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Charge Recovery
CDM Management
Underpayment Recovery
Credit Balance Management
AR Analytics
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It is estimated that hospitals lose, on average,
1% of net revenue each year due to incorrect or incomplete
coding. Although revenue loss from charge capture and coding errors is
a widely known problem, historically healthcare organizations have not
been able to allocate the resources and advanced technologies required
to aggregate, research, and analyze the data in an efficient way to identify
missing charges.
Apollo’s predictive analytics provide
healthcare organizations with the needed advanced
statistics to automate the identification of missing
charges and deliver immediate actionable results. Apollo’s proven
algorithms analyze historical data to detect new trends and anomalies to
flag missed charges. In head-to-head tests Apollo has proven its predictive
analytics identify more missed net revenue opportunity than manual audits
or static rules-based software. By leveraging Apollo’s Revenue
Recovery Solution, healthcare systems are now able to more proactively
prevent charge capture leakage, resolve process inefficiencies, and
improve coding compliance.
Apollo’s Charge Recovery Solution:
Identifies missed revenue
Scores all new accounts daily
Detects systematic coding errors
Provides online work-drivers
Improves compliance
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Whitepaper
Apollo's Solutions are delivered as Software as a Service (SaaS), alleviating hospitals with the burden and cost for hardware, software maintenance, and ongoing operations and support.
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