Apollo Information Services has a consistent record of improving revenue for physician practices in a cost effective and fully compliant manner. Hospitals with internalized physician management often struggle with the complicated process of billing and collections. If this rings true for your facility, see how outsourcing your billing to Apollo can help you more successfully bill and collect revenue so you can focus on the management of your physicians. The following examples show how Apollo has improved the revenue of several Emergency Departments and can do the same for your facility.

January 8, 2011 - Apollo’s newest success story involves an employed model Level 1 Trauma center including an Emergency Department, a Fast-Track and Pediatric service within a 400+ bed hospital in Tennessee. With a relatively high per patient revenue, they were doing a pretty good job of professional billing and collections. However, after fully implementing Apollo’s services, their revenue increased 42% per patient, resulting in nearly over one million in additional revenue per year.

July 1, 2010 - Apollo took over the process of billing and collections for two large Emergency Departments with 33,000 and 21,400 patients per year, also in Tennessee. Their revenue per patient was decent, however they felt they could do better. They were right. Apollo’s expert coding and billing services increased the revenue per patient 14% and 26% for these two facilities. For the Emergency Department with a volume of 33,000 patients per year, this resulted in over $417,000 in extra yearly revenue. The facility with a volume of 21,400 patients per year gained over $475,000 in additional yearly revenue.

January 4, 2010 - A small community hospital with an annual volume of 11,500 patient visits located in rural Nebraska had been struggling with their billing and collections for several years. While considering the issues facing his ED, the CFO realized the opportunity to improve their bottom line by outsourcing their revenue cycle management. A year later, Apollo’s proven systems had increased their revenue per patient by 38%, resulting in over half a million dollars of additional income. The CFO could not be happier!

September 1, 2008 - A 3 hospital system in Illinois had begun to lose money in their Emergency Department. After coming to the realization that their staffing, management, coding, billing and collections were suffering the CEO made the strategic decision to outsource these functions to ECI and Apollo. This decision proved to be the right choice. Not only did they reduce their staffing costs and improve quality of services but they also increased their revenue per patient, resulting in a $318,862 improvement in revenue per year from the 62,100 patients seen in the 3 Emergency Departments.

Through timely billing, quality physician documentation and persistent collections, Apollo has helped create many other success stories throughout the years. Although your results will depend on your current situation, these are just a few examples of the possibilities Apollo has to offer your Emergency Department or Urgent Care Clinic.


 
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