond any other
currently available revenue cycle management solution to enable
a low-touch, high-return approach to managing your business. Key
features include:
• Patient liability estimator
• Budget plans with re-occurring payments
• Pre-payment workflows
• Financial assistance
• Point-of-service determination
• Real-time claims adjudication
Designed to improve your revenue cycle through automation and
standardization, our EDI services combine expert management support
with advanced integrated software to help you speed up the revenue
cycle, increase productivity, and accelerate reimbursements.
Centricity Business gives you the versatility you need to address
evolving regulatory challenges and rapidly changing reimbursement
models, while supporting your patient care and business needs.
Patient Financials
Patient Financials
Patient Financials
“Prior to our relationship with GE, we really had no 		
	idea what type of denials we had. Once we
	implemented Centricity Business, we became
	very exception driven and highly automated with 		
	great flexibility to add additional physicians very,
	very quickly into our infrastructure. That is huge as 	
	we have been developing our physician enterprise.”
Keith Eggert, Vice President Revenue
Management, Orlando Health
Centricity Business–Informatics transforms complex data into
meaningful, easy-to-understand information you can use to make
critical decisions and resolve problems quickly. This integrated business
intelligence suite provides flexible analytic tools that make it easy to
quickly identify trends and issues.
Easy-to-use dashboards highlight key performance measurements
for quick analysis. They provide daily, weekly, or yearly measurements
based on the information needs of specific users or departments. This
puts actionable intelligence directly into the hands of those who can
resolve problems and improve performance.
Data points can be modified on the fly, and reports generated in
seconds. You can access third-party information such as customer
satisfaction scores, benchmarking data, and budget numbers for a
more complete picture of practice performance.
With Informatics tools from GE Healthcare, physician leaders and
operational managers can spend more time productively analyzing
data, and less time gathering it.
Business Intelligence
Easy-to-use dashboards.
Visibility to trends and opportunities.
Actionable insights.
Business
Intelligence
Business Intelligence
Business Intelligence
“On a daily basis, our dashboards, data mining
	capabilities, and compilation of information help
	every team member within our organization, from
	line staff to administrators. We all have access
	to information that is at our fingertips.”
Jose Rivera, Corporate Director Physician
and Professional Services, Orlando Health
About GE Healthcare
GE Healthcare provides transformational medical technologies and services that
are shaping a new age of patient care. Our broad expertise in medical imaging
and information technologies, medical diagnostics, patient monitoring systems,
drug discovery, biopharmaceutical manufacturing technologies, performance
improvement and performance solutions services helps our customers to deliver
better care to more people around the world at a lower cost. In addition, we
partner with healthcare leaders, striving to leverage the global policy change
necessary to implement a successful shift to sustainable healthcare systems.
Our “healthymagination” vision for the future invites the world to join us on
our journey as we continuously develop innovations focused on reducing costs,
increasing access, and improving quality around the world. Headquartered in the
United Kingdom, GE Healthcare is a unit of General Electric Company (NYSE: GE).
Worldwide, GE Healthcare employees are committed to serving healthcare
professionals and their patients in more than 100 countries. For more information
about GE Healthcare, visit our website at www.gehealthcare.com.
GE Healthcare
540 W. Northwest Highway
Barrington, IL 60010
U.S.A.
www.gehealthcare.com/centricitybusiness
imagination at work
Trusted for over 40 years, Centricity Business is built on a core foundation of
enterprise-ready, high-performance, and interoperable revenue cycle capabilities.
Used by hundreds of leading healthcare providers, Centricity Business can help
users improve margins by lowering A/R days, meet emerging industry needs
with a highly flexible architecture, and help enhance patient care by seamlessly
interoperating with any EMR.
www.gehealthcare.com/centricitybusiness
Follow us on Twitter at www.twitter.com/gehealthcare
© 2012 General Electric Company – All rights reserved.
General Electric Company reserves the right to make changes in specifications and features
shown herein, or discontinue the product described at any time without notice or obligation.
