nThrive Analytics Contract Analyzer provides deep visibility into payer performance versus contract expectations. Users clearly see performance by contract for key metrics such as yield percentage (actual to expected) and payment variance percentage (variance to expected) while viewing dashboard trends over service month and filtering to quickly narrow down root causes. This deep access ensures payer payment accuracy as well as strength of negotiated payer terms.
Contract Analyzer allows the user to quantify and assess the financial impact of contracts by breaking down net revenue estimates at service type and service line levels. Through its payer report card view, it delivers a macro view of performance across all contracts with metrics such as average days to pay, expected payment, and patient responsibility. Contract Analyzer helps hospitals and health systems strengthen and protect their revenue streams through analysis of overall contract performance as well as possible service line additions.