ALLYNE Health Launches Lift on Collections (LOC) Solution
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ALLYNE Health today announced the launch of its new Lift on Collections (LOC) Solution, which enables hospitals, surgery centers, and physician practices to improve collections from payors in a risk-free, non-invasive manner.
Utilizing subject matter expertise, proprietary technology solutions, and the most up-to-date market intelligence, the ALLYNE LOC Solution identifies, quantifies, and collects additional revenue available from health insurance claims that have already been fully pursued by the revenue cycle management processes currently in place. The LOC Solution is specifically designed to improve collections with no disruption to current operations.
Announcing the new Solution, Carl R. Noback, M.D., Chief Medical Officer of ALLYNE, said, “Payor contracting complexity and ever-changing regulatory, reimbursement, and technology requirements lead to even the most sophisticated healthcare providers not collecting the full amount due from payors. In fact, we estimate that over $125 billion due to providers and facilities goes uncollected each year. Identifying this pain point in the market led to the development of the proprietary LOC Solution to help our clients increase collections from payors.”
For more information on ALLYNE’s LOC Solution, please visit: www.allynehealth.com.
About ALLYNE Health, Inc
ALLYNE Health is a leading revenue cycle management and healthcare business management company dedicated to optimizing collections, driving cost savings, and increasing profitability for physician, practice, surgery center, and hospital clients. We focus on the business of medicine so our clients can focus on what they do best – delivering quality healthcare to their patients. For more information, please visit www.allynehealth.com or call 855-5-ALLYNE.
