#USA #Boca Raton #Revenue Cycle #Knowtion Health #KLAS Report

Knowtion Health Achieves High Ratings in KLAS First Look Report

Introduction
In a remarkable achievement for the healthcare revenue cycle management sector, Knowtion Health has received A grades in all key performance indicators according to the recent KLAS First Look report. This evaluation specifically highlights Knowtion Health's Coordination of Benefits (COB) solution, underscoring the company's commitment to enhancing patient engagement and overall financial performance for healthcare providers.

Achieving Excellence
The KLAS report revealed that healthcare providers reported significant improvements due to Knowtion Health's initiatives. Their innovative COB solution has streamlined processes that contribute to enhancing patient engagement, promoting cash flow on complex accounts receivable (A/R), overturning denials, and minimizing bad debt from unresolved claims. Furthermore, an impressive 100% of respondents indicated they would choose Knowtion Health’s COB solution again, exemplifying customer satisfaction and trust in the company's offerings.

Quote from Leadership
Erica Tingley, President and CFO of Knowtion Health, expressed, "We are passionate about helping providers tackle some of the more overlooked causes of revenue leakage, while also guiding patients through this complex process. The positive feedback reflected in this KLAS report indicates that our efforts have a beneficial effect on our clients and their patients, which is profoundly rewarding for our teams."

Combination of Technology and Compassion
Knowtion Health's COB solution stands out due to its unique integration of technology and human compassion. It employs advanced analytics, automated workflows, and patient advocacy to ensure increased revenue, elevated patient satisfaction, and reduced A/R days as well as denial backlogs. Their proprietary technology strategically scores and prioritizes claims, allowing for actionable insights and faster resolutions.

Client Testimonials
Client feedback featured in the KLAS report illustrates the strengths of Knowtion Health's services:

• - "The staff at Knowtion Health are exceptional. They truly understand our goals without needing constant reminders. Our interactions with patients about their services have been very positive, showcasing their strong customer service capabilities." — VP/other executive
• - "Knowtion Health excels in reporting. Their performance dashboards are user-friendly, and they effectively demonstrate monthly ROI along with trend analyses. Communication is one of their core strengths and sets them apart in the industry." — Director
• - "One key strength of Knowtion Health is their solid reputation within the industry. Additionally, having long-tenured employees means we don’t always have to adapt to new faces each month, which is ideal for ongoing collaborations." — VP/other executive

About KLAS
KLAS is a renowned research and insights firm dedicated to improving healthcare by gathering feedback from healthcare professionals to produce meaningful reports on vendors and their performance. They delve into various facets of the healthcare technology landscape, aiming to illuminate pathways for improvement through data-driven insights.

About Knowtion Health
Founded in 2008, Knowtion Health specializes in revenue cycle management, focusing on helping hospitals recover complex and unresolved patient balances. With a presence in over 550 hospitals across the nation, the company manages an outstanding balance of approximately $4.5 billion annually. It combines innovative technology with deep expertise to deliver impactful results for healthcare providers. Recognized by Inc. as one of the fastest-growing companies in the U.S., Knowtion Health continues to evolve and expand its innovative offerings under the backing of renowned partners.

Conclusion
With its latest recognition in the KLAS First Look report, Knowtion Health is poised to further redefine the standards of excellence in healthcare revenue cycle management, showcasing its dedication to both provider success and patient satisfaction. For detailed insights, the full KLAS report can be accessed here.