This does not constitute a representation or warranty or documentation regarding the
product or service featured. All illustrations or examples are provided for informational
or reference purposes and/or as fictional examples only. Your product features and
configuration may be different than those shown. Contact your GE Representative for
the most current information.
*GE and the GE Monogram are trademarks of the General Electric Company.
*Trademark of General Electric Company
GE Healthcare, a division of General Electric Company
Social Media Links

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Centricity Business Brochure

  • 1. GE Healthcare Proven revenue cycle management supporting profitability in an era of healthcare reform.
  • 2. Healthcare reform is one of the biggest challenges the healthcare industry faces and will have significant impacts on revenue cycle processes and how you get paid. With Centricity Business, your institution can thrive during this industry shift and drive greater profitability, efficiency, and enhanced quality of care. Enterprise-ready Larger healthcare organizations require enterprise-ready revenue cycle solutions across their continuum of care. Centricity Business delivers these capabilities through: • Integrated inpatient and ambulatory revenue cycle management across multiple locations for improved transparency and efficiency • Support for multiple reimbursement models, including fee-for-service, capitation, pay-for-performance, and shared-savings for accurate reimbursements and greater profitability • Versatile, scalable revenue cycle tools and workflows to support operational excellence across the continuum of care, with flexible deployment options Enterprise-ready A proven, next-generation healthcare revenue cycle management solution that supports traditional and accountable care reimbursement models, Centricity* Business delivers proven revenue cycle performance. Profitability, efficiency, and enhanced quality of care
  • 3. High-performing Profitability is the name of the game in revenue cycle. Reducing waste and manual touch points to the revenue cycle is critical. Revenue cycle systems need to be high performing. With all the waste and inefficiency in the healthcare system today, Centricity Business provides numerous low-touch capabilities that remove manual touches to the revenue cycle. Solutions such as Enterprise Task Manager streamline and automate the revenue cycle. Additionally, Centricity Business connects your workflow with Centricity Electronic Data Interchange and Centricity Patient Online, tools that enable better performance, automation, and transparency in the revenue cycle. Finally, ROI speaks for itself—we have been in the business for over 40 years and our customers have proven revenue cycle performance. • Automated, exception-based workflows that provide faster, cleaner claims and accelerated revenue collection • Ability to manage increasing patient responsibility with integrated tools to manage patient access and revenue cycle processes • Proven financial performance – of the top 12 Top Performers in Faculty Practice Solutions Center Billing Office Survey1 – 13 of the 17 Best Hospitals in 2011-12 honor roll2 1 UHC & AAMC, FY10 Faculty Practice Solutions Center Billing Office Survey, June 2012 2 US News and World Report, Best Hospitals 2011-12: Honor Roll, July 2012 High-performing
  • 4. Interoperable Centricity Business enables healthcare providers to connect with virtually any EMR vendor in the market. Centricity Business empowers our customers to have choice and freedom to choose the systems that work best for their environment. • Revenue cycle management with clinical workflow integration to virtually any EMR • Standards-based connectivity enables freedom to choose your clinical system, while lowering total cost of ownership • Connect the enterprise and provide insights across clinicals and financials to drive improved care coordination and streamlined reimbursements Centricity Business allows you to drive new levels of patient service across your continuum of care by consolidating the revenue cycle, billing, and exchange of patient information. The ultimate result: your business can move faster than ever with improved profitability and efficiency and enhance quality of care. Interoperable “HIE is really changing the game—you need to be able to accept data and images from disparate systems. Centricity Business enables us to take data from anywhere. We receive radiology data, lab data, and clinical data from three different non- GE systems and are able to translate, load, and process that into our Centricity Business system with really good success.” Tim Jones, Manager of Clinical Information Systems, Medical College of Wisconsin
  • 5. Centricity Business Platform and Technology Foundation Centricity Business’s open, web-based approach minimizes the overhead of interfaces and allows organizations to adopt solutions that best meet their needs, to create a complete clinical and financial environment that supports optimal patient care. The approach centers on easy connectivity with other systems, devices, and equipment for more collaborative care delivery across the continuum. And we’re there to make that happen smoothly, with ASP or in-house offerings. Flexible An open, flexible approach
  • 6. Centricity Business supports healthcare revenue cycle in the following areas: • Low-touch billing – Improves ability to meet risks of growing self-pay patient population by reducing human touch across the patient- access and revenue cycle processes • Clinical connectivity – Drives real-time clinical and financial interoperability through tighter, closed-loop connectivity between Centricity Business and any EMR • Regulatory compliance – Provides organizations with native ICD-10 support two years ahead of the CMS mandated deadline of October 2014 • Better patient access – Streamlines enterprise-wide patient scheduling • Lower total cost of ownership – Reduces cost to implement, support, and maintain Centricity Business through virtualization Proven 40 years of proven revenue cycle capabilities Our long-term vision and close customer collaboration are dedicated to helping you continually meet the challenges of today’s changing healthcare environment. For over 40 years, GE Healthcare has been assisting healthcare organizations with their revenue cycle to help you keep your organization healthy today and tomorrow.
