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Blog PostsReporting & Benchmarking

DOCTRIX : Real-time Revenue Cycle Insight

By April 12, 2018September 12th, 2023No Comments


DOCTRIX® is SYNERGEN Health’s cloud-based analytics solution that identifies complex health care revenue cycle gaps and trends by providing fine-tuned financial data analysis reports through at-a-glance executive dashboards. The DOCTRIX solution is tremendously powerful, unusually feature-rich, and its user-friendly dashboards are accessible in seconds via both desktop and mobile devices of all kinds. Below are a few of the key features:

  • The Dashboard – DOCTRIX’s Dashboard offers an easy-to-grasp snapshot of overall practice performance. Its analysis on key performance indicators (KPIs) related to average charge per case, deposits and accounts receivable aging, to name a few, makes it simpler to produce forecasts, make important decisions and improve the overall profitability of your practice. The Dashboard even provides an assessment of the value of your current patient relationships.
  • Denial Trending – The Denial Trending tab in DOCTRIX gives your organization an in-depth analysis of all the denials you have received. By using the drill down feature, you will be able to identify and quickly decipher what the denial is and who is denying it. This feature enables you to efficiently eradicate a majority of the denials, thus improving your clean claim rates.
  • Reimbursement Analysis – DOCTRIX monitors all reimbursements by month, payor and procedure code. The analysis compares how much each of your payors reimburse based on procedure code, as well as giving your practice the ability to easily determine if you are actually collecting the correct, contracted amounts.

Through advanced analytics, artificial intelligence and machine learning, DOCTRIX not only better equips health care organizations in triaging, but also proactively helps streamline and increase efficiencies.

DOCTRIX utilizes key performance indicators, industry best practices and over 500 proprietary algorithms to benchmark your practice’s revenue cycle gaps. It provides on-demand insight into an organization’s financial ecosystem in ways that help increase productivity, and since it’s cloud-based, there’s no hardware or software to maintain. With DOCTRIX, you’ll be able to generate the revenue essential to the viability of your practice, enhance patients’ experience and enable financial success.