ISG Launches First-of-its-Kind Contract Framework for Revenue Cycle Management
Contracting and deal structure leverages AI and industry best practices to save
The ISG offering is the first standardized contracting framework for
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The ISG approach makes revenue cycle management contractable, measurable and governable. With a portfolio that includes reusable, industry-leading templates, clause libraries, KPI and SLA catalogs, real-time market benchmarks and a staged process that spans strategy, transition and ongoing governance, the ISG revenue cycle management framework can help healthcare providers reduce rework and staffing costs, ensure compliance and improve financial stability.
It also leverages AI-based platforms and services to manage administrative tasks and increase efficiency, which can save healthcare organizations nearly 50 percent of their operations costs and drive millions of dollars in increased net patient revenue. In recent client engagements, the ISG revenue cycle management framework saved a children’s healthcare system
“U.S. healthcare providers are entering a period of intensified financial and operational pressure, making revenue cycle performance a must-have,” Burke said. “Properly structured, negotiated and governed revenue cycle transformation agreements have been proven to build structurally lower-cost enterprises that can fund transformation through self-generated savings.”
ISG is the world’s leading sourcing advisor and the industry pioneer. Working with global companies, including many of the largest
Additional information on the ISG revenue cycle management solution is available here.
About ISG
ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world’s top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments.
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