SERVICES

Insurance A/R Resolution

Insurance

Unlock A Precision-Driven Next Account Resolution Action Based on Cutting-Edge Scoring and ROI to Maximize Net Returns

  • Advanced analytics and intelligent automation
  • Precision-driven financial actions via our 8-factor client-specific prioritization schema
  • Optimized work queue management and precise action assignments
  • Exhaustive Account Scoring based on multi-point algorithms
  • Skilled specialists adept at working with all payers and providers
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Overwhelmed by a significant volume of aged smaller balance claims sitting dormant?

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Struggling with staff shortages and limited IT bandwidth to work these accounts?

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Tired of having to complete bulk write-offs of unresolved insurance accounts once they age over a year or more?

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Frustrated with outsourcing accounts to vendors who face the same unworked account issues?

This challenge is all too common in healthcare, where managing aged smaller balance accounts, mostly with denials or partial payments, can strain your resources. With staff stretched thin and limited advanced technology to assist, resolving these accounts can feel overwhelming.
At Annuity Health, we offer a solution. Our AI-driven technology streamlines workflows, reduces delays, and optimizes payment collections, allowing your team to focus on critical tasks. We also provide scalable IT support to enhance your infrastructure.
Annuity integrates strategy, technology, and people to maximize net cash collections and maintain best-of-practice accounts receivable levels for aged insurance accounts.

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Increased Portfolio Cash

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Reduction of Portfolio Volumes

%

Overall Cash Increase for Facilities

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Reduction to Overall Denial Rates

(terminal/fatal)

Advanced analytics and intelligent automation

Automate traditionally manual tasks, boosting quality and productivity

Our Intelligent Automation engine, guided by AI analytics, automates low-value and repetitive tasks, enabling staff to focus on complex, high-value accounts for maximum quality and productivity.

Intelligent Automations

Medical Record requests

Appeals processing

Transfer Balance to patient responsibility

Our proprietary technology platform, AnnuityOne, uses an AI bespoke multi-factor, client specific prioritization schema to optimize workflow and queue management, ensuring the right effort for each account. Instead of focusing solely on denial reasons or balance, we factor in payor cash-to-charge ratio, collectability, and cost to collect, among others, to guide the next resolution action.

Specialized Automations

Comprehensive Account Evaluation

Exhaustive Insurance Net Recovery Scoring based on multi-point algorithms

Prescriptive Strategy for delegating tasks to technology vs. people

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I am incredibly impressed by Annuity’s leadership and innovative approach to insurance follow-up, and denials management, while balancing human resources and automation/AI. Their efforts and responsiveness continually help us meet our industry leading revenue cycle metrics and cash collection goals.

– Steven F. Honeywell, AVP of Patient Accounting, Penn Medicine

Success

Case Study

$5b NPR health system

In a rapidly evolving healthcare landscape, efficient revenue cycle management is crucial for sustaining financial health. This case study explores our partnership with a $5 billion NPR health system, where our targeted interventions led to significant financial improvements.

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Aged AR

>60 Days

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Cash Collections

From Aged AR = $Millions

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Client Denials

Leading to corrective ‘up-front’ action