How Much Money SHOULD You Be Making?
Revenue Cycle Management (RCM) is complex, but we have utilized our experience with medical billing and a little machine learning (a form of artificial intelligence or AI) to collect more money for you.
Everyone knows that you lose money somewhere in the RCM process, but can you tell how much and from where?
Don’t fight payers blindfolded. Obtaining data has always been difficult, and even when attained, integrating the data for comparison has been tough. Companies “benchmarking” struggle to produce any actionable, valuable results. Therefore, no one can help you see how much money you should be making…until now.
Apache Health has developed specialty-specific analytics that provide the info needed to make wise business decisions in revenue cycle management.
Revenue Cycle Management (RCM) is very challenging. There are endless variables, individuals, departments, and technologies involved, and it can be almost impossible for you to know if your your billing department or medical billing company is maximizing your collections. We use analytics to breakdown where your practice is losing money and how to implement a strategy that fits your practice best to maximize reimbursement on your claims.
Features & Benefits
Prescriptive
We employ descriptive and predictive analytics (and often prescriptive analytics). We aren’t consultants, but we are act that way sometimes. We are able to track your current billing and compare it, in order to predict future revenue loss to help you fix it and maximize reimbursement across the board.
Accurate
We don’t spit out fabricated case studies about one-off clients who received an unrealistic amount of money, and we don’t use theoretical max reimbursements like contracted rates or Medicare fee schedule. We can show you that you made $10 million last year, but you should have made $11 million and what to do.
Unbiased
We perform the initial analysis of your billing free of charge to provide unbiased performance evaluations to compare with other providers and medical billing companies. This way you get the most accurate analysis of expected revenue based on your specific payer and procedure mix.
Frequently Asked Questions
Is my billing performing well?
Why is it free? What's the catch?
We will benchmark for you completely free and share the highly detailed quantitative results of the analysis, providing you with an enormous amount of valuable information. Regardless of whether you ever do business with us, you will have gained an enormous amount of DATA!
How much more could I make?
Apache is able to benchmark the top performing providers as well as the top medical billing companies that are specialty-specific to you, in order to more accurately predict your potential increase in collections. Making crude generalizations like 10-30% is useless since it is not specific to your payer and procedure mix; instead ask us exactly how much more money you can make in dollars per year.
We operate in all 50 states nationwide. Remember our benchmark analysis is free. Contact us with the form below or call us at 888-422-5514.