Alpha Systems Announces New Division, Alphalytics™
Predictive Analytics Solutions for Denials Prediction and Revenue Risk Mitigation
HUNTINGDON VALLEY, PA, August 11, 2014 — Alpha Systems, a leading and trusted provider of healthcare data and document management solutions to major hospitals and integrated delivery networks (IDNs), today announced a new division, Alphalytics. According to Brett Griffith, president of the Alphalytics Division, “Alphalytics pinpoints denials-driven revenue risk and predicts future revenue leakage thereby enabling revenue cycle executives with timely visibility into the root causes of denials to prevent them from occurring and to recover lost revenue. Unlike other revenue cycle denial management software applications that are based solely on historic business intelligence, Alphalytics uses advanced predictive analytics to rapidly and automatically uncover hidden revenue risks that otherwise go undiscovered.”
Leading Alphalytics’ product strategy is Dan Williams, Director of Revenue Cycle Analytics. With over 17 years in financial management leadership positions at several prominent healthcare systems, Mr. Williams is an HFMA Certified Healthcare Financial Professional and currently serves as co-chair for the Philadelphia HFMA Revenue Cycle committee. According to Williams, “Alphalytics is built to respond to the growing underpayment epidemic. Alphalytics’ tools and payer benchmarking capabilities will help revenue cycle management and their teams and to level the playing field with payers and thereby improve the financial health of their institutions.”
For more information about Alphalytics’ web-based denials avoidance SaaS solution visit www.alpha-sys.com/predictive-analytics/alphalytics or call 800-732-9644.