Revenue loss caused by manual processes and ineffective medical financial aid management.
Escalating numbers of denials from health insurance companies.
Difficulty accessing thousands of financial aid programs due to inconsistencies in health system processes.
Number of Patients Assisted
With an estimated annual patient volume of approximately 25,000, around 17,500 patients may qualify for financial assistance. Our technology streamlines the application process by efficiently submitting these applicants across more than 2,000 programs.
Financial Aid Awarded
Depending on your patient insurance mix and number of beds, a rural hospital can anticipate cost savings of up to $1 million within the first 12 months of implementation
Percentage of Bad Debt Reduced
Hospitals can expect approximately a 5% reduction in bad debt, representing the proportion of unpaid patient bills that have been successfully minimized.
Percentage of NPR Increased
Hospitals on average 0.04% can expect an increase in Net Patient Revenue (NPR), the total revenue from patient services after deducting discounts, contractual adjustments, and bad debt, reflecting a hospital’s actual income.
