Firstsource Life Sciences Cloud
Accelerate speed to therapy, improve patient experience, drive revenue excellence
Cloud-first services for accelerated value
Enhancing the patient experience and driving innovation lies at the heart of delivering value-based care. Firstsource Life Sciences Cloud helps Medical Device Manufacturers and DME companies accelerate digital transformation to achieve these objectives.
At the front end, our Cloud-first solutions and services help Medical Device Manufacturers and DME companies to enhance patient engagement – across pre-service, eligibility and benefits validation, financial assistance, collections and denial management – improving patient satisfaction and experience. At the back end, they power mission critical operations and drive data management at scale.
Scalable and easy to implement, you can operationalize our solution within a matter of weeks. The Cloud offering includes a business analytics layer to deliver actionable and contextual intelligence when and where it’s needed, optimizing decisions and maximizing impact.
Of the $372 billion spent on administrative complexity in the United States healthcare system, $39 billion, or 10 percent, is spent conducting administrative transactions tracked by the CAQH Index
Source : CAQH 2020 IndexA survey of more than 1,000 physicians found that more than 90 percent of respondents said prior authorization “had a significant or somewhat negative clinical impact, with 28 percent reporting that prior authorization had led to a serious adverse event such as a death, hospitalization, disability or permanent bodily damage, or other life-threatening event for a patient in their care.
Source : AMA Prior Authorization SurveyAmong clinicians, burnout is associated with job demands related to workload, time pressure, and work inefficiencies, such as burdensome administrative processes which divert clinicians’ attention away from patients and detract from patient care
Source : National Academies of MedicineUnlock the power of Cloud
The next-gen Firstsource Life Sciences Cloud solution includes an entire stack of digital-first order submission, insurance verification, prior authorization, patient self-pay and payer reimbursement services.Â
It is specifically designed to help medical device manufacturers and DME companies accelerate speed to therapy, improve patient’s experience throughout the engagement lifecycle, provide all coverage options, simplify financial assistance and drive revenue excellence.
The solution aims to build a stronger financial foundation for clients while patients experience peace of mind about how to access and pay for care.
Explore our offerings
Insurance Verification
Pre-Service Solution
Prior Authorization Services
Pre-Service Solution
Insurance Discovery
Pre-Service Solution
Financial Assistance Screening
Uncompensated Care
Finance Assistance Enrollment
Uncompensated Care
Digital Document Submission
Collections and Denial Management
Accelerate outreach and electronically gather supporting documentation to fast-track processing from Payers.
Digital Document Submission
Collections and Denial Management
Accelerate outreach and electronically gather supporting documentation to fast-track processing from Payers.
Receivables Workflow Platform
Collections and Denial Management
Patient Engagement Platform
Patient Self Pay
Pivot to Intelligent Automation
Healthcare Provider systems are already under pressure from exploding administrative costs, growing staff burnout, and evolving patient expectations. It’s time to challenge the status-quo with Intelligent Automation. Intelligent Automation marries Process mining with Visual Dashboards, Predictive Analytics, AI & ML to drive enterprise-wide process transformation, innovation and growth.
Explore insights
Global healthcare supply chain company sees 10X growth in processing volume of purchase orders
Let’s get started
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Share business inquiries below. Looking for something else?
Check out job applications and for employee reference checks.