Over 90% of healthsystem revenue is touched by an outside vendor partner…who is watching them on your behalf?
Maximize Vendor Performance…Increase Revenue, Reduce Costs
More Personal – More Nimble – More Experienced
“BlueLyte has allowed IHSS members to manage our vendor partners to ensure contract compliance, increased visibility on quantitative and qualitative performance through the use of BlueLyte’s state of the art vendor management technology and their professional consultive resources.”
Charles B. Meadows
President & CEO / Indiana Hospital Shared Services LLC
About BlueLyte
BlueLyte is a revenue improvement company that specializes in vendor excellence and cost reduction through real sustainable solutions.
The Bluelyte team is a highly experienced, hands on group of professionals, who are committed to driving excellence for your organization. Our team has real life expertise when it comes to revenue cycle vendors of all types and knows exactly how to achieve world class performance at the best possible cost.
Your vendors touch a huge portion of your revenue, put a safety net in place!
No matter your budget, no matter your size or scope, BlueLyte has a solution that won’t break the bank.
What do we bring to the table?
Collaborative approach with your vendors
BlueLyte doesn't alienate your vendors, we engage them, treat them with respect and take the time to understand their model. The vendors we work with actually refer us to their clients because they get an honest 3rd party evaluation on their business that helps them be a better partner for their clients.
Improved vendor performance
Vendors have many clients. Ultimately our job at BlueLyte is to ensure that YOU are a priority for the vendor partner over other health systems, sounds simple but it takes lots of engagement. Our constant engagement and feedback ensures that your organization gets the resources and attention it deserves over other health systems. The reality is - - you are competing for resources within your vendor partners, we make sure you get them.
Cost reducing strategies
Ripping up vendor contracts for a cheaper rate isn't what we do. We make sure you're paying industry competitive rates, work to fine tune agreements, and show you how to modify your placement strategies to save millions. Some in this business take the easy way to attain short term savings , we look at the big picture for long term savings. Huge difference to your bottom line.
Revenue in Motion, Advisory and Strategy Design
One of the most powerful and effective cost savings we bring to your organization is the ability to identify REVENUE IN MOTION. Health systems pay huge fee expenses to their vendors even though the revenue was already in motion before the vendor took custody of the account. Only BlueLyte's technology can identify these dollars. We can show you how to adjust your placement strategies and fine tune your agreements to help you save MILLIONS.
A deep bench of proven vendors when change is needed
Our first goal always is to help a vendor that you've chosen as a partner to be successful even if they're struggling, we'll do everything in our power to get them on track. When that can't happen, rest assured that BlueLyte has a deep bench of proven high performance vendors in every area of the revenue cycle at competitive rates.
A toolbox of technology solutions to sustain performance
BlueLyte has the hands down most sophisticated vendor evaluation tool and analytics tool in the industry. We develop everything in house, nothing is offshored or outsourced. Our nimbleness and flexibility means that we can fit your exact needs, no big off the shelf box solutions here. We'll wrap an easy to use technology suite around, targeted to your needs to make your life easier.
Invoice Auditing
Only BlueLyte can and will audit every single vendor transaction across all vertices to ensure there are no duplicate charges between vendors and there is 100% contract compliance.
Chain of custody
Only with BlueLyte can you see every single action, touch and transaction by every vendor. In chronological order you'll be able to see every action taken on a patient account across multiple vendors.
Normalized Reporting
Vendors supply all kinds of colorful, impressive reports but how do you know you're seeing the whole picture. Blluelyte will normalize all reporting across all vendors so that your team can get one true look at performance all in the same format giving your team total confidence in the data.
3 Ways to protect
your organization’s Revenue Cycle
Sure Audit
BlueLyte technology audits every transaction on your vendor invoices comparing them to the contract and checking for duplicates across your vendor landscape. This is a very affordable way to make sure you’re not overpaying. BlueLyte will also audit your contract SLAs showing you account by account if the vendor is meeting work standards. We charge a nominal fee per vendor with the potential for huge savings.
Vendor Toolbox
If you’ve already got a vendor management team, we can make them much more proficient and effective with our proven set of technology tools. Our tools put the entire vendor landscape at their fingertips from an auditing, normalized reporting, and trend analysis perspective. Your team will have the ability to evaluate from a high level all the way down the account level to evaluate performance, sla adherence, work efforts, etc. Give your team the tools they need to soar! We charge a nominal fee per vendor and you can scale at your own pace.
Concierge Vendor Management Service
Want to focus on your core business and leave the vendors to an expert? BlueLyte is the ultimate solution to outsource your vendor management.
Let our subject matter experts work with, manage and collaborate with your vendors to ensure top level resource assignment, performance and compliance. We do all the heavy lifting and keep your leadership fully informed and confident in how your vendors are performing. Our Concierge engagements are custom designed for your health system and won’t break the bank.
We’re different
Nimble and Flexible. To be a true trusted partner, we have to be able to make adjustments and fit the immediate present needs of our customers. One size does not fit all in revenue cycle. Clients have unique pain points and they need targeted solutions, not a big box, generic approach.
More Personal. When you work with BlueLyte you have experienced C-level executives at your fingertips who have years of experience to draw upon. When you have problems, you need experts, not recent graduates.
More experience. To fix problems, you need to understand them. The BlueLyte team is a diverse group of executives from health systems and from various vendor disciplines. Whether it’s Early Out, Insurance Discovery, Medicaid, Denials, TPL, Bad Debt, etc. We have the real life experience to answer the call.
What Health Systems and Vendors are saying about BlueLyte
Chad Bills
VP Revenue Cycle, Community Health Network
Charles B. Meadows
President & CEO / Indiana Hospital Shared Services LLC
Cynthia Gonzalez, CPC
Corp PFS Director, Parkview Health
Astrid Blackmon
Sr. Vice President and Chief Revenue Officer - USCB America
USCB has had the privilege of collaborating with BlueLyte over the past several years. Their expertise and deep knowledge of the healthcare revenue cycle are exemplified by their exceptional leadership. BlueLyte has consistently exceeded our expectations with their advanced tools and insightful performance analytics.
For any organization in the healthcare sector seeking a robust vendor management support system, I highly recommend connecting with BlueLyte. They deliver outstanding service, proven results, and unparalleled professionalism.
BlueLyte is not only easy to work with but also excels as a collaborative partner. They have a remarkable ability to align diverse revenue cycle objectives and goals, driving significant improvements in overall performance.
Jennifer Taylor
COO | Healthcare Chaos Management