Allnet offers a comprehensive solution to increase revenue for hospitals and healthcare organizations through advanced algorithms and technology-driven auditing processes. Here's how we can benefit your healthcare organization
1
Allnet’s team of healthcare billing professionals will conduct a thorough audit of your historical billing records using state-of-the-art algorithms and technology. This audit aims to identify errors and discrepancies in billing codes, which often lead to significant revenue increases for hospitals.
2
Through the audit, Allnet will identify errors and underpayments in your network's insurance billing. This includes misclassifications in billing codes and instances where insurance providers have underpaid your organization.
3
Upon identifying errors and underpayments, Allnet will work on your behalf to recover the lost revenue from insurance companies. They operate on a percentage basis, meaning you only pay them a portion of the recovered funds.
4
Allnet develops custom algorithms tailored to each client's billing data. These algorithms efficiently analyze complex billing records to pinpoint discrepancies and errors. Their team, which includes ex-C-Level executives from the health insurance industry, ensures that their revenue recovery service is at the forefront of the industry.
5
Allnet’s audits typically result in a substantial increase in revenue for their hospital clients, ranging from 10% to 20%. They focus on identifying zero balance claims that are marked as paid in full but have underpayments from insurance providers.
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