One tool. Faster answers.
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Sagex is one tool to connect the dots between revenue cycle, finance, and reimbursement that requires no build and no maintenance.
We provide your team with the analytics they want to understand revenue in one easy to use and pre-designed collection of revenue related analyses.
Sagex provides data-driven answers rather than assumptions to more accurately monitor, project, and reserve cash without the need for data teams, coding/developers, IT support, or hours spent buried in spreadsheets.
Oftentimes, finance has to rely on other departments or resources to explain data issues or trend variances, which lead to unverifiable assumptions. ​
What we do
Scrub and sort
single-source data
Sagex, which is secure and cloud-based, gathers, cleanses, organizes, and houses a single-source data set that can be extremely difficult to replicate using existing reports, business intelligence tools, and other platforms.
Analyze the data using pre-built proprietary tools
Sagex monitors what matters to optimize cash. By automatically organizing the single-source data, we are laser-focused on connecting insights that are typically buried in the data.
Validate assumptions
and create inputs
Sagex generates analyses using methods like distributions and time series to provide clear and insightful information about your business.
We help you answer the time-consuming questions you have about your organization's financial health and take you from "best guess" to "knowing the answer" to drive effective decision making.
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How quickly are we being paid by each payor?
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What percentage of our revenue is paid or denied?
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How do we calculate net to gross?
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Do we have refined reserve methods applied to the AR?
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Do we know how much we are owed contractually?
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Do we know how our vendors/partners are performing?
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Are our denials considered contractual adjustments?
Why you need us
1. Validate assumptions used for financial analyses and modeling
Sagex eliminates hours of your team's time that is spent on manual reporting, manual downloads, complicated formulas, and variations in data definitions to build A/R reserve, payment variance and collection rate analyses.
2. Support month-end-close and quarterly true-up
Enhance visibility into the cash flow at both the tactical and strategic levels so that you can manage your contract terms, monitor the expected cash results and ensure the analyses reflect actual performance.
3. Stay informed and identify problems early
Lead by example to set initiatives and to create value with data-insights aligned with meeting the organization's expectations without depending only upon unverified assumptions to coordinate between functions and departments.
How we do it
Our proprietary data engine ingests your data and automatically cleans, groups, and maps it.
The data is then transformed in our analytics engine, which was built by industry experts who have sat in your seat. The outputs are presented as both "interpretations" and "recommendations" and put into a report that can be easily integrated by your team.
All we require is a daily feed of your remittance files to a secure site that Sagex hosts. We do the rest.
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NO spreadsheet maintenance
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NO waiting on the IT department
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NO EHR/Billing System reports required
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NO engineer or data scientist needed