Sunwave Health for Finance Departments

Sunwave Health’s Financial Management Tools Drive Efficiency and Growth

Sunwave Health simplifies your financial management, allowing you to manage accounting activities with ease and efficiency. By automating tedious tasks, you free up your time to focus on driving better financial outcomes for your organization.

Sunwave’s financial tools provide real-time data, helping you make informed decisions that improve your facility’s performance. Need to share financial information with investors or lenders? Sunwave Health’s Financials Module makes this process simple and effective, helping you secure the investment your organization needs.

As a finance director at a treatment center, you know how vital it is to have the right tools to optimize your operations. With Sunwave’s platform, you can streamline processes, increase efficiency, and ensure your facility’s growth.

If you’re ready for a next-generation solution that helps your financial department run smoother and more effectively, explore how Sunwave Health’s Revenue Cycle Management (RCM) can drive results for your organization.

group of three behavioral health executives discussing finance

Maximize Your Facility’s Financial Potential

When your facility isn’t collecting to its full potential, you’re leaving money on the table. As a CFO or a member of the utilization review team, small changes can yield big results—unlocking hundreds of thousands of dollars over time. The impact on your organization’s financial health can be transformative.

Hear From Our Clients

Hear From Our Clients

"The financial reporting tied to the patient journey is unmatched"

Behavioral Health Financial Management Tools Offer Security and Performance

Protect and Verify: Client Information, Medical Records, and Documentation

If your organization struggles with client information, medical records, or documentation not being signed or properly recorded, there’s a better way.

Storing critical patient data in non-compliant ways can expose your organization to financial risks—insurance denials, audits, or violations from CARF or JCAHO. Sunwave Health provides the tools to ensure your documentation is secure, accurate, and compliant, so you can focus on delivering the best care without the worry of costly setbacks.

With Sunwave, you’ll pass audits with confidence and eliminate risks from improper documentation or data security. Automating your critical patient information and medical records is straightforward when you have the right systems in place, backed by the latest in Electronic Medical Record (EMR) technology.

Improving Collections Performance

Improving collections performance doesn’t have to be complicated. With Sunwave’s behavioral health financial management tools, it’s effortless.

Sunwave is built on simplicity. With our unified platform, you can access real-time data from every part of your organization—without moving data between different systems. Here are a few ways Sunwave enhances collections performance:

  • Track revenue generated by admissions representatives.
  • Compare AMAs and revenue by month in a KPI report.
  • View detailed revenue data from all referral sources.

Having this data at your fingertips empowers your organization to make quick adjustments and drive improvements faster than ever.

Automatic Claim Generation

The Sunwave Health platform generates claims automatically for your organization, saving significant amounts of time and money compared to the laborious process of manual claim generation. If a service meets your requirements, the Sunwave system will automatically generate a claim with all of the appropriate information embedded.

This is done through the EMR and RCM systems, which work together to ensure the smooth operation of automatically generated claims. For example, if a patient is in 5 hours of therapy within a single day and there is an authorization, our system will automatically generate a claim correctly for PHP.

Consider how difficult it would be for your company to implement this functionality on your own, especially if you don’t already have a platform to build from. Sunwave can help ease the pain and provide significant time savings with all of your generated claims.

As the end-user of the Sunwave platform, you’ll be able to configure the procedures and policies of our automatic systems to follow the ones dictated by your organization. In short, automatic claim generation will significantly reduce the number of missing claims within your organization and provide a drastic reduction in effort.

Full Traceability of Changes

Sunwave has full traceability of all changes made within the platform, letting you see exactly what was modified and at what time. In a typical change report, you’ll be able to see who changed what, when they changed it, and precisely what the before and after changes look like.

Change traceability is critical for compliance and logging purposes. Having this functionality available to you directly from the Sunwave platform lets you rest easy, knowing that everything is managed and controlled.

Start Using Sunwave Health Today

We’ve discussed how valuable the award-winning Sunwave Health platform can potentially be to the financial departments within your behavioral health facility or substance abuse center. You’ll be able to instantly reduce the amount of money you’re leaving on the table by improving your collections, protecting and verifying client information, having complete traceability of all changes for compliance purposes, and using automatic claim generation to save time and reduce missed bills.

To learn more about how your organization can benefit from the Sunwave Health platform, schedule a demo with one of our experts today by calling 561.576.6037 or contacting us online.