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Rivet Reviews & Product Details

Rivet makes managing insurance reimbursement easier and more productive while helping to drive revenue acceleration for an organization. As the leading financial diagnostic and operations RCM platform, Rivet offers a suite of differentiated solutions unlike legacy healthcare IT to empower practices to level the “paying” field. With an intuitive and modern design, purposely built for healthcare, Rivet delivers what we feel member RCM professionals need: - Claims analytic dashboards to provide the RCM answers that help build a business - with no digging required - Accurate net revenue forecasting tools to drive clearer financial health and decision making - Robust payer contract management to serve as a sturdy backbone for reimbursement - Payer rate benchmarking available down to the TIN to know how your rates compare - Contract and fee schedule scenario modeling to maximize the payments that matter - Automated GFE compliant eligibility & estimate tools*for increased upfront collection - Auto-detection and AI-driven underpayment prioritization for payment variances to solve systemically and avoid them in the first place -Revenue recovery workflows for denials that maximize speed, accuracy and productivity

Seller

Rivet

Languages Supported

English, Spanish

Product Description

Rivet is a comprehensive healthcare revenue acceleration platform designed to enhance financial transparency and operational efficiency for medical providers. By integrating with existing electronic health records and practice management systems, Rivet offers a suite of tools that streamline revenue cycle management, enabling providers to deliver accurate patient cost estimates, manage payer contracts, and resolve claim denials effectively. Key Features and Functionality: - Patient Pricing: Automates eligibility checks and generates accurate, Good Faith Estimates compliant with the No Surprises Act, allowing patients to understand their financial responsibilities upfront and facilitating prepayments. - Payer Performance: Centralizes payer contracts, offers benchmarking against competitors, and provides tools for contract modeling and renewal management, ensuring providers can negotiate favorable terms and detect payment variances efficiently. - Revenue Diagnostics: Delivers real-time revenue forecasting and analytics, offering insights into financial health, cash collection, and claim adjudication, enabling proactive management of revenue streams. - Claim Resolution: Simplifies denial management with customizable worklists, batch workflows, and timely filing alerts, expediting the appeals process and improving recovery rates. Primary Value and Problem Solved: Rivet addresses the longstanding challenge in the healthcare industry of providing clear, upfront cost information to patients. By offering accurate cost estimates and enhancing transparency, Rivet improves patient satisfaction and trust. For healthcare providers, Rivet streamlines revenue cycle operations, reduces administrative burdens, and accelerates cash flow, ultimately leading to a more efficient and financially healthy practice.

Overview by

Geoff Andrews

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Rivet Media

Rivet Revenue Diagnostics offers key insights, such as revenue projection, cash flow, and claim adjudication in visually driven, flexible dashboards to accurately make the smartest moves and the best investments.

Rivet Payer Performance simplifies and strengthens payer contract management while delivering comparable benchmarking and the automation of underpayment detection to facilitate revenue recovery in record time.

Rivet Patient Pricing lets you cut through the confusion of Good Faith Estimates, deliver a better patient experience, and supercharge your A/R with Rivet's patient payment estimator software.

Rivet Claim Resolution can speed your claim appeals right out of the box. As a strong healthcare denials management system, you'll help your team work denials smarter and create documented, scalable processes to get more done.