Intelligent Revenue Cycle

Happy Patients. Healthier Businesses.

We address the revenue cycle challenges before they become a challenge, right from the scheduling!

Right from helping patients understand the acceptance of their insurance payor & plan, to checking their eligibility, estimating the potential cost of care, and motivating the patients to pre-pay or paying timely, we ensure revenue cycle wouldn't get into a challenge at all.

 

45%

Increase in prepayment of bills through transparent & personalized estimate

65%

Improvement in Net Promoter Score through removing the surprise in bills

24%

Reduction in Bad debts & uncompensated care in the High Deductible health plans 

Features of Praktice Intelligent Revenue Cycle

Insurance Acceptance

The truly convenient way to check the insurance acceptance in seconds, not between 8 AM and 5PM on weekdays by spending hours...

Personalized for your organization's data

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Eligibility Verification

Instant real-time insurance eligibility verification for over 90% of the insurance payors and plan combinations, personalized to the patient..

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Price Transparency

The most Intuitive Price transparency tool for patients to get an overview of their medical bill for common procedures and estimating the copayment amounts, in turn reducing claim denials...

Bill Prepayment

An advanced AI algorithm to estimate the accurate bill amount for most common procedures and motivating patients for a part or full pre-payment of medical bills to reduce uncompensated care and bad debts

How Praktice.AI's solution is Unique?

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Conversational AI

All our offerings are powered by a unique conversational AI framework that make it intuitive & natural for patients to engage with

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Care Triaging

Our Revenue Cycle solution is tightly knit with our medical triaging algorithm that understands the care need accurately

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Comprehensive

Our platform has a comprehensive understanding of payors & plans with a detailed view of the plan benefits

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Price Transparency

Our AI understands the medical procedures that are part of HCPCS & CPT® and an ability to identify the cost estimate accurately

Secure and trusted
 

Praktice AI’s platform meets the highest certification standards for data security, privacy, and integrity, keeping your data safe.

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CERTIFIED

We’re SOC-2 certified, HIPAA-certified, and independently audited on a routine basis.

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COMPLIANT

Our platform is compliant with HIPAA, STU-3 & IHE profiles, and we’re a trusted partner to most major EMRs.

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VETTED

We’ve gone through rigorous security certifications from government agencies and other leading healthcare organizations.

Want to see the solution in action?

Get a personalized demo for your organization