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How Aptarro’s RevCycle Engine Transformed Newport Orthopedic Institute’s Billing Operations
 

Picture this…you’re the largest orthopedic and musculoskeletal group in coastal Orange County, CA. Your bill review process is manual, repetitive coding errors slow payments, and staffing can’t keep pace with provider workload. You set an ambitious goal to reduce manual labor by 50% and need a solution to streamline RCM operations without increasing staffing. 

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The results

TOUCH
70% of billing issues auto-corrected
70% of billing issues auto-corrected

70% of billing issues auto-corrected

 

TOUCH
76% faster charge processing
76% faster charge processing

76% faster charge processing

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Avoided hiring additional budgeted staff
Avoided hiring additional budgeted staff

Avoided hiring additional budgeted staff

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Improved cash flow
Improved cash flow

Improved cash flow, reduced denials, and boosted provider engagement

The results

radar
 

Reduced/Reallocated

 

10+ FTEs
 
accuracy
 

Reduced Time

 

from date of service to claim submission by two days
optimization
 

Decreased

 

clearinghouse and payer rejections by 3%
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Improved

 

claim resolution rate by 25%
 
 
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The challenge

Manual charge review is eating time and delaying reimbursements. The goal to cut review labor by 50%, reduce coding errors, and avoid adding staff while handling more providers requires automation.

 

The solution

Aptarro’s rules engine automated charge corrections and reduced manual intervention ensuring code combinations were accurate before claim generation.

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Proof

Real, satisfied customers

“I love the reports. They are a key tool in our monthly board meetings and revenue cycle board meetings, helping me demonstrate the ROI of RevCycle Engine. They provide a clear picture of how much work is being fixed before it ever becomes a problem, which is invaluable for keeping leadership informed.”  

Director of Revenue Cycle

The providers are engaged in creating rules themselves. They’re asking, ‘Can this scenario be built into RevCycle Engine?’ They’re starting to think of clever ways to make the system work for them, even in smaller pain points. The physicians are most thrilled about how much less work they must do, such as ordering of codes. Engagement continues with new rules being added weekly.”

Director of Revenue Cycle

The benefits

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The group was able to reduce two full-time positions and reallocate another two full-time positions on their Charge Entry Team. They reduced 11 hours per day of manual charge entry; and automated charge cloning, missing charge reconciliation, and practice transfer. On their AR Team, they were able to reduce four and a half full-time positions and reduce denial tasks by 22%. Finally, on their Coding Team, they were able to reduce two fulltime positions and reduce coding denial tasks by 75%. In all, they were able to reduce or reallocate over ten full-time positions.

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In addition to remedying their staffing challenges, these changes positively increased staff morale and allowed for more professional growth among their existing staff. The simplified processes also eased staffing changeovers and reduced the administrative burden on IT.

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The time from date of service to claim submission was reduced by two days. Their clearinghouse and payer rejections decreased by 3%, backend rejections went from 40% of total rejections down to 15%, and their claim resolution rate three months after implementation was up by 25% of the available opportunity.