Infinx Healthcare Offers Special Contingency Pricing on Its AR Optimization Solution

Infinx Healthcare, Contingency Pricing, AR Optimization Solution
Infinx Healthcare Offers Special Contingency Pricing on Its AR Optimization Solution

Infinx Healthcare announced it is offering its Infinx AR Optimization Solution (AROS) with no upfront fees to support radiology and imaging centers impacted by the COVID-19 pandemic. The Center for Disease Control (CDC) has requested that non-essential imaging procedures be rescheduled until further notice, creating a revenue crisis for radiology groups and imaging centers across the country.

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Infinx AROS provides radiology groups with the power to analyze, predict and realize maximum revenue from their outstanding aging payer accounts receivables (AR). The new artificial intelligence solution uses advanced machine learning capabilities to turn data into actionable insights that optimize AR recovery and significantly decrease costly write-offs.

A recent pilot of the Infinx AROS with a large radiology group demonstrated significant results, including*:

  • A 26.1% increase in denial collections
  • A 60% reduction of >120 days aged AR in 6 months
  • An improvement of 12% in first-pass payments
  • A 60% reduction in cost to collect

“The guidance provided by the CDC is sound protection for all healthcare providers, but also severely impacts the ability of radiology groups to maintain their revenue cycle,” said Navaneeth Nair, Infinx’s Vice President of Products. “We’re offering special contingency pricing to support this important segment during this time of need. With AROS, groups can quickly and easily generate additional revenue from their aging AR without adding staff or increasing administrative costs.”

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Infinx AROS provides real-time analytics, predictive recovery insights, and performs prioritization of the outstanding charges, that significantly improve recovery over manual efforts. The scalable infrastructure of Infinx AROS acts as an extension of your AR team, reducing costs and improving collections.

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