Contract Management
Manage payer contracts, claims and payments
A typical organization with $350M in commercial contracts sees an ROI of 348% using Axiom Contract Management see your potential ROI
Maximize Patient Revenue
Our contract modeling and analytics software helps organizations predict and manage payments, using a data-driven approach for improved payer negotiations. Estimate net revenue by patient and better manage contracts, claims, and payments.
“In the past, performing a payer review was a very manual process,” Levinson said. “We compared actual payments to charges and did all of the analysis in Excel. With Axiom’s help this time, we were able to look at the whole picture very easily.”
JEANINE LEVINSON
Director of Budget and Reimbursement, Sturdy Memorial
Solution Capabilities
Accurate Contract Modeling
Perform ‘what-if’ modeling against proposed changes in a payer's contract terms to understand financial impacts and maximize your net revenue. Be informed when entering contract negotiations. Our solution makes it easy - define a contract model or clone an existing one, edit the contract terms as needed, apply the model to a defined patient population via your historical claims, and compare the results.
Profitable Payment Compliance
Monitor the variance between actual payments versus expected to maximize revenue. Our solution allows you to monitor each payer’s payment performance against contract terms using actual claims to get accurate expected payments for the patient population.
Efficient Denials Analysis
Improve the revenue cycle process and shorten time to payment by identifying and solving the root causes of denials. Quickly resolve denied claims and increase productivity in patient accounting by leveraging workflow management tools to focus follow-up efforts on the highest value claims.
In today’s healthcare climate, every dollar counts. See how you can improve your management of contracts, claims, and payments.
No. 1 in Contract Management — for 2nd straight year
Verified by Independent, Third-Party Surveys
Black Book Research recently recognized several No. 1 user satisfaction rankings for Axiom Software solutions, including Axiom Contract Management.
Featured Resources
How to Model Healthcare Contracts to Maximize Revenue
A recent survey found 41% of healthcare leaders believe the pandemic will push the industry toward value-based care contracts. Learn how to model these contracts.
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5 Overlooked Strategies to Streamline Healthcare Financial Management
Hospitals and health systems at every stage of COVID-19 response are experiencing significant financial and operational disruptions from the pandemic. A recent American Hospital...
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3 Data-Driven Processes for Maximizing Healthcare Revenue
As margins tighten, you need to get back to basics. Our ebook outlines examples on how you can effectively use your hospital data to maximize revenue. Download it now!
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