  • 7. Proven “Centricity Business has supported UI Health Care’s vision of creating an integrated revenue cycle for our hospital and physician practice plan by helping us create a unified patient statement for all patient encounters.” Ken L. Fisher, Associate Vice President for Finance, University of Iowa Health Care
  • 8. Scheduling appointments and procedures in healthcare is complex, as certain decisions may impact all subsequent actions. Centricity Business allows for streamlined, easy, and efficient scheduling of physicians and resources across your enterprise. Centricity Business helps you capture more complete and accurate patient information, and share it widely and easily throughout your enterprise. With convenient tools and easy, direct access to information, your schedulers and administrators can be more efficient. Access Management Schedule patients in seconds. Zip through arrival like never before. Engage patients with automated, easy tools. Help increase patient and provider satisfaction. Access Management More effective front-end management enables hassle-free service and enhanced information access. Advanced workflow features and smart technology—including flexible scheduling tools and online work lists— help increase staff productivity. Centricity Business also helps you optimize revenue cycle management from pre-arrival to payment posting. Smart tools to increase productivity and decrease days in A/R help you stay more profitable. “Management by exception” is a core design philosophy embedded throughout the solution, driving business process improvement by automating routine tasks that allow staff to focus on high-priority activities for faster issue resolution. Patient access tools streamline visits and offer greater convenience, for increased patient satisfaction. With the Centricity Patient Online portal, you can offer your patients 24/7 access to their health information— and extend your reach—for proactive care management. When you provide both patients and providers with swift, seamless access to services and easy verification of information about care, they feel more comfortable and confident working with you. GE Healthcare shares your commitment.
  • 10. Access Management “Our organization has saved not only time and resources with the automated workflows and low-touch billing aspects of Centricity Business; we have been able to create work lists that allow us to pass information between our practices and our central business office, so we can communicate a lot more efficiently.” Jose Rivera, Corporate Director Physician and Professional Services, Orlando Health
  • 11. To ensure a vigorous bottom line, you need to optimize the revenue cycle. There are two sides to the equation—you need to reduce inefficiency, errors, and waste, while streamlining processes and enhancing staff productivity. Centricity Business includes a robust set of accounting and workflow tools to help you positively affect key financial metrics like A/R days, cost to collect, and denial rates, while keeping your FTE-to-provider ratios low. With a focus on automation and a management-by-exception design philosophy, Centricity Business helps you better manage patient data and reduce insurance denials caused by common claims errors. Next-generation technologies improve workflow and increase staff productivity by automating key processes and prioritizing tasks requiring manual intervention. This approach helps accelerate payment collection and reduce administrative costs. Patient Financials Greater automation and flexibility. Better collection of self-pay balances. A solution that scales when you do. Overall improvements in your financial well-being. Patient Financials
  • 12. GE Healthcare provides patient billing tools that go beyond any other currently available revenue cycle management solution to enable a low-touch, high-return approach to managing your business. Key features include: • Patient liability estimator • Budget plans with re-occurring payments • Pre-payment workflows • Financial assistance • Point-of-service determination • Real-time claims adjudication Designed to improve your revenue cycle through automation and standardization, our EDI services combine expert management support with advanced integrated software to help you speed up the revenue cycle, increase productivity, and accelerate reimbursements. Centricity Business gives you the versatility you need to address evolving regulatory challenges and rapidly changing reimbursement models, while supporting your patient care and business needs. Patient Financials
