Waterlabs AI is a total workflow based, technology driven solution. Our foundation is built on the highest level of metrics in terms of exceeding customer expectations by focusing on service quality. Our innovation-driven approach and thought leadership has enabled us to grow much faster than the market. We have built a global delivery model to ensure predictable outcomes and reduction in cost and time, while maintaining the highest software engineering quality and standards. We specialize in delivering customized solutions that use sustaining and next-generation technologies to ensure your business stays one step ahead of the competition.
We have considered the five most important proven metrics you should be tracking to grow your healthcare business.We like to compare our performance against industry standards in some of the most critical performance metric categories.
Clean Claim Rate
Waterlabs AI Benchmark
>90%
Industry Benchmark
77%
Net Collection Rate
Waterlabs AI Benchmark
>92%
Industry Benchmark
90%
Denial Rate
Waterlabs AI Benchmark
<7%
Industry Benchmark
12%
AR Days
Waterlabs AI Benchmark
<35 Days
Industry Benchmark
45 Days
AR Over 90 Days
Waterlabs AI Benchmark
<15%
Industry Benchmark
20%
AR Follow Up TAT
Waterlabs AI Benchmark
<2 Days
Industry Benchmark
45 Days
Claim/Charge Lag
Waterlabs AI Benchmark
<72 Hrs.
Industry Benchmark
98 Hrs.
Patient Statement lag
Waterlabs AI Benchmark
>24 Hrs.
Industry Benchmark
72 Hrs.
Coding quality
Waterlabs AI Benchmark
>98% DPU
Industry Benchmark
96% DPU
WATERLABS AI TECHNOLOGY
Technology Enabled Quality Confidence Culture
Transform RCM™ understands your need for accelerating your cash flow. Therefore, it helps you with ready-to-use, built-in intelligence. The automated work allocation and prioritization save you considerable time to focus on core activities. Advanced analytics, real-time performance metrics, and intelligent cluster analysis enable accurate decision-making consistently. Customizable solutions, Real-time clarification, and Re-work assistance add efficiencies in a real-time environment.
Planning
Advanced inventory Analysis
Advanced analysis process for maximum efficiency and insights
AI-Enabled Work allocation
AI-Enabled work allocation system based on client's priority and team strength
Client Focused Audit
Focused audit as per client's priority through automated sampling mechanism
Maximum Transparency
Transparency of delivery metrics
Control
Realtime BI Analytics
Realtime BI analytics of KPIs (Productivity, Quality and TAT)
Realtime Assistance
Realtime clarification and team assistance
Automated Reports
Automated custom reports and alerts as per schedule
Easy Governance
Color coding mechanism for easy governance
AI Trend Analysis
AI Enabled trend analysis for mass resolution
Improvement
AI Denials Advanced Analytics
Advanced analytics of the AR denials and solutions to fix them at the sources
Training AI Engine
Continuous training of AR AI Engine for maximum efficiency gain
Payer Access
Continuous expansion of payer access for maximum efficiency gain
Cash cycle communication system
Reduced Claim to Cash cycle through instant interdepartmental communication system
AI Trend Analysis
AI Enabled trend analysis for mass resolution
Advanced Time Analysis
Advanced time analysis for continuous improvement in productivity
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