4 Ways Healthcare Organizations Can Establish Partnerships to Drive Innovation

With public and private healthcare spending significantly outpacing that of other countries, U.S. hospitals face intense pressure to find new ways to capture greater value. More and more, organizations are finding that partnerships with existing vendors can help unlock next-level…

The SSI Group Achieves Phase IV CAQH CORE Certification

The CORE Certification Seal was awarded after The SSI Group successfully completed a thorough and independent testing process and a subsequent application review. This ensures that providers can gain access to a richer set of consistent and accurate electronic

Free access to the KONZA nationwide health information exchange platform to combat COVID-19

KONZA and The SSI Group announced today that during this unprecedented national emergency, the KONZA health information exchange platform is available at no cost for new members/participants to assist health care providers across the nation in combating COVID-19. KONZA is a nationwide health information network that electronically connects over 10,000 health care organizations to share critical patient medical records.

The SSI Group Names New President and CEO

The SSI Group, a leader in financial performance solutions for providers and payers, is pleased to announce that Diana Allen, Ph.D., a healthcare executive with more than two decades of revenue cycle experience, has been named the new president and CEO of the company.

The SSI Group Named Top Performer in Revenue Cycle Claims Management Software by KLAS

The SSI Group, a leader in financial performance solutions for providers and payers, today announced it has been ranked No. 1 for revenue cycle claims management software by KLAS in the 2020 “Best in KLAS” report, receiving a score of 93. The Category Leader designation is based on a review of interviews conducted with more than 30,000 payers and health systems.

The SSI Group Announces New Machine Learning

The SSI Group (SSI), a leader in financial performance solutions for providers and payers, today announced a new predictive analytics capability that uses machine learning to predict when provider clients will receive payments from payers, within a few percentage points.

The SSI Group Announces New Machine Learning Capability Allowing Hospitals and Health Systems to Predict Payer Remittance

06.24.19 • Press Release

The SSI Group (SSI), a leader in financial performance solutions for providers and payers, today announced a new predictive analytics capability that uses machine learning to predict when provider clients will receive payments from payers, within a few percentage points.

Several SSI clients are already using this new capability, which further increases the degree of accuracy through machine learning. Unlike competitors, SSI aggregates all remittance data that comes through the company’s clearinghouse and builds patient encounter logic for each patient, giving clients a full view into what is happening.

“SSI is committed to equipping clients with essential financial information by providing leading edge machine learning technology,” said Eric Nilsson, CTO at SSI. “Without predictive analytics, hospitals and health systems are left guessing when they will receive payments. Our software allows these healthcare organizations to determine when they can expect to get paid – down to the day and time.”

Without a predictive analytics solution like this, hospitals and health systems must manually build their own, less accurate spreadsheets to predict when they will receive claim payments – equating to several hours of staff time per month. Now, with SSI Claims Analytics, clients access an easy-to-read graph that predicts when they will get paid for the claims they’ve submitted. SSI makes predictions on a wide variety of claim payments including institutional, professional, in-patient and out-patient claims.

“Using SSI has helped give us more visibility into information we use to drive our business. Knowing when, and how much, we will get paid is of the utmost importance,” said Christopher Richmond, Manager, Business Office Services at Northside Hospital. “With this tool, we’ve reduced both manual efforts and uncertainty in understanding our cash expectations.”

Currently, SSI Claims Analytics provides predictions on claims remittance payments, but SSI plans to expand and offer predictive analytics for claim denial rates and audit rates in the future.