HealtheReferrals Description
Nearly half of healthcare executives stated that patient leakage cost them 10% to 20% of their annual revenue. One in five executives claimed it cost them more than 20%. You put in a lot of effort to ensure your patients' satisfaction and your revenue. To generate both fee-for service (increased utilization) and risk-based income (managing care quality, gap closure) it is important to keep referrals in your network. One in three primary care visits results in a referral. Many referrals today are based on personal relationships. HealtheReferralsSM is a tool that helps providers expand and retain patients in any EHR or payer. The product guides patients to the best in-network providers using a configurable patient-provider matching algorithm. This algorithm considers factors such as specialty, insurance network, location, and network affiliation.