Navigating Hospital Revenues. from lost to Recovered

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1 Navigating Hospital Revenues from lost to Recovered

2 Reimbursement Equals Revenue Our team has decades of experience in managing the most difficult areas of reimbursement and we have an exceptional success rate. With our help, motor vehicle accident claims are often reimbursed at 100%. And 100% of our clients who initially tested our services with their very toughest workers compensation claims have ultimately entrusted us with all of them.

3 Are you getting paid what you are entitled to? Finding hard earned dollars in a churning sea of processes, policies and payors is difficult. We know how to retain YOUR money. With a full team of legal resources, we dig deep into motor vehicle accidents, workers compensation, underpayments and denials. This specialization is powered by our proprietary claims management system and a highlyfocused and well trained team. We focus on what matters. Since 2008, hospital CEO s have ranked revenue as their most important issue. Aspirion reimbursement results speak for themselves and we win when others don t even know there is a race. And we are complimentary with both internal and external revenue cycle management. Best of all, We don t get paid unless you do. Our work is on a contingency basis which means no risk and no budget expense for our clients. Let us show you how Aspirion Health Resources can grow your reimbursement revenue.

4 We do the hard work. Each claim is managed by a highly trained and specialized case manager. Our proprietary claims system serves as both a project management tool and a communication vehicle for our clients to follow our progress on each claim. In all cases, we train our client s ER administrators and revenue management team on best practices to assure the highest success rate for our revenue reimbursement efforts. Our expertise in managing underpayments and denials further improves client revenue. As experienced patient advocates and hospital ambassadors, we know how to work with payors for the very best results. Aspirion s reputation for persistence, preparation and fairness is leveraged every day in maximizing revenue reimbursement for direct improvement to the bottom line.

5 aspirionhealth.com

6 Revenue Solutions Proven Results Motor Vehicle Accidents Aspirion has uncovered over $9.5 million dollars in the last twelve months for Hospitals thru this service, since most do not have the time, resources or expertise required to capture these reimbursements. We turn written off claims into Realized Revenue. Our goal is every case is 100% payment of billed services. MVA claims are often complicated in that information gaps exist in what is required for reimbursement and what is actually available or collected. Many accident patients are classified as self-pay when there is a real possibility that an automobile insurance policy is in place that could pay at 100%. Some cases require specific pursuit of payments via liability liens, which we expertly manage to protect the Hospitals rights to be paid, in the event of a settlement. Workers Compensation Claims Aspirion s Hospital clients utilizing this service began by outsourcing only their most difficult claims, 100% of these clients now trust Aspirion to handle ALL of their workers comp claims! Aspirion s proven results and effectiveness in workers compensation recently contributed over $5 million to clients revenues! The complexity, strict timelines and rules for filing workers compensation claims means revenue managers are faced with time-consuming pursuit of claims that are often resolved with no reimbursement to the hospital. And very few providers take further steps to collect penalties and interest when claims are finally paid. We train hospital staffs on best-practices for maximizing non-emergency room claims. Our team is trained to meticulously navigate the process in a timely fashion that positively impacts the reimbursement revenue for our clients. Underpayment and Denial Management Aspirion recently recovered over $4.1M for Hospitals that were originally denied by commercial carriers! Commercial carriers often go unchallenged on underpaid or denied claims - even when the carrier s process or system has caused the problem. The resulting increase in accounts receivable DSO and bad debt write-offs directly and unfavorably impact the hospital s bottom line. Aspirion navigates through the obstacles and can recover funds due to our clients. And as with all of our services, Aspirion only gets paid when we recover YOUR money.