  • 14. Patient Financials “Prior to our relationship with GE, we really had no idea what type of denials we had. Once we implemented Centricity Business, we became very exception driven and highly automated with great flexibility to add additional physicians very, very quickly into our infrastructure. That is huge as we have been developing our physician enterprise.” Keith Eggert, Vice President Revenue Management, Orlando Health
  • 15. Centricity Business–Informatics transforms complex data into meaningful, easy-to-understand information you can use to make critical decisions and resolve problems quickly. This integrated business intelligence suite provides flexible analytic tools that make it easy to quickly identify trends and issues. Easy-to-use dashboards highlight key performance measurements for quick analysis. They provide daily, weekly, or yearly measurements based on the information needs of specific users or departments. This puts actionable intelligence directly into the hands of those who can resolve problems and improve performance. Data points can be modified on the fly, and reports generated in seconds. You can access third-party information such as customer satisfaction scores, benchmarking data, and budget numbers for a more complete picture of practice performance. With Informatics tools from GE Healthcare, physician leaders and operational managers can spend more time productively analyzing data, and less time gathering it. Business Intelligence Easy-to-use dashboards. Visibility to trends and opportunities. Actionable insights. Business Intelligence
  • 17. Business Intelligence “On a daily basis, our dashboards, data mining capabilities, and compilation of information help every team member within our organization, from line staff to administrators. We all have access to information that is at our fingertips.” Jose Rivera, Corporate Director Physician and Professional Services, Orlando Health
  • 18. About GE Healthcare GE Healthcare provides transformational medical technologies and services that are shaping a new age of patient care. Our broad expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, drug discovery, biopharmaceutical manufacturing technologies, performance improvement and performance solutions services helps our customers to deliver better care to more people around the world at a lower cost. In addition, we partner with healthcare leaders, striving to leverage the global policy change necessary to implement a successful shift to sustainable healthcare systems. Our “healthymagination” vision for the future invites the world to join us on our journey as we continuously develop innovations focused on reducing costs, increasing access, and improving quality around the world. Headquartered in the United Kingdom, GE Healthcare is a unit of General Electric Company (NYSE: GE). Worldwide, GE Healthcare employees are committed to serving healthcare professionals and their patients in more than 100 countries. For more information about GE Healthcare, visit our website at www.gehealthcare.com. GE Healthcare 540 W. Northwest Highway Barrington, IL 60010 U.S.A. www.gehealthcare.com/centricitybusiness imagination at work Trusted for over 40 years, Centricity Business is built on a core foundation of enterprise-ready, high-performance, and interoperable revenue cycle capabilities. Used by hundreds of leading healthcare providers, Centricity Business can help users improve margins by lowering A/R days, meet emerging industry needs with a highly flexible architecture, and help enhance patient care by seamlessly interoperating with any EMR. www.gehealthcare.com/centricitybusiness Follow us on Twitter at www.twitter.com/gehealthcare © 2012 General Electric Company – All rights reserved. General Electric Company reserves the right to make changes in specifications and features shown herein, or discontinue the product described at any time without notice or obligation. This does not constitute a representation or warranty or documentation regarding the product or service featured. All illustrations or examples are provided for informational or reference purposes and/or as fictional examples only. Your product features and configuration may be different than those shown. Contact your GE Representative for the most current information. *GE and the GE Monogram are trademarks of the General Electric Company. *Trademark of General Electric Company GE Healthcare, a division of General Electric Company Social Media Links